Global Eagle Entertainment will control about 70 percent...
Global Eagle Entertainment will control about 70 percent of TV, movie and game content provided as in-flight entertainment to subscribing airlines globally after buying Travel Entertainment Group Equity from GCP Capital Partners for about $36 million in cash, Global Eagle…
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said Monday. Travel Entertainment is the parent of IFE Services, a major provider of in-flight entertainment to airlines. Global Eagle will fold IFE’s existing business into its business operations, it said. IFE has an especially “strong customer presence among quickly-growing” airlines in developing markets in Africa, Asia and South America, said Global Eagle.