About Us

CORPORATE PROFILE

Eros International PLC (NYSE:EROS) a Global Indian Entertainment company that acquires, co-produces and distributes Indian films across all available formats such as cinema, television and digital new media. Eros International Plc was the first Indian media company to list on the New York Stock Exchange. Eros International has experience of over three decades in establishing a global platform for Indian cinema. The Company has an extensive and growing movie library comprised of over 3,000 films, which include Hindi, Tamil, and other regional language films. The Company also owns the rapidly growing OTT platform Eros Now which has rights to over 12,000 films across Hindi and regional languages. 

 

ErosSTXinternational, a division of Eros STX Global Corporation, is a full-service international film distribution and financing company with direct distribution of both Hollywood and Bollywood content in India, UK, Ireland and the Middle East. Headquartered in London, the company has formalized an unrivalled network of key output deals with the major market leaders in 25 territories with a reach covering over 150 countries around the world. Embracing the unique opportunities in the international marketplace, the company recently closed an innovative and dynamic distribution output partnership with Amazon in the UK, France and Italy. 

 

STXinternational’s successes include distributing both STXfilms’ productions and third party acquisitions, working with filmmakers including Michael Mann and Ridley Scott and producing partners including Imperative/30West, Thunder Road and G-BASE. In addition, STXinternational recently entered into an exclusive, multi-year international distribution output deal with leading independent production powerhouse, Black Bear Pictures. The STXinternational film slate includes global box office hit Hustlers, the Bad Moms franchise, the upcoming Greenland starring Gerard Butler and Prisoner 760 starring Jodie Foster, Tahar Rahim and Benedict Cumberbatch. STXinternational also recently acquired Ferrari, directed by Michael Mann and starring Hugh Jackman, and Spencer, directed by Pablo Larrain and starring Kristen Stewart. 

 

ErosSTX is a public company that was formed in 2020 after the merger of two international media and entertainment companies, Eros International and STX Entertainment. Officially merging the premiere Indian film studio and their OTT platforms with one of Hollywood’s fastest-growing independent media companies has created an entertainment powerhouse. ErosSTX delivers star-driven premium feature film and episodic content across a multitude of platforms at the intersection of the world’s most lucrative and fastest growing global markets. Led by experienced industry veterans, Kishore Lulla as Executive Co-Chairman, Robert Simonds as Co-Chairman & Chief Executive Officer, Rishika Lulla Singh and Noah Fogelson as Co-Presidents- ErosSTX and its content are positioned at the forefront of every major global market. Through its television, streaming, digital content, film production and distribution, ErosSTX brings billions of people together, through the power of storytelling

Theatrical Distribution

The theatrical channel largely includes revenues from multiplex chains, single screen theaters, distributors and content aggregators in case of dubbed and/or subtitled versions. We are a leading player in a growing and under-penetrated cinema market with two and seven out of top 15 box office hits in calendar year 2016 and 2015 respectively. Depending on the film, the distribution rights we acquire may be global, international or India only.  

India’s theatrical market comprises of both multiplex and single screen theatres, which are 100% digitally equipped. Our distribution capabilities enable us to target a majority of the 1.3 billion people in India. Recently, as demand for regional films and other media has increased in India, our brand recognition in Hindi films has helped us to grow our non-Hindi film business by targeting regional audiences in India and overseas. With our distribution network for Hindi and Tamil films, we believe we are well positioned to expand our offering of non-Hindi content. 

Indian films have a global appeal and their popularity has been increasing in many countries that consume dubbed and subtitled foreign content in local languages. These markets include the USA, Germany, China, Poland, Russia, France, Italy, Spain, Indonesia, Malaysia, Japan, South Korea, China, the Middle East and Latin America among others. Based on gross collections reported by comScore, our market share (as an average over the preceding seven calendar years to 2017) is 27% of all theatrically released Indian language films in the United Kingdom and the U.S. 

Television Distribution

Eros serves one of the largest and fastest growing television markets in the world by licensing high quality Indian film content to television broadcasters. We believe that the expanding television audience in India creates new opportunities for us to license our film content, and expands the audience recognition of the Eros brand name and film products. We license Indian film content (usually a combination of new releases and existing films in our library), to satellite television broadcasters operating in India and around the world. We have, directly or indirectly, licensed content for major Indian television channels such as Colors, Sony, the Star Network and Zee TV. Our television distribution business serves to de-risk our theatrical revenues while enhancing revenue predictability through pre-sales of TV syndication rights which includes satellite television broadcasting, cable television and terrestrial television. We license Indian film content usually through a combination of new releases and existing films in our library over a stated period of time in exchange for a license fee.  

EROS NOW

Eros Now is a leading on-demand South Asian entertainment network accessible anytime, anywhere, on most Internet-connected screen including mobile, web, and TV. With over 12,000 digital titles, Eros Now offers its 196.8 million registered users and 29.3 million paying subscribers worldwide the promise of endless entertainment hosting one of the largest libraries of movies, as well as premium television shows, music videos and audio tracks, unmatched in quantity and quality. Eros Now also has a deep library of short-form content, totalling over 4,400 short-form videos including music videos, trailers, original short exclusive interviews and marketing shorts. To date Eros Now has successfully premiered over 180 films in nine different languages including Hindi, English, Tamil (Mo), Bengali (Monchora), Marathi (Guru), Gujarati, Malayalam (White), Telugu and Punjabi. Product features, such as video in HD, multi-language subtitles, movie downloads, and high quality original drama series differentiate the Eros Now entertainment offering.  

Eros Now currently offer subscribers the ability to consume content via our vast distribution network ranging from TVs, digital video players, television set-top boxes, connected devices and across both feature and smart phones. Eros Now have agreements in place with many telecommunications operators, original equipment manufacturers (“OEMs”), global online SVOD services as well as cable and satellite providers to distribute the Eros Now service. 

To see, watch now: www.erosnow.com

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Paying Subscribers

*Note: Paying subscribers means any subscriber who has made a valid payment to subscribe to a service that includes the Eros Now service either as part of a bundle or on a standalone basis, either directly or indirectly through a telecom operator or OEM in any given month be it through a daily, weekly or monthly billing pack, as long as the validity of the pack is for at least one month.

MUSIC 

The Music ecosystem in India has been growing exponentially over the past few years, driven by increased broadband penetration and mobile smartphone adoption, as well as evolving consumer tastes. In India there are currently over 100 million digital audio streaming users, a number which is growing rapidly. Music is integral to our films and our premium content offering to consumers. When we obtain global, all-media rights in our acquired or co-produced films, music rights typically are included. Film music rights are often marketed and monetized separate from the underlying film, both before and after the release of the related films. Our deep library of music tracks and videos encourages engagement and promotes stickiness on our Eros Now platform, a key advantage we have over our competitors. The engagement is fuelled also by the social aspects of music – listening, sharing, creating playlists, etc – are all part of our Eros Now ecosystem. Our music content also represents significant value in the form of intellectual property rights, the value of which is set to grow over time.

 

In addition, we act as a music publisher for third party owned music rights within India. Through our internal resources and network of licensees, we are able to provide our consumers with music content directly, through third party platforms or through licensing deals. The content is primarily taken from our film content and the revenues are derived from mobile rights, MP3 tracks, sold via third party platforms such as iTunes and mobile operator platforms as well as streaming services such as Spotify, Saavn and YouTube digital streaming, physical CDs and publishing / master rights licensing. We also exploit the music publishing and master rights we own, which involves directly licensing songs to radio and television channels in India, synchronizing of music content to film, television and advertisers globally, as well as receiving royalties from public performance of these songs when they are played at public events. Ancillary revenues from public performances in India are collected and paid over to us through Novex, which monitors, collects and distributes royalties to its members.

KEY COMPETITIVE STRENGTHS

The global leader in Indian film entertainment with leading box office market share

Largest content library of Indian language films with over 3,000 rights and music

Highly attractive market opportunity driven by secular tailwinds

Eros Now strategically positioned to capture large digital opportunity in India

Culture of innovation and partnerships with leading international talent

Experienced management team with track record of execution