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In each of the past three fiscal years, we have released over 77 films per year, and for fiscal 2013, our releases included 30 new Hindi films.We are very focused on the Indian diaspora as well as new non-Asian growth markets such as Germany, Poland, Russia, Malaysia and South Korea among others.Eros Now, the Company’s on-demand entertainment portal accessible via internet-enabled devices, was launched in 2013 and now has available a selection of hundreds of movies and thousands of music videos.
Eros International Plc (NYSE: EROS) is a leading global Indian film entertainment company that co-produces, acquires and distributes Indian language films in multiple formats worldwide including, theatrical, television and digital channels.
When we buy these films we typically buy long term all rights worldwide and for the purposes of the electronic rights such as satellite television, DVD or other digital rights, these films would be a premiere when we bought them.
So we treat them as a new release in that year of purchase.
According to Rentrack, in 2012 we had a market share of over 45% of all theatrically released Indian language films in the US and the UK.
We consistently and successfully acquire and distribute a diverse portfolio of Indian language and themed films that we believe will have a wide audience appeal and which capitalize on the high growth Indian domestic media and entertainment market.