We are part of the Eros Group, which is a global player within the Indian media and entertainment sector that has been in the business close to three decades. The Eros Group 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. Eros plc, the holding company of the Eros Group, is a Promoter of our Company and is listed on Alternative Investment Market of the London Stock Exchange.
We exclusively source all Indian film content for the Eros Group and exploit such content across formats within India, Nepal and Bhutan. Our Company has various rights to over 1,000 films which include Hindi, Tamil and other regional language films, including films such as Mughal-e-Azam, Om Shanti Om, Lage Raho Munnabhai and Love Aaj Kal, which we consider to be a key competitive advantage and an integral part of our business model. We also own rights to certain English language films for home entertainment distribution within India. The Hindi, Tamil, other regional and English language films together form the Eros India Library.
Our business is broadly structured as below :
We source content primarily through acquisitions from third parties and through co-productions and, occasionally, through our own productions. We mainly acquire films from third party producers at various stages of a film’s production for an agreed contractual value, and also co-produce films from inception with certain producers for a pre-agreed fixed budget. We have only released a single own production to date, namely Aa Dekhen Zara, as we rely more on acquisitions and co-productions to source content.
We exploit and distribute end-to-end Indian film content within India, Nepal and Bhutan through multiple formats such as theatres, home entertainment, principally in the form of DVDs, VCDs and audio CDs, and television syndication, which primarily involves licensing the broadcasting rights to major satellite television broadcasting channels, cable television channels and terrestrial television channels. We also exploit and distribute content via digital new media such as mobile ring tones, wallpapers and downloads, IPTV, DTH and other internet channels and we also license films to airlines for in-flight viewing.
The international rights for distribution of Indian film content for the entire world excluding India, Nepal and Bhutan are licensed to the Eros International Group with effect from October 1, 2009 between our Company and our Promoters, Eros Worldwide FZ LLC and Eros International PLC. However, our Tamil language films are distributed globally by our Subsidiary Ayngaran International.
History
Mr. Arjan Lulla, 75 years, is the founder of Eros Group and honorary life president of Eros plc, which is our Promoter and the holding company of the Eros Group. Having completing his matriculation and having established the Eros Group in 1977, he has over thirty years of experience in the media industry. He is a member of the Indian Film Exporter Association, in which capacity he has contributed to the development of the export market of the Indian cinema. He received the Dadasaheb Phalke award in May 2009 for his contribution to the globalisation of Indian cinema.
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| Year |
Event |
| 1994 |
Incorporation of our Company and our Subsidiary Eros International Films
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| 1999 |
Acquired business and assets of Jupiter Enterprises
Commenced selling home entertainment, for instance VCDs and DVDs
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| 2005 |
Release of our first co-produced film, Waqt
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| 2006 |
First India theatrical release and music distribution of the film Omkara
Launch of the Eros Music label
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| 2007 |
Set up VFX operations under our Subsidiary EyeQube
Entered into a shareholder’s agreement for acquisition of 64% in Big Screen Entertainment
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| 2008 |
Entry into Tamil film industry pursuant to the assignment of the Ayngaran SHA to Copsale, by Eros plc
Incorporation of our Subsidiary Eros Music Publishing for signing lyricists and composers
Joint Venture Agreement with Universal Music India for talent management
India theatrical distribution expansion through offices in Mumbai and Delhi
First release on Blu-Ray high-definition disc format, Heyy Babyy, followed by Om Shanti Om
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| 2009 |
India theatrical distribution expansion through offices in Punjab and exclusive arrangement for West Bengal
Execution of Settlement Agreements with various film exhibitors
Conversion to a public limited company
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