India comes up with myriad of films every
year and this movie industry has witnessed tremendous growth over the years. Certainly,
Eros International PLC is the boon for films as well as the entertainment industry
of our country. For the last more than 40 years, this company has successfully
acquired, co-produced several popular Indian films across television,
theatrical and other formats.
In fact, this brand has built a film
library that constitutes over 3000 films that include classic movies and also
recent blockbusters. These 3000 films shelved in this library are of different
budgets, genres and languages. Its prolific business model may span through
diverse formats and these films from India also have been released globally.
The theatrical market of India constitutes
both single-screen theatres and multiplexes that are also 100 percent digitally
equipped. The company’s distribution abilities allow it to target maximum of
its 1.3 billion people in the country. Currently, as the demand for regional
films as well as other media has increased in our country, its brand
recognition in Hindi movies has helped it to grow its non-Hindi movie business by
targeting local audiences in our country and also abroad. With its distribution
network for Tamil and Hindi movies, we believe that it is well-positioned to
enhance its offering of non-Hindi film content.
The Indian movies have international appeal
and their popularity has been increasing in several countries that consume
dubbed as well as subtitled foreign content in the local languages. These
markets include China, USA, Russia, Germany, Malaysia, Spain, France, South
Korea, Indonesia, Latin America, Middle East and so on. Depending on the gross
collection reported by comScore, Erosbonds may be 27 percent of theatrically released Indian language movies in
the US and also the UK.
With passage of time, this company has been
trying new endeavors. In fact, Eros Now is the company’s popular OTT platform
for South Asian viewers that may be accessed from any place as well as at any
point of time through different devices connected through internet including
mobile, television and so on. In a nutshell, the company has contributed to
huge growth of the movie industry of our country with unparalleled efficiency.
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