EROS Eros Intl. PLC gains 45% May 1, 2020
Eros International PLC, together with its subsidiaries, co-produces, acquires, and distributes Indian language films in various formats worldwide. The company distributes its film content across various distribution channels, such as theatrical, which includes multiplex chains and stand-alone theaters; television syndication that comprises satellite television broadcasting, cable television, and terrestrial television; and digital and ancillary, which consist of music, inflight entertainment, home video, Internet protocol television, video on demand, and Internet channels, as well as on-demand entertainment portals through Internet-enabled devices. It also distributes its film content through physical formats, such as DVDs and video compact discs (VCDs) in hotels and on airlines, and for use on mobile networks; and distributes and licenses content on physical media, including on Blu-ray and DVDs internationally, as well as on VCDs and DVDs in India. In addition, the company distributes its film content to retail chains and Internet platforms, as well as to wholesalers and retailers; and licenses content to third party distributors internationally to provide content dubbed into local languages for non-South Asian audiences. Further, it is involved in direct sales to corporate customers who bundle the company's DVDs or VCDs with their products for promotional purposes. The company has rights for approximately 3,000 films in its library. Additionally, it operates as a music publisher for third party owned music rights. The company also provides music content directly, as well as through third party platforms and licensing deals; and through streaming services, digital streaming, CDs, and publishing/master rights licensing. Eros International PLC was founded in 1977 and is based in Secaucus, New Jersey.http://www.priceseries.com/trade/EROS-Eros-Intl-PLC-stock-gains-45-percent-a-Trade-Record-by-priceSeries-2020040820200501.html