Mood Media Files For Bankruptcy: What’s Next For Mood TV?

Mood Media, a company that provides TV (Mood TV) and music solutions (Muzak) to businesses, has announced that it is filing for bankruptcy as of early July 2020. This marks the second time that the Texas-based company has gone bankrupt, which begs the question: “What’s next for Mood TV?

Mood is a reported 680 million dollars in debt, making it fair to anticipate cuts or changes to the service. A reduced support staff in particular isn’t out of the question when it comes to these companies’ responses to an immediate solution. Less updated content, or lower quality content may also be an option for them. Alternatively; users could potentially see an increase in ads on their TVs due to providers lowering the cost of running ads on their network in order to cope. Bankruptcy is rarely good for customers, creating distrust, and certainly showcases poor management and bad planning.

How are other TV providers doing during Covid?

Advertising budgets shrunk drastically during the first 6 months of 2020. Brands just aren’t spending what they used to on ads due to COVID’s impact on the market; which is bad news for Mood Media, Outcome Health, or any other streaming service that relies heavily on selling ad space to stay afloat.

TV technology works, without the ads

Anything can happen to the market; and when something does — like it did with COVID-19, these ad-supported TV companies struggle to find solutions to bridge the gap caused by a sudden decrease in ad spending. A better solution for business owners is a tv platform alternative that doesn’t rely on support from selling ad space to outside companies. You want to find a service provider who can be a strategic thought-partner and wants your business to grow and succeed; not a someone whose goal it is to make money off of selling ads on your television.

Related Article: “Free TV Services: What’s the Real Cost?

 A Better Solution for the Business Owners

Ads shouldn’t be dominating your restaurant, lobby, or waiting room television. In fact, too-many-ads was probably one of the reasons you cut cable in the first place. Factor in a reduced level of service and support, especially now, and you begin to wonder why you’re continuing to use it.

Your TV should work for you and your business.

Whether you’re ready to make a change and switch to a new custom TV network, or have questions about what features are missing from your current TV; you can chat with the TV experts here. You can also go the DIY route and utilize a TV network and their content and overlay your own messaging by using brand new TV technology found at: http://rele.tv

Top Free TV Service for Medical Waiting Rooms and Lobbies

Browsing the internet for a free TV service for your waiting room? The leader in patient-focused TV has recently announced a new subscription plan that’s available to all medical offices. Whether you’re a hospital, urgent care, doctor, dentist, or medical specialist; the sponsor-supported subscription option allows you to utilize the premium service, but without incurring the cost.

A “Free” TV Service Vs. It’s Relevant TV’s Sponsor-Supported Service

free TV service is exactly what it sounds like on the surface. It’s a TV service with no cost, which you pay nothing for– at least insofar that you’re not spending any “money” for it; but that doesn’t mean it’s not costing your medical office something else.

Read: Top 5 Reasons a “Free” TV Service for your Waiting Room is Bad for your Medical Office.

TV providers who offer that kind of “free waiting room television” are only able to do so because their services are actually paid for by pharmaceutical ad support. You might be paying $0 for the service, but you get what you pay for in this case– likely generating $0 for your own practice from it. Instead, the revenue generation is completely taken by that provider. What’s worse, you’re left with TV that you have little control over, and may upset your patients.

While you are not paying any money out of pocket for that kind of service, it could be costing you money, and your patients’ trust. It goes against the spirit of creating a good patient experience when you allow your visitors to be subject to ads which might make them feel like they have X symptoms, or need Y drugs.

Best practice: Avoid TV services that put anything medical-related on the TV that you don’t endorse yourself.

Patients don’t need to be bombarded with drug ads, and pharmaceutical companies shouldn’t be invading and monetizing your waiting room. If someone should be generating revenue off of your TV, it’s you!

It’s Relevant TV: A No-Cost Waiting Room TV Service for Medical Offices

Let’s compare the traditional “free TV service” described above to It’s Relevant TV’s sponsor-supported service. Instead of your service provider profiting off of your waiting room TV, you do. It’s Relevant’s unique approach is for a sponsor, of your choosing, to pay the cost of your subscription in exchange for having their brand on the TV.

It’s a great way to strengthen relationships with local businesses.

This way, you’re in control; you control who, and what, shows up on your TV.Sponsor-supported subscribers don’t miss out on any of IRTV’s premium content. Over +1,000,000 minutes of fun and interesting content is available for your visitors to enjoy, coupled with the ability to promote your services in a more meaningful way. This allows you to generate positive feelings among patients, and more revenue on the side to improve your medical office.

Visit: It’s Relevant TV: Medical Custom Networks to learn more.