Mood Media Corporation announced that the Board of Directors has appointed Gary Shenk and David V. Richards as new independent directors, effective immediately. Messrs. Shenk and Richards succeed Lorne Abony and Justin Beckett, who will step down from the Board and have served as directors since 2005 and 2004, respectively.

Shenk is a seasoned digital media and communications business executive with significant experience in licensing, operations, sales and marketing. He currently serves as the Chief Executive Officer of Corbis Corporation. Shenk joined Corbis in 2003 to found the Company's Rights Services unit, responsible for business development, which became the preeminent leader in this market under his direction.

Richards brings extensive accounting and financial expertise to the Board. He currently serves as the President and Managing Director of Network Capital Management Inc., a private investment management company that invests primarily in energy related companies and special situations.