Adding 46 titles in 2021, including 13
original series and 33 film premieres across 8 languages
Eros Now, South Asia's leading streaming entertainment service
owned by Eros STX Global Corporation (NYSE: ESGC), a global
entertainment company, today announced the Indian OTT industry's
biggest content slate for 2021, with 46 new titles including 33
film premieres and 13 original series (table attached). The
strategic announcement, with Bollywood stars Ayushmann Khurrana and
Kartik Aaryan, will deepen Eros Now’s engagement with its existing
global audience and cater to the growing consumer demand for fresh
and entertaining online video content.
The comprehensive and diverse content slate, promoted through
the campaign - #KahaaniHarRangKi, is based on insights derived from
Eros Now’s proprietary user data, and is customized to satisfy the
demand of Eros Now’s target audience in the Indian and global
diaspora. The promo featuring Ayushmann Khurrana and Kartik Aaryan
showcases Eros Now’s commitment to present differentiated yet
entertaining content for audiences across markets in India and
worldwide.
This expansive content slate widens Eros Now's reach by offering
a range of program formats in varied languages such as Malayalam,
Gujarati, Marathi, and Hindi amongst others. These 33 film
premieres and 13 original series will appeal to a diverse audience
that is interested in exploring the best of online video streaming.
In addition, Eros Now will debut 30 new Quickies and 10 new short
films.
Eros Now, India’s leading premium OTT platform, increased its
paid subscriber base by 6.9 million in the six-month period ended
September 30, 2020, to a total of 36.2 million. The addition of
this compelling new content slate will drive deeper user engagement
and reinforce Eros Now’s growth.
Commenting on the development, Ridhima Lulla, Chief Content
Officer, Eros Group, said, "We are committed to investing in
quality programming that will appeal to the Indian and global
diaspora, and this huge content slate adds to Eros Now’s massive
entertainment catalogue. India is witnessing significant demand
growth driven by the digital shift and the consumer’s desire to
watch programming in different formats and in their preferred
language. This amazing slate will deepen our connection with the
audience and offers entertainment like never before."
The campaign, #KahaaniHarRangKi, will be further promoted
through a 360-degree marketing outreach. Eros Now has created
videos that will be amplified across digital and social media
platforms. Additionally, the OTT platform has recruited several
influencers to strengthen the campaign by reaching out to a vast
audience and spreading the joy of entertainment to Indian as well
as global audiences that enjoy diverse South Asian content.
Title
Format
754
Original Series
6ne Maili
Premiere Movie
7 Kadam
Original Series
Abyakto
Premiere Movie
Aisa Waisa Pyaar
Original Series
Anwar Ka Ajab Kissa
Original Movie
Baap Re Baap
Premiere Movie
Bawri Chhori
Original Movie
Bhau Na Vichar
Premiere Movie
Bhumi
Original Series
Biddhrohini
Premiere Movie
BOROF
Premiere Movie
Boxer
Premiere Movie
Bristi Tomake Dilam
Premiere Movie
Dotara
Premiere Movie
Flipkart
Original Series
Ganagandharvan
Premiere Movie
Gotya
Premiere Movie
Gun wali Geetu
Original Series
Jamun
Original Movie
Kattu Kathe
Premiere Movie
Kesari (Saffron)
Premiere Movie
Khatre Da Ghuggu
Premiere Movie
Kuasha Jakhon
Premiere Movie
Metro Park 2
Original Series
Modi - CM to PM
Original Series
Once More
Premiere Movie
OM
Premiere Movie
Oru Yamadan Premakadha
Premiere Movie
Peddlers
Premiere Movie
Pension
Original Film
Roam Roam mein
Premiere Movie
Sab Kushal Mangal
Premiere Movie
Salt City
Original Series
Sex Education
Premiere Movie
Shaheed Bhai Kotwal
Premiere Movie
Short Circuit
Premiere Movie
Smoke 2
Original Series
Suryansh
Premiere Movie
Switchh
Original Movie
Thanneer Mathan Dinangal
Premiere Movie
The Last Rave
Original Movie
The Swap
Original Series
Tu Chhe Ne!
Premiere Movie
Udan Patolas
Original Series
Vicky Detective
Original Series
About Eros STX Global Corporation:
Eros STX Global Corporation, (“ErosSTX”) (NYSE: ESGC) is a
global entertainment company that acquires, co-produces and
distributes films, digital content & music across multiple
formats such as theatrical, television and OTT digital media
streaming to consumers around the world. Eros International Plc
changed its name to Eros STX Global Corporation pursuant to the
July 2020 merger with STX Entertainment, merging two international
media and entertainment groups. The combination of one of the
largest Indian OTT players and premier studio with one of
Hollywood’s fastest-growing independent media companies has created
an entertainment powerhouse with a presence in over 150 countries.
ErosSTX delivers star-driven premium feature film and episodic
content across a multitude of platforms at the intersection of the
world's most dynamic and fastest-growing global markets, including
US, India, Middle East, Asia and China. The company also owns the
rapidly growing OTT platform Eros Now which has rights to over
12,000 films across Hindi and regional languages and had 211.5
million registered users and 36.2 million paying subscribers as of
September 30, 2020. For further information, please visit
ErosSTX.com.
About Eros Now:
Eros Now, a division of Eros STX Global Corporation, is the
world’s leading Indian OTT platform with over 211.5 million
registered users and 36.2 million paying subscribers. It offers
endless entertainment hosting one of the largest movie libraries
(over 12,000 digital titles), as well as premium television shows,
music and music videos, unmatched in quantity and quality. Eros Now
also has a deep library of short-form content, totalling over 4,400
short-form videos including 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, Bengali, Marathi, Gujarati, Malayalam,
Telugu, and Punjabi. To see, watch now: www.erosnow.com.
SPECIAL NOTE REGARDING FORWARD LOOKING STATEMENTS:
Information provided in this communication includes
“forward-looking statements” within the meaning of Section 27A of
the Securities Act of 1933, as amended, or the Securities Act, and
Section 21E of the Securities Exchange Act of 1934, as amended, and
such statements are subject to the safe harbors created thereby.
Generally, these forward-looking statements can be identified by
the use of forward-looking terminology such as “approximately,”
“anticipate,” “believe,” “estimate,” “continue,” “could,” “expect,”
“future,” “intend,” “may,” “plan,” “potential,” “predict,”
“project,” “seek,” “should,” “will” and similar expressions. Those
statements include, among other things, the discussions of the
combined company’s business strategy and expectations concerning
its and the combined company’s market position, future operations,
margins, profitability, liquidity and capital resources, tax
assessment orders and future capital expenditures. All such
forward-looking statements are subject to risks and uncertainties
that may cause actual results to differ materially from those that
we are expecting, including, without limitation: our ability to
successfully and cost-effectively source film content; the combined
company’s ability to achieve the desired growth rate of Eros Now,
its digital over-the-top (“OTT”) entertainment service; our ability
to maintain or raise sufficient capital; delays, cost overruns,
cancellation or abandonment of the completion or release of the
combined company’s films; our ability to predict the popularity of
its films, or changing consumer tastes; our ability to maintain
existing rights, and to acquire new rights, to film content; our
ability to successfully defend any future class action lawsuits it
is a party to in the U.S.; anonymous letters to regulators or
business associates or anonymous allegations on social media
regarding the combined company’s business practices, accounting
practices and/or officers and directors; the combined company’s
dependence on the Indian box office success of its Hindi and high
budget Tamil and Telugu films; our ability to recoup the full
amount of box office revenues to which it is entitled due to
underreporting of box office receipts by theater operators; our
dependence on our relationships with theater operators and other
industry participants to exploit the combined company’s film
content; our ability to mitigate risks relating to distribution and
collection in international markets; fluctuation in the value of
the Indian rupee against foreign currencies; our ability to compete
in the Indian film industry; our ability to compete with other
forms of entertainment; our ability to combat piracy and to protect
its intellectual property; our ability to maintain an effective
system of internal control over financial reporting; contingent
liabilities that may materialize, our exposure to liabilities on
account of unfavorable judgments/decisions in relation to legal
proceedings involving the combined company or its subsidiaries and
certain of its directors and officers; our ability to successfully
respond to technological changes; regulatory changes in the Indian
film industry and our ability to respond to them; our ability to
satisfy debt obligations, fund working capital and pay dividends;
the monetary and fiscal policies of India and other countries
around the world, inflation, deflation, unanticipated turbulence in
interest rates, foreign exchange rates, equity prices or other
rates or prices; our ability to address the risks associated with
acquisition opportunities; risks that the ongoing novel coronavirus
pandemic and its spread, and related public health measures in
India and elsewhere, may have material adverse effects on our
business, financial position, results of operations and/or cash
flows; challenges, disruptions and costs of the Merger and related
transactions, integrating the Eros and STX businesses and achieving
anticipated synergies, and the risk that such synergies will take
longer to realize than expected or may not be realized in whole or
in part; the amount of any costs, fees, expenses, impairments and
charges related to the Merger and related transactions; uncertainty
as to the effects of the consummation of the Merger and related
transactions on the market price of our A Ordinary Shares and/or
the combined company’s financial performance; and uncertainty as to
the long-term value of the combined company’s ordinary shares.
The forward-looking statements contained in this communication
are based on historical performance and management’s current plans,
estimates and expectations in light of information currently
available and are subject to uncertainty and changes in
circumstances. There can be no assurance that future developments
affecting the Company will be those that it has anticipated. Actual
results may differ materially from these expectations due to
changes in global, regional or local political, economic, business,
competitive, market, regulatory and other factors, many of which
are beyond the Company’s control. Should one or more of these risks
or uncertainties materialize or should any of the Company’s
assumptions prove to be incorrect, the Company’s actual results may
vary in material respects from what the Company may have expressed
or implied by these forward-looking statements. The Company
cautions that you should not place undue reliance on any of its
forward-looking statements. Any forward-looking statement made by
the Company in this communication speaks only as of the date on
which the Company makes it. Factors or events that could cause the
Company’s actual results to differ may emerge from time to time,
and it is not possible for the Company to predict all of them. The
Company undertakes no obligation to publicly update any
forward-looking statement, whether as a result of new information,
future developments or otherwise, except as may be required by
applicable securities laws.
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version on businesswire.com: https://www.businesswire.com/news/home/20201211005363/en/
Investor Contact: Drew Borst EVP, Investor Relations
& Business Development Eros STX Global Corporation
drew@erosstx.com
Press Contact: Steve Elzer Elzer & Associates 1 (213)
392-4660 steve@elzerassociates.com
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