• Surridge Dawson plc takes equity stake in Phantom Media

Phantom media has confirmed that on the 17th January 2006 it has completed it negotiations with Surridge Dawson plc and that a significant shareholding has been acquired by the FTSE listed company. It is understood that the original stakeholders still hold significant equity themselves and that Phantom will now embark on its own acquisition trail within the Ife industry and the media in general. Rick Stuart, M.D. at Phantom commented ``the IFE marketplace is about to enter an interesting period of inevitable consolidation, critical to its sustained future and the lines will be blurred between the traditional roles of content service provision and IFE hardware manufacturing - especially since the arrival of cost effective portable digital devices and indeed Phantom`s own Bluebox system``

http://www.phantommedia.net/PMWS-html-v3/news.htm