RMG Networks, a video entertainment company for flights backed by National CineMedia, has acquired peer Executive Media Network Worldwide (EMN) for an undisclosed amount.
EMN provides place-based videos in airport executive lounges, such as United, Continental, Delta, US Airways and Alaska.
Investment manager Tennenbaum Capital Partners provided acquisition financing. Tennenbaum is also an investor in RMG along with venture capital firm Kleiner Perkins Caufield & Byers and National CineMedia, operator of the largest digital in-cinema network in North America.