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Tag: Jyoti Deshpande

  • Eros International acquires international rights of Excel’s upcoming movies

    Eros International acquires international rights of Excel’s upcoming movies

    MUMBAI: Eros International Media (Eros International), one of the leading global film company in the Indian film entertainment industry has acquired the international rights of Excel Entertainment’s eagerly awaited films – Zoya Akhtar’s Dil Dhadakne Do and film critic turned director Karan Anshuman’s Bangistan.

     

    Dil Dhadakne Do, in Zoya’s trademark style boasts of an ensemble cast including Anil Kapoor, Ranveer Singh, Farhan Akhtar, Priyanka Chopra, Anushka Sharma and Shefali Shah. Shot mostly in foreign locales on a cruise ship, the film is a drama centered around a dysfunctional Punjabi family.

     

    Anshuman’s Bangistan, a hilarious parody stars Riteish Deshmukh and Pulkit Samrat as two rival, blundering terrorists with Jacqueline Fernandez making a special appearance.

     

    Eros International CEO Jyoti Deshpande stated: “After a successful association for Zindagi Na Milegi Dobara, we are happy to once again partner with Excel who are known to make films that entertain as well as consistently offer a fresh take on cinema. Dil Dhadakne Do and Bangistan are looking extremely promising and we are looking forward to showcase these films internationally through our digital and distribution network.”

     

    Excel Entertainment producer Ritesh Sidhwani added: “We are happy to collaborate with Eros for these two exciting projects and present them on a worldwide platform through their outstanding distribution network.”

     

    Eros will release Bangistan on 17 April 2015 and Dil Dhadakne Do on 5 June 2015 in the international markets.

  • Eros International to acquire controlling stake in Techzone

    Eros International to acquire controlling stake in Techzone

    MUMBAI:  Eros International Media (Eros) has announced that it has signed a term sheet to acquire a controlling stake in Universal Power Systems, trading by the name Techzone, a mobile value added services (MVAS) provider for telecom operators based in India for an undisclosed sum. 

     

    Established in 1999 by Naveen Bhandari, Techzone is an aggregator, developer and distributor of entertainment content via mobile platforms in India.  Techzone is particularly focused on the Bollywood films and music markets and has significant region-specific content in Tamil and Telugu.  The company has relationships and billing integration with major telecom networks in India to distribute its content and also has its own ‘Mobile Shortcode’ 56060. Techzone makes its content available to end-users via various methods such as caller ring-back tones (CRBT), mobile radio, short message service (SMS), wireless application protocol (WAP) and interactive voice response (IVR). 

     

    Techzone has done an average of 25 million SMS, WAP or IVR transactions per month over the past three years across 12 major telecom operators in India for which it bills the customers directly through its billing platform. This excludes CRBT transactions which are also marketed and distributed by Techzone but billed by the telecom operators directly. In a given month, a single customer may engage in multiple transactions.

     

    “Techzone will be a strong addition to our ErosNow strategy where content meets technology and distribution,” said Eros CEO Jyoti Deshpande.  “With Techzone’s billing integration and distribution in place across major telecom operators and average transaction traffic of over 25 million monthly over the past three years, we expect this deal to complement our existing ErosNow service. With 870 million mobile subscribers (including over 60 million internet enabled smart phones) in India as of year-end 2013, this is an exciting space for us.”

     

    Techzone CEO & managing director Naveen Bhandari said, “This is indeed a proud moment for Techzone to align with a market leader such as Eros. The consumption of content through mobile platforms is on the increase and the timing of this alliance could not have been better.”

     

    The transaction is subject to customary closing conditions and execution of definitive agreements. 

     

  • Eros gets back Jyoti Deshpande as Group CEO & MD

    Eros gets back Jyoti Deshpande as Group CEO & MD

    MUMBAI: Eros Group has reappointed Jyoti Deshpande as its chief executive officer and managing director.

    Deshpande had gone a sabbatical from 1 January 2011.

    Kishore Lulla, currently chairman and CEO of Eros International plc, will revert to his previous role of executive chairman.

    Lulla said, “The Board of Eros welcomes Jyoti back with open arms. She has been an instrumental part of our growth story and is ideally placed to take the company to new heights.”

    Deshpande will also be appointed as executive director of Eros International Media.

    “Eros has played a significant part in my life for well over a decade and I am delighted to recommence my tenure as Group CEO & MD. I am looking forward to picking up where I left off and excited about continuing a successful journey with Eros,” Deshpande said.