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Article: Muzak still singing an upbeat tune
- Article from:
- Telegraph - Herald (Dubuque)
- Article date:
- April 19, 2009
- Author:
CopyrightCopyright 2009 Telegraph - Herald (Dubuque). Provided by ProQuest LLC. (Hide copyright information)
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FORT MILL, S.C. - About the only quiet places in the headquarters
of Muzak Holdings LLC are, believe it or not, the building's
elevators.
The omission is intentional. Muzak management wants visitors to
know that the company has abandoned those milquetoast renditions of
pop songs that got toes involuntarily tapping in elevators
everywhere.
But while Muzak Holdings spent years reinventing itself by
selling restaurants and retail stores custom "playlists" - of real
songs, not elevator-music versions of them - the company sank deep
into debt and lost money. Now Muzak is restructuring under Chapter
11 bankruptcy protection.
"This was a financial situation that was looming for 10 years,"
said ...