Eros International plc

Eros International plc was an Indian, multinational, mass-media conglomerate that mostly worked in the Indian film and entertainment industry. The company co-produced, acquired and distributed Indian-language films through its production-and-distribution subsidiary Eros International, and distributed them worldwide. The group's headquarters were in the Isle of Man and its distribution network existed in over 50 countries.^[6] The group had offices in India, the United Kingdom, the United States, the United Arab Emirates, Australia, and Fiji. Kishore Lulla, the son of the founder Arjan Lulla, was the chairman of Eros International plc.^[7]

Eros International plc

Trade name	EROS
Company type	Public limited company
Industry	Media and Entertainment
Founded	5 January 1977; 48 years ago (1977-01-05)
Founder	Arjan Lulla and Kishore Lulla
Defunct	25 April 2020; 5 years ago (2020-04-25)
Fate	Merged with STX Entertainment
Successor	Eros Media World
Headquarters	First Names House, Victoria Road, Douglas, Isle of Man IM2 4DF, British Isles[1], Isle of Man
Area served	Worldwide
Key people	Kishore Lulla (Executive Chairman and Director) Ridhima Lulla (COO) Prem Parameswaran (Chief Financial Officer) Vijay Ahuja (Executive Director) Mark Carbeck (Chief Corporate Officer) Ali Hussain (CEO-Eros Digital)
Services	Motion picture production and distribution
Revenue	US$ 261 million [2] (FY 2018)
Operating income	US$ 63.9 million[2] (FY 2018)
Net income	US$ 126.5 million[2] (FY 2018)
Total assets	US$ 1.41 billion[3] (FY 2018)
Total equity	US$ 865.6 million[3] (FY 2018)
Owner	Kishore Lulla
Number of employees	423 [4][5]
Divisions	see Divisions
Subsidiaries	See Subsidiaries
Website	erosmediaworld.com

On 16 April 2020, US film studio STX Entertainment announced it would merge with Eros International to form Eros STX; the transaction was expected to close by June that year.^[8] The merger was completed in July 2020, forming Eros STX Global Corporation. The merged company experienced difficulties, and STX was demerged and sold to Najafi Companies in April 2022. Shortly after, ErosSTX announced its rebranding to Eros Media World plc.^[9]

Divisions and subsidiaries

Division name	Country	Founded
Eros International Media Limited	India	1977
Eros Digital	India	2012
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[10]	Fiji
Eros World Wide FZ-LLC	United Arab Emirates (Dubai)	2006[11]

^[12]

Acquisitions and subsidiaries

Name	Country	Founded or acquired
B4U Network	United Kingdom	1999
Acacia Investments Holdings Limited	Isle of Man

^[12]

Eros International Media

Main article: Eros International

Eros International plc's biggest subsidiary was Eros International Media Ltd, which was one of the oldest companies in the Indian film industry to focus on international markets. Eros International Media Ltd owned aggregated rights to over 3,000 films, and had a portfolio of 197 films during its last-three-completed fiscal years. In fiscal 2016, the company released 63 films; these consisted of 33 Hindi films, 19 Tamil films, and 11 regional-language films. For fiscal 2016, the company generated aggregate worldwide revenues of $274.4 million derived from theatrical, television syndication, and digital and ancillary distribution channels.^[13]

Eros Now

Eros Now, the company's digital over-the-top (OTT) platform, controlled rights to over 5,000 films, and focused on Indian films, music and original shows with offline viewing and subtitles. Eros Now adopted a platform agnostic distribution strategy on Android and iOS platforms on mobile devices, cable, and the Internet, including deals with original equipment manufacturers (OEMs).^[14][15]

Stock market listings

Eros International plc was the first Indian media company to be listed on the Alternative Investment Market (AIM) of the London Stock Exchange. The company delisted from the AIM in November 2013 to become listed on the New York Stock Exchange (NYSE:EROS).^[16]