Global Eagle Entertainment, the inflight entertainment company created last November by Hollywood veterans Harry Sloane and Jeff Sagansky, has added Post Modern Group to the company portfolio. The $24M deal expands Global Eagle’s relationships with international airlines and provides entry into the cruise line and other non-theatrical markets. Post Modern Group provides digital media production, post-production and digital content delivery services for use in inflight entertainment systems. Its clients include Hollywood studios and distributors, ad agencies, major corporations, government entities, airlines and cruise lines. It is expected to generate over $35M in revenues in 2013 and more than $4.5M in full year pre-tax earnings.
By THE DEADLINE TEAM | Wednesday July 10, 2013 @ 5:00am PDTTags: Big Deals Film, Harry E. Sloan, Jeff Sagansky
For all of Deadline's headlines, follow us @Deadline on Twitter.
This article was printed from http://www.deadline.com/2013/07/inflight-entertainment-specialist-global-eagle-acquires-post-modern-group-for-24m/