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TL;DR

Anuvu plans to sell 100% of the company to Platinum Equity.

Management says the deal should zero out legacy debt and fund more network and content investment while it reshuffles the business into separate IFC and Media subsidiaries and shifts certain FCC licenses.

The new owner has a long telecom playbook and a history with carriers like Matrix Telecom and Covad.

Global Eagle’s lender group that took control in 2021 looks set to exit. Southwest’s reaction is not public as of 2025, August 18.

From Eagle to Anuvu to Platinum

How Many Shell Games Can One Airline Vendor Play?

Anuvu, the artist formerly known as Global Eagle, is flipping ownership again. This time, it’s heading into the loving arms of Platinum Equity, the same folks who once wrangled companies like DSLnet and Matrix Telecom into line. The press release paints a dreamy future of debt-free balance sheets, explosive infrastructure growth, and customers so happy they won’t even notice their provider just got privatized harder than a Cold War satellite.

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