Eros STX

Eros STX Global Corp. (formerly Eros International plc) is a multinational media company. It is a merger of the Indian film and entertainment studio Eros International, and the American mini-major film studio STX Entertainment. The company is domiciled in the Isle of Man, and its main offices are located in Burbank, California and Mumbai, India.

Eros STX Global Corp.
Public limited company
Traded asNYSE: EROS (Class A)
Russell 2000 Component
IndustryMedia and entertainment
Area served
Worldwide
Key people
  • Robert Simonds (Executive chairman and CEO)
  • Kishore Lulla (Executive chairman)
  • Rishika Lulla Singh (co-president)
  • Noah Fogelson (co-president)
  • Andrew Warren (chief financial officer)
ServicesMotion picture production and distribution
Revenue US$ 261 million [1] (FY 2018)
US$ 63.9 million[1] (FY 2018)
US$ 126.5 million[1] (FY 2018)
Total assets US$ 1.41 billion[2] (FY 2018)
Total equity US$ 865.6 million[2] (FY 2018)
Number of employees
423 [3][4]
Divisionssee Divisions
SubsidiariesSee Subsidiaries
Websiteerosplc.com

The company is led by co-chairmen Kishore Lulla — the son of Eros founder Arjan Lulla, and Robert Simonds — STX chairman and CEO.[5][6][7]

Divisions and subsidiaries
Division name Country Founded
Eros International Media Limited India 1977
Eros Digital India
Eros Australia Pty Ltd Australia
Eros International Pte. Ltd. Singapore
Eros International USA Inc. United States
Eros Music Publishing Limited United Kingdom (England and Wales)
Eros Network Limited United Kingdom (England and Wales) 2000
Eros Pacific Limited[8] Fiji
Eros World Wide FZ-LLC United Arab Emirates (Dubai) 2006[9]

[10]

Acquisitions and subsidiaries
Name Country Founded or acquired
B4U Network New York 1999
Acacia Investments Holdings Limited Isle of Man

[10]

Eros International Media
Main article: Eros International

Eros's biggest subsidiary Eros International Media Ltd is one of the oldest companies in the Indian film industry to focus on international markets, and has aggregated rights to over 3,000 films in its library, including recent and classic titles that span different genres, budgets and languages. Eros' portfolio of films over the last three completed fiscal years comprised 197 films. In fiscal 2016, the company released 63 films in total either in India, overseas or both. These comprised 33 Hindi films, 19 Tamil films and 11 regional-language films. For fiscal 2016, the company generated aggregate revenues of $274.4 million derived from theatrical, television syndication and digital and ancillary distribution channels, globally.[11]

Eros Now

Eros Now, the company's digital over-the-top (OTT) platform, has rights to over 5,000 films in Hindi and regional languages, and is focused on Indian films, music and original shows, with offline viewing and subtitles. Eros Now has adopted a platform agnostic distribution strategy on Android and iOS platforms across mobile, tablets, cable or internet, including deals with original-equipment manufacturers (OEMs).[12][13]

Recognisations

References
  1. "Eros International Plc Reports Strong Revenue and Profit Growth in FY 2018".
  2. "Eros International PLC A Ordinary Shares (EROS) Financials". www.nasdaq.com.
  3. "How strong is Eros International Number of Employees?". Macroaxis.
  4. "Are you a robot?". Bloomberg. Retrieved 2020-05-02.
  5. Hayes, Dade (2020-07-30). "Eros And STX Close Merger, Plan New York Stock Exchange Debut In September, Eye $1B In Revenue By 2022". Deadline. Retrieved 2020-07-30.
  6. Hayes, Dade (2020-04-17). "STX Merges With India's Eros International, Forming New Public Media Company". Deadline. Retrieved 2020-04-18.
  7. Hayes, Dade (2020-07-30). "Eros And STX Close Merger, Plan New York Stock Exchange Debut In September, Eye $1B In Revenue By 2022". Deadline. Retrieved 2020-07-30.
  8. "Eros (Pacific) Ltd". Yellow Pages Fiji.
  9. "Bloomberg - Are you a robot?". www.bloomberg.com.
  10. "Subsidiaries of Eros International Plc". www.sec.gov.
  11. "Eros Homepage - Eros International". Eros International.
  12. "EROS NOW - Eros International". erosplc.com.
  13. "Watch in HD and download movies, TV shows, originals, music & latest celebrity gossip on erosnow.com". Eros Now.
  14. "Eros International Plc". London Stock Exchange. 18 September 2013. Retrieved 28 April 2015.
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