Business Services Industry

The Herald, Rock Hill, S.C., Business Briefs Column.

Knight Ridder/Tribune Business News, November, 2003

By Caroline Brustad, The Herald, Rock Hill, S.C. Knight Ridder/Tribune Business News

Nov. 7--MUZAK SHOWS INCREASE IN THIRD-QUARTER EARNINGS: Muzak LLC announced Thursday that its total income for the quarter ended Sept. 30 was $59.3 million, compared to $56.2 million for the same period last year, a 5.7 percent increase.

Profits before interest, taxes, depreciation and amortization for the third quarter were $19.1 million, compared to $18.7 million in third quarter last year, an increase of 2.2 percent.

In other Muzak news, Lon Otremba recently joined the company as president.

Most recently, Otremba was executive vice president of America Online's Interactive Marketing Group. Bill Boyd remains the company's chief executive...

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