Eros Media World PLC (EMWP)

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ErosSTX Global Corporation[5] is an Indian-American multinational media company that acquires, produces, and distributes films, television shows, and digital content. It is a merger of the Indian film and entertainment studio Eros International plc, and the American mini-major film studio STX Entertainment. The company is domiciled in the Isle of Man, and its main offices are in Burbank, California and Mumbai, Maharashtra, India.[6]

The company is led by co-chairmen Kishore Lulla (son of Eros founder Arjan Lulla) and Robert Simonds, STX chairman and CEO.


History

Eros International plc was founded by Arjan Lulla and Kishore Lulla in 1977 as an Indian film and television production and distribution company.[7] The company launched its ErosNow OTT service in 2012, which by 2020 had 36.2 million paid subscribers[9] and the largest library of Indian content in the world.[10] Eros International plc became the first Indian media company to list on the Alternative Investment Market (AIM) of the London Stock Exchange. Subsequently, the company delisted from AIM in November 2013 to list on the New York Stock Exchange.[11]

STX Entertainment was founded by Robert Simonds and Bill McGlashan in 2014 as an American mini-major film, television, and digital media studio. By April 2020, STX had released 34 films, which earned over $1.5 billion in global box office, with hits including Bad Moms, Hustlers, and The Upside.[10]

After first being announced in April 2020, the merger of Eros International and STX Entertainment was completed on July 30, 2020, with the company now called ErosSTX Global Corporation.[6] The merged company is publicly traded on the New York Stock Exchange, with the combined firm listed as ESGC.

https://en.wikipedia.org/wiki/ErosSTX