Monetizing a mood

21khz: The Art of Money In Music

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6+ y ago 38:17

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Danny Turner - Monetizing Moods. Global Senior Vice President for Creative Programming at Mood Media Season 2/ Episode 3

I've never been able to get the final scene from the "Blues Brothers," out of my head. Jake and Elwood spend the entirety of the (in my opinion fantastic) movie racing to the Cook County Assessors office, desperate to pay the back taxes on the orphanage. The final few moments of their quest (chased by thousands of members of Illinois law Enforcement) spent waiting in the elevator, staring at the blank walls, while the dulcet tones of "The Girl from Ipanema,"plays over the loudspeakers.

The scene doesn't need words, and we've all been there. Staring at elevator walls, avoiding any eye contact, canned elevator Muzak playing over the elevator speakers to fill the silence. Just say the word, "Muzak," and "The Girl From Ipanema" jumps immediately to mind.

But here's the thing, Muzak, as we thought we knew it, no longer exists. Muzak hasn't been a company since 2011 when it was acquired, for $345 million by a company called, Mood Media*.

Why would anyone pay $345 million for the company behind, "The Girl from Ipanema"? Well - according to Danny Turner, Global Senior Vice President for Creative Programming at Mood Media - it was money well spent.

Mood Media is an Austin, Texas-based company, which will create the perfect mood for their clients.

From their website...

Mood Media is the world’s leading in-store media solutions company dedicated to elevating the Customer Experience. We create greater emotional connections between brands and consumers through the right combination of sight, sound, scent, social mobile, and systems solutions.

Music, sight, sounds, smells. Everything you would need to create the perfect mood for your shopping mall, high-end hotel or corporate lobby. Mood Media yanked the "The Girl from Ipanema," kicking and screaming away from the relaxing beaches of Rio de Janeiro and dropped her right into the middle of the edgy world of modern consumer culture.

It's a great interview, Danny explains a little about the history behind Muzak, about the power of music to create a mood, what is the difference between a playlist and true curation, and how artists can make a living off composing music for Mood Media.

* OK, sorry, we messed up a bit. A few times (actually, like 8) in the interview we mistakenly called the company, "Mood Music"... it's called Mood Media, and we were wrong (very wrong.)

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