09:49 AM EST - Mood Media Corporation : announced the closing of the previously announced disposition of the substantial majority of the retail point-of-purchase assets (including the catalog of over 1,600 master recordings) of its subsidiaries, Mood Media Entertainment Ltd. and Mood Entertainment Inc. to Somerset Group, Ltd. for $2 million. As part of the disposition, the Company is exiting any residual activities related to the retail point-of-purchase assets, the costs of which are still to be finalized. Mood Media Corporation
shares T.MM are trading up $0.01 at $1.08.
