San Francisco – Reach Media
Group (RMG), an owner and operator of out-of-home TV and video networks, said
on Monday it has acquired Denver-based Executive Media Network Worldwide (EMN),
a provider of video services in airport executive lounges.
Financial terms of
the deal were not disclosed.
"Advertisers have demonstrated a desire to
intercept affluent, senior executives in captive viewing environments,"
said Garry McGuire, the CEO of RMG Networks.
"Combining EMN’s dominant position
in airport digital media with RMG’s leadership position in in-flight captive
seat-back television is a powerful integrated media solution for
advertisers."
RMG’s properties include In-Flight Entertainment, Fitness
Entertainment, Point-of-Care, mtvU, NYTimes.com Today, Taxi Magic, and Caesars
Entertainment.
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