Malcolm McRoberts, CEO of Mood Media

Malcolm McRoberts - CEO, Mood Media  |  Photo: Vector Capital

Executive Profile

Malcolm
McRoberts

Chief Executive Officer  /  Mood Media

He runs the company that controls what you hear, see, and smell inside 500,000 businesses. That's not a metaphor. That's the job.

150M+ Daily Consumers
140+ Countries
30yr Experience
In-Store Media Retail Media Digital Signage Music for Business Scent Marketing

Walk into a grocery store, a hotel lobby, a QSR chain, or a bank branch. The playlist curated to match the pace of your shopping, the digital menu board cycling offers, the subtle scent diffused through the HVAC, the branded audio playing on hold - odds are, Malcolm McRoberts runs the system delivering all of it.

As CEO of Mood Media since January 2021, McRoberts sits at the intersection of retail, technology, and human psychology. Mood Media operates in 140+ countries, serves over 500,000 business locations, and reaches more than 150 million consumers every single day. The revenue figure is $475 million. The headcount is 1,900. The ambition is larger than both numbers suggest.

McRoberts didn't inherit a tidy operation. He was brought in by Vector Capital - the private equity firm that acquired Mood Media out of Chapter 11 bankruptcy in 2020 - and tasked with the kind of transformation he'd already run twice before. Once at NCR, once at Deluxe Corporation, and now here, at the company that used to be just "Muzak."

The Muzak era is a long way behind. Under McRoberts, Mood Media acquired Vibenomics in March 2023 - the leading in-store advertising network technology provider - then turned around four months later and struck a partnership with Stingray Advertising that created the largest U.S. in-store retail media network. It now reaches over 800 million monthly shoppers. That figure isn't a typo.

His stated goal: "to be the leading, end-to-end cloud-enabled provider of fully-integrated on-premise media experiences." It's corporate-speak for something genuinely interesting - building a platform that doesn't just play sound in a store, but uses that sound, imagery, scent, and programmatic advertising to measurably influence what ends up in your cart.

"Current in-store advertising is fragmented and inconsistent." - Malcolm McRoberts. He's been fixing that ever since.

The retail media industry is paying attention. U.S. retail media spend was projected to grow from $31 billion in 2021 to $61 billion by 2024. Most of that spend goes to screens - Amazon, Walmart.com, Target's app. McRoberts is building the infrastructure for what happens inside the physical store, at the shelf, in the moment. The last ten feet before purchase, which digital advertising still struggles to reach.

Our goal is to be the leading, end-to-end cloud-enabled provider of fully-integrated on-premise media experiences.
Malcolm McRoberts - CEO, Mood Media
500K+ Business Locations
140+ Countries Served
800M+ Monthly Shoppers Reached
$475M Annual Revenue

Thirty Years.
Three Transformations.

Early Career

Engineer at Lucas Aerospace, UK

Started in aerospace engineering - the foundation that made him one of the few media CEOs who can actually read a technical spec.

Mid-Career

Merloni Elettrodomestici SpA - UK and Italy

First international role at one of Europe's largest home appliance manufacturers. Continental Europe, early exposure to complex operations at scale.

~1988 - 2007

Senior Executive - NCR Corporation

Nearly two decades spanning operations, professional services, and IT across London, France, and the U.S. NCR was the proving ground - global reach, enterprise complexity, technology at its core.

2007 - 2020

CIO/CTO then President, Small Business Services - Deluxe Corporation

The playbook he'd later run at Mood Media: take a legacy provider (checks and forms, in Deluxe's case) and transform it into an international technology-enabled marketing and business solutions company. He led the entire technology organization first, then ran the business unit. Fortune 500. Proved it works.

2020

Portfolio Executive - Vector Capital

Joined the private equity firm's Value Creation team. Led the acquisition process for Mood Media, which had filed for Chapter 11 in July 2020 - emerging in under a month with debt slashed from $651M to $247M.

January 2021

Appointed CEO - Mood Media

Named Chief Executive Officer upon Vector Capital's completion of the Mood Media acquisition. Joins the board and begins setting strategy for recovery, growth, and platform expansion.

September 2021

Acquires PlayNetwork

Expands Mood Media's content delivery and managed services capabilities. First major acquisition under McRoberts' tenure.

March 2023

Acquires Vibenomics

Acquires the leading in-store ad network technology provider, extending Mood Media's platform into programmatic retail media advertising. Combines 500,000+ physical locations with programmatic buying infrastructure.

July 2023

Vibenomics + Stingray Advertising: Largest U.S. In-Store Retail Media Network

Partnership with Stingray Advertising creates the largest in-store retail media network in the U.S. - 25,000+ brick-and-mortar locations, 800M+ monthly shoppers reached through in-store digital audio advertising.

Our new sales relationship with Stingray Advertising marks a transformative shift in the retail media landscape by creating a new standard for buying retail media.
Malcolm McRoberts - on the Stingray Advertising partnership, 2023

The Engineer Running a Media Company

McRoberts is British. He studied engineering. He holds degrees from Strathclyde and Warwick - both with honors or distinction - then added a commercial project management certification from George Washington University and an Advanced Management Program at INSEAD in France. He is, in the specific way that matters, technically literate in a sector where most media executives are not.

That's not incidental. Mood Media's value proposition isn't content - it's infrastructure. The company owns the hardware, manages the software, runs the networks, and provides the content. In a grocery store, that means Mood might be managing the PA system, the background music licensing, the digital signage screens on the endcaps, the drive-thru audio, and now - through Vibenomics - the programmatic ad inventory sold to CPG brands who want to reach a shopper standing in front of their product category.

He came to Mood Media not as a hired hand but as the architect of the deal that bought it. That's a different kind of ownership over a turnaround.

The Vibenomics acquisition in 2023 was McRoberts completing the platform. Background music and scent marketing are ambient - they set mood, influence dwell time, affect perception. But programmatic audio and digital signage advertising tied to analytics and ROI measurement is something brands can budget-line against. It closes the loop between experience and commerce.

Before joining Mood Media, McRoberts' role at Vector Capital was to find businesses where that kind of transformation was possible - where legacy infrastructure could be rearchitected around new technology without dismantling what still worked. Mood Media, post-bankruptcy, with its physical presence in 500,000 locations across 140 countries, was exactly that: an infrastructure play dressed in a media company's clothes.

The comparison to his time at Deluxe Corporation is instructive. Deluxe was a 100-year-old company that sold checks. McRoberts served as CIO/CTO, then ran the Small Business Services Division - pushing Deluxe from physical checks-and-forms into digital marketing tools, cloud-based business services, and technology-enabled solutions for small businesses. He proved that legacy revenue and modern technology platforms weren't mutually exclusive. The same argument applies to Mood Media's Muzak heritage: the physical install base is a competitive moat, not a museum piece.

Under his leadership, Mood Media now serves retail, restaurant, financial services, healthcare, hospitality, and quick-service restaurant brands - with a unified platform that can adjust the tempo of a playlist based on foot traffic data, serve a targeted digital ad when a specific SKU hits a promotion threshold, and emit a coordinated ambient scent at a spa entrance. The multisensory experience business, in short, has grown a data layer.

Education

University of Strathclyde

Bachelor of Engineering (Honors)

University of Warwick

Master's in Engineering (Distinction)

George Washington University

Master's Certificate in Commercial Project Management

INSEAD France

Advanced Management Program (AMP)

Key Figures

Mood Media emerged from Chapter 11 in under 30 days, cutting debt from $651M to $247M
Vibenomics acquisition brought programmatic audio advertising to 25,000+ store locations
Stingray partnership created a network reaching 800M+ monthly shoppers
U.S. retail media ad spend projected to grow from $31B (2021) to $61B (2024)
Mood Media's AI Messaging Copilot launched under McRoberts, adding generative AI to in-store audio production

Fun Facts

Muzak was so culturally pervasive it became a generic term for elevator music. The company McRoberts runs now reaches more people daily than most social networks reach in a single day.
McRoberts has four engineering and management credentials from four different universities across three countries.
Mood Media operates physical infrastructure in 140+ countries - more countries than most multinational software companies.
In-store advertising reaches consumers at the last 10 feet before purchase - the moment digital advertising still can't easily target.

What He's Built

🆕

Led Mood Media's post-bankruptcy recovery - emerged from Chapter 11 in under 30 days with debt reduced from $651M to $247M, then rebuilt the business for sustainable growth.

📺

Acquired Vibenomics (2023), transforming Mood Media from an in-store experience company into a full-stack retail media platform with programmatic advertising capabilities.

🎵

Partnered with Stingray Advertising to create the largest U.S. in-store retail media network - 25,000+ locations, 800M+ monthly shoppers, with single-point programmatic buying access.

🌎

Expanded Mood Media's global footprint to 500,000+ business locations across 140+ countries, reaching 150M+ consumers daily across retail, restaurant, healthcare, and hospitality.

💡

Repeated the Deluxe Corporation transformation playbook at Mood Media - converting legacy infrastructure into a technology-forward, cloud-enabled, analytics-driven platform.

30+ years of executive leadership across NCR, Deluxe Corporation, Vector Capital, and Mood Media - spanning engineering, IT, operations, and business unit leadership at Fortune 500 and PE-backed companies.

What McRoberts Says

Mood Media is committed to delivering the next generation of in-store technology solutions. Vibenomics extends these efforts by strengthening our ability to deliver highly effective programmatic advertising that enhances consumer engagement.

On the Vibenomics Acquisition - March 2023

Our goal is to be the leading, end-to-end cloud-enabled provider of fully-integrated on-premise media experiences.

Mood Media Strategic Vision

Our new sales relationship with Stingray Advertising marks a transformative shift in the retail media landscape by creating a new standard for buying retail media.

On the Stingray Advertising Partnership - July 2023

Current in-store advertising is fragmented and inconsistent.

Malcolm McRoberts - Retail Media Strategy

How He Operates

Operationally Rigorous

Tech-First Executive

Strategically Acquisitive

Globally Minded

Transformation-Oriented

McRoberts is a rare type in the media business: an engineer by training who became a business unit president by necessity, then a CEO by design. His career arc has a specific shape - he goes into complex organizations with legacy infrastructure and converts them into technology-led, recurring-revenue platforms. He's done it at NCR. He's done it at Deluxe. He is doing it now at Mood Media. The difference this time is that he came in as the deal architect, not just the post-acquisition fix-it executive. That's a different level of conviction in the thesis.

Latest From McRoberts

Jul 2023

Mood Media's Vibenomics and Stingray Advertising announce partnership to create the largest U.S. in-store retail media network - 25,000+ brick-and-mortar locations, reaching 800M+ monthly shoppers via programmatic in-store digital audio advertising.

Mar 2023

Mood Media acquires Vibenomics, the leading in-store ad network technology and service provider. The acquisition adds programmatic advertising capabilities to Mood's multisensory platform, expanding into measurable retail media.

Sep 2021

Mood Media acquires PlayNetwork, bolstering content delivery and managed services capabilities. McRoberts' first major acquisition as CEO, expanding the platform's reach and content production infrastructure.

Jan 2021

Malcolm McRoberts appointed CEO of Mood Media following Vector Capital's completion of the acquisition. Joins the Board of Directors and begins setting strategy for recovery, expansion, and technology platform development.