Inflight content and connectivity business Anuvu will be acquired by Platinum Equity, the latest in a series of financial twists for the company.
CSP
PaxEx PR: United Brings Full Season Apple TV+ Content In-flight
United will bring full seasons of Apple TV+ content to its cabins in a big win for content fiends, and also for Anuvu, which holds the global inflight distribution contract for Apple TV content.
Anuvu Snags Global Apple TV Distribution Deal
Airlines can now offer more Apple TV content than ever on their IFE systems, thanks to a distribution partnership with Anuvu.
Formula 1 launches in flight with Anuvu licensing deal
Looking to bring one of the most popular sports in the world on board? Airlines now have a second option for delivering extensive Formula 1 content on their inflight entertainment systems, thanks to a distribution agreement with Anuvu.
AERQ partners with ABOVE for digital content workflow
An in-flight entertainment platform without content to show is not much to look at. As cabin digitalization provider AERQ moves towards delivering its solution to airlines it is addressing the content challenge. A new partnership with media processing and distribution platform ABOVE aims to deliver a smooth workflow and stream of content for cabins.
Out with the old, in with Anuvu: Global Eagle launches new branding
New name, same focus on “innovation and future-proof solutions for customers.” That’s the message from Anuvu, the rebranded Global Eagle as it continues to transition under new ownership.
Global Eagle shifts to subscriptions with Iris content services
In-flight entertainment content powerhouse Global Eagle is officially in the content subscription game. The company launched Iris, a cost-effective inflight entertainment (IFE) subscription service for airlines, seeking to change the way content is sourced and managed for on-board consumption.
Uganda Airlines shows off cabin, content plans for A330neo fleet
With delivery of its new A330-800neo aircraft imminent, Uganda Airlines is ready for travelers to learn what the in-flight passenger experience will be like as it launches intercontinental services. The Airspace design elements from Airbus are evident throughout the cabin, as expected for a new delivery. The A zone on board features Stelia‘s Opal business […]
Global Eagle refocuses on long-term outlook
There is an air of optimism, of relief emanating from the C-Suite at Global Eagle this week. And, to be sure, a realization that massive amounts of work remain for the company to truly succeed, but a conversation with CEO Josh Marks and President Per Noren suggests massive optimism now that the company’s interest payment burdens halve thanks to an agreement to convert debt to equity through the Chapter 11 bankruptcy filing made on Wednesday.
Global Eagle secures $80 million DIP financing in Chapter 11 bankruptcy filing
Global Eagle will restructure and recapitalize under Chapter 11 of the US Bankruptcy code. Substantially all of the company’s assets are to be acquired for $675 million, reducing total debt by approximately $475 million. The deal also includes $80 million in fresh debtor-in-possession financing to ride out the current downturn.