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.
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