Global Eagle Entertainment Inc. announced that it has received $50 million in funding from Sound Point Capital Management, LP, Apollo Capital Management, L.P., Arbour Lane Capital Management LLC and other investors

EEG Glider Inc formerly Global Eagle Entertainment Inc. is a provider of media, content, connectivity and data analytics to markets across air, sea and land. The Company's segments include connectivity segment which provides satellite-based passenger connectivity for single-aisle airliners, cruise ships, and other maritime, enterprise and government markets. It also provides streaming and broadcast live television, on-demand content, texting services, games, e-commerce, travel-related information and backhaul solutions. Its media and content segment buys, produces, manages and distributes wholly-owned and licensed media content, video and music programming, advertising, applications and video games, and provides post-production services for and to customers in the airline, maritime and other away-from-home non-theatrical markets. The Company's products and services include airconnect, airconnect IFE pro, digital media, airtime app, airtime content-to-go, software and gaming.