| Share Name |
Share Symbol |
Market |
Type |
Share ISIN |
Share Description |
| Eros |
LSE:EROS |
London |
Ordinary Share |
GB00B13JS954 |
ORD 10P |
| |
Price Change |
% Change |
Share Price |
Shares Traded |
Last Trade |
| |
0.00 |
0.0% |
235.50 |
0.00 |
00:00:00 |
| Bid Price |
Offer Price |
High Price |
Low Price |
Open Price |
|
|
|
|
|
|
| Industry Sector |
Turnover (m) |
Profit (m) |
EPS - Basic |
PE Ratio |
Market Cap (m) |
|
Media
|
141.71
|
29.99
|
15.07
|
14.4
|
308
|
| Last Trade Time |
Trade Type |
Trade Size |
Trade Price |
Currency |
| - |
O |
0 |
235.50 |
GBX |
Real-Time news about Eros (London Stock Exchange): 0 recent articles
| Trade Time |
Trade Price |
Trade Size |
Trade Value |
Trade Type |
No Trades
| Date | Subject |
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08/5/2019
08:19 | planetgong: I saw this on yahoofinuk:
(Bloomberg) -- A Bollywood filmmaker that was spurned by credit investors several years ago is changing the terms on a planned dollar bond offering after money managers balked again, as signs of caution in global debt markets mount.
Eros International Plc is tweaking its plan after holding road shows last month, at a time when investors have been inundated with dollar bond supply and U.S.-China trade tensions are bringing more volatility to markets.
In a novel twist, the maker of films with stars such as Priyanka Chopra and Salman Khan now plans to offer notes that will be secured against its library of more than 12,000 film titles available to global viewers via its platform Eros Now, after having sought an unsecured structure last month, the company said when asked. It pulled a dollar bond offering two years ago after investors demanded higher yields.
A surge in Asian dollar note sales is testing investor appetite after the market’s best rally in years. Buyers of Indian firms’ overseas debt have also faced issuance that has reached records in 2019.
Last year, billionaire Mukesh Ambani’s Reliance Industries Ltd. acquired a 5 percent stake in Eros. The Mumbai-based company reported an unexpected quarterly profit.
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22/2/2019
06:35 | blusteradjuster: ErosNow still on a tear. They’ve reached their 16 million paid subscriber target 3 months early.
htTps://erosplc.gcs-web.com/news-releases/news-release-details/eros-international-plc-reports-third-quarter-fy-2019-results
Our digital & ancillary business generated $35.6 million in revenue, a growth of 31.4% over last quarter, and represented 46.4% of our total revenue this quarter – the largest proportion ever. Eros Now achieved 15.9 million paid subscribers this quarter, which represents growth of 218% year-over-year, and registered users grew to more than 142 million, a 78% increase versus the prior year period.
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18/5/2018
09:04 | blusteradjuster: Missed this from last week. Stellar growth in paying subscribers.
htTps://erosplc.gcs-web.com/news-releases/news-release-details/eros-now-reaches-79-million-paying-subscribers-fye-2018
ISLE OF MAN, United Kingdom--(BUSINESS WIRE)--May 9, 2018-- Eros International Plc (NYSE: EROS) (“Eros” or “the Company”), a leading global company in the Indian film entertainment industry, today announced that Eros Now, its cutting edge digital over-the-top (OTT) South Asian entertainment platform, has reached over 100 million registered users and 7.9 million paying subscribers worldwide as of March 31, 2018.
This substantial growth in paying subscribers represents a 58% increase over the last reported quarter and a 277% increase from 2.1 million paying subscribers as of the fiscal year ended March 31, 2017. The Company also today reiterated its previous guidance that its Eros Now paying subscriber base is expected to double over the next 12 months to approximately 16 million paying subscribers by fiscal year end 2019.
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27/2/2018
21:39 | blusteradjuster: Yes, the figures remain opaque.
I’ve always assumed big subscriber numbers means a higher share price.
Momentum is good.
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21/2/2018
13:57 | blusteradjuster: htTps://erosplc.gcs-web.com/news-releases/news-release-details/eros-international-plc-reports-third-quarter-fiscal-year-2018
Reliance Industries Limited (“RIL” or “Reliance”) and Eros announced yesterday that RIL, through a subsidiary, has agreed to subscribe to a 5% equity stake in Eros at a price of $15 per share. This represents an 18% premium to the closing price on February 16, 2018. The transaction is subject to customary regulatory and other approvals.
RIL and Eros International Media Limited (“Eros India”) announced that they have agreed to partner in India to jointly produce and consolidate content from across India. The new partnership will equally invest up to $150 million to produce and acquire Indian films and digital originals across all languages.
Eros Now’s paying subscriber base increased 150% y-o-y - triple digit growth from 2 million paying subscribers as of December 31, 2016 to 5 million paying subscribers as of December 31, 2017. Registered users reached over 80 million as of December 31, 2017. Company re-affirms previous guidance of 6-8 million paying subscribers by FYE 2018 and expects to double that base by FYE 2019.
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06/10/2017
17:12 | smurfy2001: Will have 6-8 million subscribers by end of FY18 for Eros Now: Eros International
In an interview to CNBC-TV18, Jyoti Deshpande, Group MD & CEO of Eros International spoke at length about the lawsuit and her outlook going ahead.
hTtp://www.moneycontrol.com/news/business/companies/will-have-6-8-million-subscribers-by-end-of-fy18-for-eros-now-eros-international-2405657.html
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06/10/2017
14:30 | spectoacc: Eros share price seems to be doing OK in US though? Last time it reported it halved :)
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16/8/2017
18:31 | smurfy2001: Eros: Roll The Credits
Summary
We believe Eros is facing a liquidity crisis.
In our opinion, recent sale rumors are not credible.
In a best case scenario, we believe Eros will issue equity and massively dilute shareholders.
A worst case scenario sees the SEC fail to approve Eros’s shelf filing and the company file for bankruptcy.
hTtps://seekingalpha.com/article/4098646-eros-roll-credits
--
Be interesting to see if the bears are right.
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19/10/2016
02:09 | foot in mouth: October 18, 2016 08:51 AM Eastern Daylight Time
ISLE OF MAN, United Kingdom--(BUSINESS WIRE)--Eros International Plc (NYSE: EROS) (“Eros”), a leading global company in the Indian film entertainment industry, today announced that Eros Now, its cutting edge digital over-the-top (OTT) platform, now has mobile billing integration capabilities with major telecom operators in UAE and Qatar.
Mobile billing integration is at the heart of Eros Now’s penetration strategy to enable consumers to experience the best of Indian entertainment, which includes Bollywood and regional content across major networks and devices, and will further enhance the platforms ability to monetize its user base. The tie-ups in the Middle East are with the leading local telecom operators including Ooredoo in Kuwait and Qatar, and Du in the UAE. Additional telecom partnerships throughout the region are currently being negotiated.
Consumption of Bollywood content, including Hindi movies, music and TV series in the Middle East has been on the rise along with it also becoming one of the leading regions in the world in terms of smart device adoption. With an increasing number of handheld device users, the trend of online content consumption has markedly increased in the region. The South Asian diaspora in both of these markets is estimated to be over 50% of the population, which represents over five million people. In addition to the South Asian diaspora, Bollywood content continues to be popular with the local Middle Eastern population in dubbed and subtitled formats – both of which are offered on Eros Now.
Rishika Lulla-Singh, CEO Eros Digital commented, “As market leaders in the film business, Eros has always strived to bring users the best of Indian entertainment, offering each the same unified experience across screens and networks. Eros Now’s philosophy is to be platform agnostic and embrace the very best in technology as we continuously enhance our content offering. Recognizing the growing demand among Middle Eastern viewers for online video content, especially Bollywood entertainment, these mobile partnerships will give consumers entertainment and easy pay access, whenever and wherever they want it.”
About Eros Now
Eros Now is Eros International Plc’s leading on-demand Bollywood entertainment network accessible anytime, anywhere, on nearly any Internet-connected screen. Eros Now offers its 49.6 million plus registered users, across 135 countries, the promise of endless entertainment hosting the largest library of films (Eros Now has rights to over 5,000 films), as well as premium television shows, music videos and audio tracks, unmatched in quantity and quality. Eros Now will soon launch compelling original drama series for its viewers. Compelling product features such as offline viewing where premium subscribers can download the content and view it when not connected to the Internet make Eros Now a unique offering with focus on user experience.
Eros Now is available on Apple and Android platforms and has integration deals with Airtel, Idea and now Reliance Jio and several other operators internationally. For further information, please visit: www.erosnow.com.
About Eros International Plc
hxxp://www.businesswire.com/news/home/20161018006033/en/Eros-International-Announces-Mobile-Billing-Integration-Major
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13/11/2015
14:46 | soul limbo: http://www.medianama.com/2015/11/223-eros-alpha-exposure-allegations/
Eros’ stock woes continue as it fights allegations on revenue and releases
By Shashidhar KJ ( @lomirgenii1988 ) on November 13, 2015
Movie production house Eros International continues to face allegations of overstating its revenues and theatrical releases and was forced to issue a statement yesterday. Terming them “baseless”, the company was responding to an article published by Alpha Exposure where it said that Eros had released only 52 films in 2014 and 2015 rather than 134 films as said in its disclosures.
Eros said that its management attended a conference hosted by Wells Fargo where “where it did not disclose any new information to the market and only reinforced its business fundamentals.”
“No statement was provided concerning the Alpha Exposure article dated November 10, 2015 which made further baseless allegations about the Company’s core business, its content library and film slate,” Eros added.
Digital business market share
The Alpha Exposure story also took aim at Eros’ digital and ancillary business and said the company faked the segment’s revenues. According to the story, Eros had claimed revenues of $60 million and $48 million in 2014 and 2015 respectively. The story highlighted a KPMG report (pdf) where it said the market size of the digital film distribution was $158 million. “Eros’ reported revenue implies 42% and 38% market share of the industry’s total Cable and Satellite Rights and the industry’s total Digital and Ancillary revenue, respectively. These levels of penetration seem implausible based on the much smaller proportion of gross box office receipts represented by Eros’ reported theatrical revenues,” it further read.
Readers will note that Eros’ digital and ancillary business revenues have been falling over the last three quarters. Digital revenues stood at $21.3 million at the end of Q3 FY15, $18.7 million at the end of Q4 FY15 and $6.3 million at end of Q1 FY16.
Earlier in the month, Eros issued a clarification on the number of users on its digital platform Eros Now. Earlier in October, Eros had said that crossed 30 million registered users as of September 30. The 30 million registered users reported by ErosNow as of 30th September 2015 are a combination of web, WAP and APP users, the company said.
Stock downgrade by Wells Fargo
Earlier in October, Eros’ stock was downgraded by Wall Street Bank Wells Fargo. According to the investment bank, Eros’ continued increase in revenues from the UAE is unexplained. The company said Eros International Plc, consolidates its subsidiary financials, and cancels out all inter-company transactions between the group companies and only reports the third party revenues, costs and profitability and that analyzing subsidiary financials which in isolation can be extremely misleading, in its explanation.
Push for digital
In June, Eros canned its television network plans following investor calls to focus on their digital platform ErosNow. Eros CEO Kishore Lulla, in an analyst call, said that the company has shelved its plans for a TV network at least for a year after a group of shareholders led by UK-based investment firm Knight Assets cautioned against launching a television network and asked them to focus on their digital products.
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Eros share price data is direct from the London Stock Exchange
PLUS1
