ITV

Tag: Eros International

  • Eros International signs mobile content license deal with Mauj Telecom

    Eros International signs mobile content license deal with Mauj Telecom

    MUMBAI: Eros International has announced that it has signed a license deal involving minimum guarantee revenues with telecom solutions company Mauj Telecom for distribution of mobile content.

    In the past the two companies have collaborated on films including “Omkara” and “I See You”. The deal includes films such as “Namaste London”, “Eklavya – The Royal Guard”, “No Smoking” and “Friends Forever.”.

    “With mobile and wireless connectivity in India growing at an impressive 80 per cent CAGR, the opportunity to monetise Bollywood content through mobile properties such as ringtones, wallpapers, songs and video clips is becoming increasingly lucrative,” Eros said in a statement.

    Eros’ content will be distributed on Mauj’s international telecom network. “The Mauj deal is a significant landmark in Eros’ commitment to tap into the new media opportunities presented by digital convergence. The deal enhances Eros’s recent expansion into music publishing as most mobile content is derived from Bollywood musicals. Mauj has created a niche in the mobile space within a short span of time and we are pleased to be working with them to unlock further value in our mobile content,” said Eros International chairman and CEO Kishore Lulla.

    Added Mauj chairman and managing director Anupam Mittal, “Eros International is one of the largest content owners in the Bollywood business and has a very strong pipeline of forthcoming films. We were keen to secure the deal to distribute that premium content on mobile platforms in an increasingly competitive environment. Eros’ content combined with Mauj’s technical infrastructure and relationships with mobile networks operators make this an attractive deal for both companies.”

  • Eros, Intel team up to bring Bollywood movies from PC to TVs

    Eros, Intel team up to bring Bollywood movies from PC to TVs

    MUMBAI: Eros International and Intel Corporation have announced the debut of Eros’s latest Bollywood service on Intel Viiv technology-based PCs.

    Accelerating the on-demand, broadband-delivered Bollywood content to PCs connected to TVs, the companies announced plans for the pre-DVD online premiere of the Arjun Rampal starrer I See You, within weeks of its global theatrical release. The film released on 29 December 2006.

    At the Consumer Electronics Show (CES), Eros and Intel demonstrated the new service, which delivers access to Bollywood entertainment, including high-definition movies, music videos, day and date premieres, evergreen blockbusters and timeless classics, from the web to Intel Viiv technology-based PCs for viewing and enjoyment on large screen TVs. The Eros service will offer rental, subscription, download to own at launch and even download to burn models in the future, informs an official release.

    “Our effort with Intel will give us the opportunity to serve an even broader audience worldwide, enter new markets and gain new revenue streams, while exploring and embracing a variety of exciting new digital distribution technologies, such as Intel Viiv technology. We are a content company that believes in empowering consumers so they can watch what they want, when they want, how they want,” said Eros chairman and CEO Kishore Lulla.

    “Through Intel Viiv technology and our collaboration with Eros, we’re bringing the world directly into consumers’ living rooms at the touch of a button. Intel’s goal is to accelerate the availability of broadband-delivered entertainment into every home. And, with Intel Viiv technology, we’re helping to change the economics of distribution and allow more people around the world to enjoy exciting content, irrespective of their physical location,” said Intel’s Digital Home Group vice president and content services group GM Kevin Corbett.

  • Eros International in 2-year output deal with K Sera Sera

    Eros International in 2-year output deal with K Sera Sera

    MUMBAI: London-headquartered media and entertainment group Eros International that owns and distributes Bollywood content globally has announced a long-term output deal with the Mumbai-based production house K Sera Sera to co-produce and exclusively handle global distribution of its forthcoming films.

    Indiantelevision.com was the first to report that K Sera Sera and Eros were in negotiations for an output deal.

    “We have signed an MoU for a broadbased two-year output deal. We are working out the details,” says K Sera Sera managing director Parag Sanghvi. The deal is “for assignment of some of its rights for some of its forthcoming film projects.” Definitive agreement for assignment of the rights shall be entered between the parties at a later date.

    The deal gives Eros access to K Sera Sera’s entire output over a long term period, which is guaranteed to be at least 10 films. Projects in the pipeline include Nanhe starring Bobby Deol, Dombivili Fast directed by Abbas Mastan, and three Salman Khan films, including Partner directed by David Dhawan, informs an official release.

    With this deal, Eros expects to increase its presence in India through co-productions and the acquisition of distribution rights to include music publishing and more significantly, Indian cinema distribution, which accounts for over 50 per cent of the revenues of the Indian film industry.

    Says Eros chairman & CEO Kishore Lulla, “This deal demonstrates our content consolidation strategy as outlined at the time of our flotation. We are confident that collaborating with a successful production house like K Sera Sera will help accelerate our growth from co-productions and ensure a steady flow of content through our pipeline.”

    Adds Sanghvi, “We are delighted to be associated with Eros who have been pioneers in the Bollywood distribution and entertainment space for over three decades. This output deal allows us to focus on our core competency of film production.”

    Eros’s latest Bollywood venture has been Omkara, a Bollywood adaptation of Shakespeare’s Othello. As per the official release, the movie grossed box office revenues of $6.7 million in its first week of worldwide release in August 2006.

  • Eros International listed on London’s Alternate Investment Market

    Eros International listed on London’s Alternate Investment Market

    MUMBAI: Eros International plc, the international media and entertainment group that owns and distributes Bollywood content globally in a variety of formats, began trading on the AIM market of the London Stock Exchange, under the ticker ‘EROS’. The company was listed on 4 July.

    The flotation follows a placing of the company’s shares which raised over £22.5 million ($41 million). The company will be capitalised at approximately £176.0 million ($321 million), at the placing price of at £1.76 per ordinary share, states an official release.

    The company also said it would use the funds raised to expand its business and exploit content over new media such as online cable, wireless and mobile.

    Eros International chairman and CEO Kishore Lulla says, “This is an exciting day for everyone at Eros and a new chapter in the growth of our business. We are proud to bring Eros to the market as a publicly traded company.”

    Eros International also promotes the B4U television channel network. Founded in India in 1977, the company has a film library containing more than 1,300 titles and more than 110 employees in India, Britain, the United States, United Arab Emirates, Australia and Fiji, as per the release.