“So the first question as already indicated that we are not doing the TV syndication increasing the Eros Now penetration and the revenue guidance of $200 million for the whole year and the EBITDA of $80 million to $95 million, we are reiterating that we will achieve that and there were no medium budget and no theatrical releases this year. There were low budget films of that and that’s where you could see that the revenue of the dip, but this is as per our guidelines and as per our expectation,” Eros International Plc Executive Chairman and Group CEO Kishore Lulla told analysts during Q2 earnings conference call.
Eros stops doing TV syndication deals to increase Eros Now penetration
Eros stops doing TV syndication deals to increase Eros Now penetration