Eros, a leading integrated studio within the Indian media & entertainment sector, announced today that it has signed a multi-film content licensing deal with Rupert Murdoch owned Star Network. The deal includes already released and forthcoming films such as:
VEER, an epic love story of a warrior, one of the biggest films made for Indian Cinema, starring Salman Khan, Zarin Khan, Mithun Chakraborty and Jackie Shroff, which had a worldwide theatrical release in January 2010.
And
HOUSEFULL, a romantic comedy scheduled for worldwide theatrical release in April 2010. From the successful Producer-Director team of Sajid Nadiadwala and Sajid Khan, Housefull brings together a star-studded cast lead by Akshay Kumar, Arjun Rampal, Ritesh Deshmukh, Deepika Padukone, Lara Dutta and Jiah Khan, supported by Boman Irani.
Sameer Rao, General Manager Star Gold said, "We are pleased to have acquired the exclusive satellite TV rights for films such as VEER and HOUSEFULL. These movies will be enjoyed by audiences of the STAR TV network all over the world. For us, this represents yet another significant deal in our continuing and fruitful business relationship with Eros."
Pranab Kapadia, President - Distribution, Eros, said, "This deal signifies yet another step towards cementing further our strong relationship with major TV Networks like Star. We try to tailor-make packages to suit the audiences on each network so that both sides can maximise the potential from the television broadcast ".
Eros also recently announced a series of major television licensing deals with Zee Network & Star.
About Eros International plc
About Eros
Eros International is an integrated player in the rapidly growing Indian media and entertainment sector, involved in the acquisition and distribution of filmed entertainment content across current and emerging formats including theatres, home entertainment, television and new media.
Eros has over three decades of market experience in creating a global platform for Indian cinema. In 2006, Eros became the first Indian media company to obtain a listing on the AIM Market ("AIM") of the London Stock Exchange. Eros operates worldwide with offices in India, the United Kingdom, USA,
UAE, Singapore, Australia, Fiji and the Isle of Man. Its wholly-owned subsidiary in India, Eros International Media Limited ("EIML") filed a Draft Red Herring Prospectus with the Securities and Exchange Board of India for an Initial Public Offering ("IPO").
For further information please visit: www.erosplc.com
Eros International Media Limited proposes, subject to receipt of requisite approvals, market conditions and other considerations, to make an initial public offer of its equity shares and has filed a Draft Red Herring Prospectus ("DRHP") with the Securities and Exchange Board of India ("SEBI"). The DRHP is available on the SEBI website at www.sebi.gov.in as well as on the websites of the book running lead managers at www.enam.com, www.kmcc.co.in, www.morganstanley.com/indiaofferdocuments/ and www.abnamro.co.in. Investors should note that investment in equity shares involves a high degree of risk and for details relating to the same, see the section titled "Risk Factors" of the DRHP.
This advertisement does not contain or constitute an offer of, or the solicitation of an offer to buy, securities to any person in the European Economic Area including the United Kingdom, Australia, Canada, Japan, South Africa or the United States or in any jurisdiction to whom or in which such offer or solicitation is unlawful, and there will be no public offer of the securities in any of these jurisdictions. The securities referred to herein have not been and will not be registered under the US Securities Act of 1933 (the "Securities Act") and may not be offered or sold in the United States absent registration under the Securities Act or another exemption from, or atransaction not subject to, the registration requirements of the Securities Act.
About Star TV
STAR is a leading media and entertainment company in Asia. STAR broadcasts over 60 television services in ten languages to more than 300 million viewers across 53 Asian countries. STAR channels cover all genres including general entertainment (Star Plus, Xing Kong, Star Chinese Channel, Star One, Star Utsav, Star World, Vijay, antv, Phoenix Chinese), sports (ESPN, Star Sports), movies (Star Chinese Movies, Star Gold, Star Movies), music (Channel [V]), and news and current affairs (Star News, Star Ananda, Star Majha, Phoenix InfoNews Channel). STAR controls over 20,000 hours of Indian and Chinese programming and also owns the world's largest contemporary Chinese film library, with more than 600 titles, featuring superstars including Jackie Chan, Chow Yun Fat and Bruce Lee. In partnership with leading companies in Asia, STAR businesses extend to filmed entertainment, television production, cable systems, direct-to-home services, terrestrial TV broadcasting, wireless and digital services. STAR is a wholly owned subsidiary of News Corporation. www.startv.com
Enquiries:
Eros International:
Jamie Kirkwood
Head of Investor Relations & Special Projects
T: +44 207 258 9906
E: Jamie.kirkwood@erosintl.com
Sterling Communications:
Natasha Mudhar
Managing Director
T:+44 207 801 0077
E: Natasha@sterlingmedia.com
Evolution Securities
Jeremy Ellis / Chris Clarke
T: 020 7071 4300
India
Adfactors PR
Mili Lalwani - mili.lalwani@adfactorspr.com / 09833452362
Neha Goenka: neha.goenka@adfactorspr.com / 022 22813565
Eros International Media Limited
Amita Naidu - amita.naidu@erosintl.com / 09820438754 |
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