Re: {LONGTERMINVESTORS} Eros International Media - thread

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Rajesh Desai

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Feb 12, 2013, 4:12:06 AM2/12/13

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Eros International Media, (Eros International) the leading global company in the Indian film entertainment industry, has entered into strategic alliance with Endemol India, producers of some of the most spectacular television content, to co-produce three feature films as well as original programming for television. The collaboration has earmarked $18.5 million to fund these three productions.

As a part of the three film deal, Eros International and Endemol India will be co-producing an action comedy which will be a remake of a South Indian blockbuster, an original romantic comedy and a comic caper. Targeted at Bollywood enthusiasts across genres, the first film to be made will be a romantic comedy, which will go on floors later this year.

With Eros, recently, announcing their foray into premium television with HBO, television formats and original programming for television is another area that Eros and Endemol will collaborate on and many of Eros owned film Intellectual Property Rights will be considered for adaptation for the television format and vice versa for Endemol owned Intellectual Property Right.

Eros International Media is a part of the Eros Group., which has an extensive film library and is in the business of sourcing Indian and other film content and exploiting it worldwide through its offices in India, UK, USA, UAE, Singapore, Australia, the Isle of Man and Fiji across formats such as theatres, home entertainment, television and digital new media.