Eros International Up 20%; Working With Microsoft on Video Platform

Date : 09/19/2019 @ 1:20PM
Source : Dow Jones News
Stock : Eros International Plc (EROS)
Quote : 2.61  0.16 (6.53%) @ 12:59AM
After Hours
Last Trade
Last $ 2.61 ◊ 0.00 (0.00%)

Eros International Up 20%; Working With Microsoft on Video Platform

Eros (NYSE:EROS)
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By Michael Dabaie

 

Eros International PLC (EROS) shares were up 20%, to $3.05, in premarket trading.

The company, which acquires, co-produces and distributes Indian films, said Eros Now, its South Asian entertainment over-the-top video platform, is in a collaboration with Microsoft Corp. (MSFT) to build an online video platform on Microsoft Azure, targeted at consumers across the globe.

Eros Now will use Microsoft Azure for three areas of technology development: online video platform, interactive voice offerings and a personalized recommendation engine.

 

Write to Michael Dabaie at michael.dabaie@wsj.com

 

(END) Dow Jones Newswires

September 19, 2019 09:05 ET (13:05 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.

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