Eros STX Global Corporation Annual Meeting & Its Performance Details

 Eros STX Global Corporation, a global entertainment organization, declared today that the regular yearly gathering of its investors will be hung on Monday, December 21, 2020, starting at 2:00 p.m., Greenwich Mean Time (GMT), for all intents and purposes through the web at www.meetingcenter.io/234058716 for the exchange of the business recorded in the Company's notification of the annual meeting. The password for this meeting is EROS2020. The Company's notice of the annual meeting and form of proxy was given on November 11, 2020.

The Company's notification of the annual meeting, annual report, proxy form, and accounts on Form 20-F for the year finished March 31, 2020. The transition report and accounts on Form 20-F for the transition period from September 30, 2019, to March 31, 2020 (as corrected), are accessible in the financial specialist relations segment of the Company's site at http://www.erosstx.com.

Eros Now unveils a new content slate and strategy. According to the CEO of Eros Now, the platform has announced 13 original series and 33 film premieres. The new content slate will inspire a deeper user engagement and reinforce Eros Now's growth.

It aims to widen the platform's reach by offering a range of program formats in various languages such as Malayalam, Hindi, Marathi, and Gujarati.

The platform has taken entertainers Kartik Aaryan and Ayushmann Khurrana for promoting the new content. The mission #KahaaniHarRangKi depends on bits of knowledge got from Eros Now's exclusive user data and is customized to fulfill the demand of its potential audiences in the Indian and worldwide diaspora. A 360-degree marketing effort will reach out to the mission. They have employed a few influencers to expand the mission on social media.

For the Hollywood streaming audiences, they have the STX library and their association with NBC. In any case, the dispatch of Eros Now Prime, their services for streaming English content, has been postponed.

Eros STX Global Corporation Expanding Across The Globe

 Eros STX Global Corporation declared that its OTT platform Eros Now has arrived at 36.2 million paid subscribers and 211.5 million enlisted end-users across the globe as of September 30, 2020. This signifies 6.9 million net new paid subscriber additions in recent months. Moreover, as stated in the Eros Now press release, this subscriber growth has been powered by their technology investment and their more significant association with Microsoft. The OTT application has also Partnered with Paytm for cashback offers to users and subscribers. 

Ali Hussein, CEO, Eros Now, stated, "Eros Now's vital market extension and its huge substance library has brought about extraordinary development in 2020, a year which is seeing unmatched advanced disturbance.

Enabling video distribution via satellite could be game-changing for the OTT business in developing markets like India, South East Asia, and Africa. More than half of the population has intermittent access to the internet and internet video. Eros Now is assigned to provide to the growing global requirement for online video streaming and play a crucial role in the evolving dynamics of the SVOD ecosystem. They are continuously mapping the scope for growth in the OTT market to re-establish their leadership position globally.

The recently released and widely praised original series 'Flesh,' featuring Swara Bhaskar, created the most ever time spent viewing by Eros Now viewers – more than some other original series launched on Eros Now up until now. Complete engagement on the Eros Now platform has expanded drastically this year and doubled this engagement.

ErosSTX delivers episodic content and star-driven premium feature film across many platforms at the intersection of the world's fastest-growing and most dynamic global markets. The combination of one of the biggest Indian OTT players and a premier studio with one of Hollywood's rapid-growing independent media companies have created an entertainment powerhouse with a presence in over one hundred fifty countries.

Eros has made a mark in the global film industry

 ErosSTX International, a part  of Eros STX Global Corporation, formerly called Eros International PLC, is a full-fledged global  film distribution as well as financing company responsible for direct distribution of Hollywood and Bollywood content in different countries such as India, the UK, the Middle East as well as Ireland. With London as the headquarter, the company has formalized an unrivalled network of key output deals with the key market leaders in twenty five territories with a reach covering more than 150 countries across the world. Taking up the unique opportunities in the international marketplace, the company closed an innovative distribution output partnership with Amazon in the UK, Italy and France.

Eros Motion Pictures, a part of the Eros STX Global Corporation, is a well-known leader in the Indian movie industry with a proven track record of ruling in the industry for nearly 40 years. The company has acquired, co-produced, and distributed some of the most popular as well as successful Indian films in multiple formats globally. Several Eros Motion Pictures blockbusters rank among the highest earning Indian films of all time. A pioneer in Indian entertainment, this company works in tandem with Eros Now in order to target a majority of 1.3 billion population of India. It builds a prolific business model thus combining the release of new movies each year with a dynamic movie library. 

The success of STXinternational include the distribution of STXfilms’ productions as well as 3rd party acquisitions and also closely working with renowned filmmakers like  Guy Ritchie, Michael Mann and Ridley Scott and also producing partners such as Thunder Road, Miramax, Imperative/30West, Black Label Media as well as Scott Free. Moreover, currently STXinternational entered into a unique and multi-year global distribution output deal with the top independent production powerhouse, Black Bear Pictures. For more you may visit its official website https://erosstx.com/