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, Caesars Entertainment and Executive Media Networks.
http://www.rmgnetworks.com
http://emnworldwide.com/
http://www.businesswire.com/news/home/20110411006782/en/Reach-Media-Group-Announces-Acquisition-EMN-Worldwide
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