Wednesday, February 11, 2009
Muzak files for Chapter 11 bankruptcy
Muzak Holdings says its total debt is between $100 million - $500 million with assets of less than $50,000. What - is the economy so bad that people don't ride elevators anymore? Are passengers fated to endure elevator rides in uncomfortable silence, with no dulcet tones wafting gently through the air? I blame the ipod, and those people who always insist on discussing the weather.