BSE seeks clarification from Eros on movie channel launch plan

[Thakur]

MUMBAI: The Bombay Stock Exchange (BSE) has sought clarification from film production and distribution firm Eros International Media with regards to its plans of launching a movie channel and tweaking business verticals.
 
The notice to Eros reads, “The Exchange has sought clarification from Eros International Media Ltd with respect to news article appearing in Mint on 6 April, 2015 titled ‘Eros plans new movie channel, acquisition of technology startups.’”
The publication has reported that the film production company is looking at generating more content and acquiring technology startups.
 
Eros International group CEO and managing director Jyoti Deshpande, in an interview to the publication, has said that the company is entering south India and newer areas of content creation and distribution. With Eros looking at producing 125 movies as compared to the approximately 70 it currently produces, Deshpande, is expecting a steady increase in margins for the current financial year.  
 
The Exchange has sought a reply from Eros with regards to this news item and the reply is still awaited.

http://www.indiantelevision.com/television/production-house/film-production/bse-seeks-clarification-from-eros-on-movie-channel-launch-plan-150406

 

[SarfaRaZ]

A new movie Channel from EROS :SP

 

[Dileep Kumar]

Eros says it is weighing options of launching a Hindi movie channel

MUMBAI: Pure-play film production house Eros International Media is weighing options of launching a Hindi movie channel.
The new channel could be housed under Eros International Plc, the holding company of Eros International Media.

Eros, however, has not finalised its plans.
Eros International group CEO and MD Jyoti Deshpande had told TelevisionPost.c om that the company was looking at launching a Hindi movie channel.

“Our content deal for HBO Hits and HBO Defined is over and our content is being phased out of the channels. Going ahead, we plan to launch our own Hindi movie channel to exploit the syndication revenue model,” Deshpande said.

When asked how Eros’ channel would be different and whether there was enough headroom in the Hindi movie space, she said: “Our strategy will be different. We will be more aggressive in shortening the window between a theatrical release and the TV premiere of a film. We will then syndicate the movies to other channels.

Right now, other channels are earning by syndicating our titles.”

The Hindi movie space is overburdened with a cutthroat competition between the top three players—Star Gold, Zee Cinema, and Sony Max. Among other major players are Movies OK (Star India), &Pictures (ZEEL), Max2 (MSM), UTV Movies, and UTV Action.

Besides, there are B4U Movies, Filmy (Sahara), Zee Classic, Zee Action, Cinema TV, Enter10, etc. Further fragmenting the market are plenty of cable channels including Magic of Cinema and movie channels run by the multi-system operators (MSOs).

Hindi general entertainment channels also air Hindi movies to spruce up their viewership.

Meanwhile, clarifying on a report published in business daily Mint, Eros submitted to the BSE: “The comments made during media interactions are part of business plans of Eros International Group. These plans are not concrete and may or may not fructify in the future and/or could be executed by Eros International Plc, ultimate holding company of Eros International Media Ltd.”

Eros had told Mint that it planned to acquire technology start-ups and in three years would aim to produce at least 125 movies a year instead of 60-70 currently.

Eros says it is weighing options of launching a Hindi movie channel | TelevisionPost.com

 

[Karan rocks]

RE: Eros says it is weighing options of launching a Hindi movie channel

I think it's already posted by Davinder Thakur bro.:u

 

[Dileep Kumar]

RE: Eros says it is weighing options of launching a Hindi movie channel

I think it's already posted by Davinder Thakur bro.:u

then post the link

 

[Karan rocks]

RE: Eros says it is weighing options of launching a Hindi movie channel

then post the link

BSE seeks clarification from Eros on movie channel launch plan

 

[Vicky]

RE: Eros says it is weighing options of launching a Hindi movie channel

then post the link

BSE seeks clarification from Eros on movie channel launch plan

 

[Prateek Marwadi]

RE: Eros says it is weighing options of launching a Hindi movie channel

:rofl:rofl:roflemhehenj:nj

 

[Sajee]

Eros says it is weighing options of launching a Hindi movie channel

MUMBAI: Pure-play film production house
Eros International Media is weighing options
of launching a Hindi movie channel.

The new channel could be housed under Eros
International Plc, the holding company of
Eros International Media.

Eros, however, has not finalised its plans.
Eros International group CEO and MD Jyoti
Deshpande had told TelevisionPost.com that
the company was looking at launching a
Hindi movie channel.

“Our content deal for HBO Hits and HBO
Defined is over and our content is being
phased out of the channels. Going ahead, we
plan to launch our own Hindi movie channel
to exploit the syndication revenue model,”
Deshpande said.

When asked how Eros’ channel would be
different and whether there was enough
headroom in the Hindi movie space, she
said: “Our strategy will be different. We will
be more aggressive in shortening the
window between a theatrical release and the
TV premiere of a film. We will then syndicate
the movies to other channels. Right now,
other channels are earning by syndicating
our titles.”

The Hindi movie space is overburdened with
a cutthroat competition between the top
three players—Star Gold, Zee Cinema, and
Sony Max. Among other major players are
Movies OK (Star India), &Pictures (ZEEL),
Max2 (MSM), UTV Movies, and UTV Action.
Besides, there are B4U Movies, Filmy
(Sahara), Zee Classic, Zee Action, Cinema
TV, Enter10, etc. Further fragmenting the
market are plenty of cable channels
including Magic of Cinema and movie
channels run by the multi-system operators
(MSOs). Hindi general entertainment
channels also air Hindi movies to spruce up
their viewership.

Meanwhile, clarifying on a report published
in business daily Mint, Eros submitted to the
BSE: “The comments made during media
interactions are part of business plans of
Eros International Group. These plans are
not concrete and may or may not fructify in
the future and/or could be executed by Eros
International Plc, ultimate holding company
of Eros International Media Ltd.”

Eros had told Mint that it planned to acquire
technology start-ups and in three years
would aim to produce at least 125 movies a
year instead of 60-70 currently.

Eros says it is weighing options of launching a Hindi movie channel | TelevisionPost.com

 

[SarfaRaZ]

RE: Eros says it is weighing options of launching a Hindi movie channel

Bhai I think its already posted here :k:huh