ErosSTX

Eros Announces Corporate Name Change to Eros Media World PLC

Retrieved on: 
Wednesday, May 25, 2022
Other Entertainment, General Entertainment, Entertainment, Isle, Company, Change, SEC, Record, NYSE, ErosSTX, Security (finance), Baking

Eros STX Global Corporation (Eros" or the Company) (NYSE: ESGC), a global Indian media and entertainment company, today announced that it will formally change its corporate name to Eros Media World PLC on the NYSE and SEC records effective on or about June 6th, 2022.

Key Points: 
  • Eros STX Global Corporation (Eros" or the Company) (NYSE: ESGC), a global Indian media and entertainment company, today announced that it will formally change its corporate name to Eros Media World PLC on the NYSE and SEC records effective on or about June 6th, 2022.
  • This is pursuant to The Isle of Man Companies Registry issuance of a Certificate of Change of Name pursuant to Section14(3) of the Isle of Man Companies Act.
  • In addition, the Company expects to begin trading under the new ticker symbol EMWP on the NYSE effective on or about June 6th, 2022.
  • View source version on businesswire.com: https://www.businesswire.com/news/home/20220525005502/en/

Eros Enters Into a New Era of Global Media and Entertainment

Retrieved on: 
Monday, April 25, 2022
Software, Mobile, Wireless, Networks, Online, Entertainment, Internet, Film & Motion Pictures, Professional Services, Data Management, Technology, Other Entertainment, Finance, FYE, EDM, Collection, Sale, ARPU, Mission statement, Uncertainty, Securities Exchange Act of 1934, Music, Investment, Digital, Acquisition, Securities Act of 1933, Hip hop, Athlete, Tier 2, XET, Annual report, Social media, Company, Chartered accountant, Environment, STX Entertainment, Partnership, ErosSTX, Blockchain, CEO, NFT, AVOD, EBITDA, CFO, Non-fungible token, Intellectual property, Eros International, Growth, Ecosystem, Sony, Communication, Ernst & Young, MIT Center for Digital Business, Industry, Hindi, Isle of Man, GAAP, Isle, Depreciation, Budget, Eros Now, Web 2.0, Forward, NYSE, Film, Bank, Cryptocurrency, Bookkeeping, Risk management, New Age, Lulla, Eros, Adjustment

In an environment attracting significant investments and M&A potential, especially following the Sony-Zee merger, Eros Media is one of only a few stand-alone media players at scale.

Key Points: 
  • In an environment attracting significant investments and M&A potential, especially following the Sony-Zee merger, Eros Media is one of only a few stand-alone media players at scale.
  • The opportunities in the Eros Now Music business form an integral part of Eros Medias studio division.
  • Eros strategic partnership with Xfinite for global AVOD monetization allows for Eros Now to efficiently monetise a large and engaged userbase.
  • 1 Eros Investments is an investment company controlled by the Lulla family that invests in nurturing global, pioneering ventures including with Eros Media, XFinite and Mzaalo.

Comcast Launches Eros Now Streaming App on X1 and Flex Devices

Retrieved on: 
Tuesday, April 5, 2022
Entertainment, General Entertainment, Film & Motion Pictures, Online, Mobile Entertainment, Licensing (Entertainment), Halahala, HERE, Xfinity, Social Impact Media Awards, Music, Partnership, Marketing, Eros, OTT, NYSE, Friends, Apple Interactive Television Box, Marathi, Eros Now, Originality, Universal Parks & Resorts, Bollywood, Sky News, Aggregation, Sky Studios, Media monitoring service, Comcast Business, House, Sport, NBCUniversal, Telemundo, Universal Pictures, Digital, NBCUniversal Television and Streaming, Xfinity Flex, SVOD, Flex, NBC, Sky Sports, Season, Kannada, News, ErosSTX, Central Park, NBC Sports, Golmaal, IMD, Video game, Film, Cable television, Comcast, Malayalam, Cave, Telugu, Cocktail

Comcast launches Eros Now app, a leading over-the-top (OTT) South Asian entertainment platform owned by Eros STX Global Corporation (NYSE: ESGC), on its X1 and Flex platforms.

Key Points: 
  • Comcast launches Eros Now app, a leading over-the-top (OTT) South Asian entertainment platform owned by Eros STX Global Corporation (NYSE: ESGC), on its X1 and Flex platforms.
  • We are excited to bring Xfinity subscribers even more great international entertainment through our partnership with Eros Now.
  • We are excited to offer the most extensive repository of Indian movies and Original series to Comcasts X1 and Flex platforms subscribers.
  • Xfinity customers can subscribe to the Eros Now app via their X1 TV Box or Xfinity Flex streaming TV Box, now available for only $4.99/month, following the steps included HERE .

ErosSTX Receives NYSE Extension for Delayed Annual Report and Regains Compliance with NYSE Minimum Trading Price Requirement

Retrieved on: 
Tuesday, February 22, 2022
Music, Film & Motion Pictures, Entertainment, TV and Radio, Theatre, Exchange, Compliance, Annual report, Television, OTT, Intellectual property, Securities Exchange Act of 1934, Coronavirus, Failure, Security (finance), ErosSTX, Music, Collection, Uncertainty, Form 20-F, Industry, Company, STX Entertainment, Social media, NYSE, U.S. Securities and Exchange Commission, Review, Acquisition, Eros International, Eros Now, Securities Act of 1933, New, Communication, Risk management

The NYSE notified the Company that it will closely monitor the Companys progress with the interim milestones the Company previously submitted to the NYSE.

Key Points: 
  • The NYSE notified the Company that it will closely monitor the Companys progress with the interim milestones the Company previously submitted to the NYSE.
  • Failure to achieve these interim milestones could result in an accelerated trading suspension prior to May 31, 2022.
  • The NYSE separately notified the Company that it regained compliance with the NYSEs minimum trading price requirement.
  • In the event the Company again falls below thresholds, the Company will be subject to immediate review by the NYSE.

Eros Now and Airtel Xstream Premium Announce Unique Partnership for Video Subscribers

Retrieved on: 
Wednesday, February 16, 2022
Telecommunications, Networks, Audio, Video, TV and Radio, Music, Technology, Mobile, Wireless, Entertainment, NYSE, Eros International, CEO, Company, ErosSTX, Television, Solution, IOT, Goal, City, STX Entertainment, OTT, Music, ARPU, Partnership, Communication, Airtel digital TV, Growth, Language, Daily Journal Corporation, Eros Now, Video game, Mobile phone, Bharti Airtel

The symbiotic partnership allows Eros Now to expand its reach further by tapping into Airtel's 300+ million customer base across India.

Key Points: 
  • The symbiotic partnership allows Eros Now to expand its reach further by tapping into Airtel's 300+ million customer base across India.
  • The partnership is in line with Eros Now's strategy to focus on direct-to-consumer relationships while strengthening and expanding key distribution partnerships.
  • As part of the partnership, Eros Now will also be available across new bundled offerings to customers on Airtel Xstream Android set-top-boxes and Airtel Xstream Fiber.
  • With video consumption on the rise, the synergies between Eros Now and Airtel are expected to help both brands achieve their customer focused goals.

STXfilms: Adam Driver, Penélope Cruz and Shailene Woodley Join Michael Mann’s “Ferrari”

Retrieved on: 
Wednesday, February 9, 2022
Sports, Other Entertainment, Film & Motion Pictures, Celebrity, Consumer, Motor Sports, Other Consumer, Entertainment, Don, Bankruptcy, Emmy Awards, Last Duel, Industry, Business, BlacKkKlansman, Irish people, Aviator, ErosSTX, Public Enemy, Ford Motor Company, Fury, CAA, Woman, BAFTA, Academy, Ferrari, Gentleman, HBO Max, White noise, Machine, House, Contractor, Black Mass, Star Wars, Brock, Emilia-Romagna, The Jericho Mile, The Gift, Mille Miglia, STX, Official Competition, STX Entertainment, Marriage Story, Life, Universal Pictures Home Entertainment, Jericho, List of common film awards categories, Upside, Insider, Motion, Thirteen Lives, Best Supporting Actress, Hyperion, Gift, Film, Heat, Collateral, Sony, Showtime, Parallel Mothers

Academy Award-nominee Michael Mann (Collateral, Public Enemies, Heat) has cast Academy Award nominee Adam Driver (Marriage Story, Star Wars) and Academy Award winner Penlope Cruz (Parallel Mothers, Vicky Cristina Barcelona) as Enzo and Laura Ferrari and Shailene Woodley (Big Little Lies, The Descendants) as Lina Lardi in his highly anticipated film Ferrari.

Key Points: 
  • Academy Award-nominee Michael Mann (Collateral, Public Enemies, Heat) has cast Academy Award nominee Adam Driver (Marriage Story, Star Wars) and Academy Award winner Penlope Cruz (Parallel Mothers, Vicky Cristina Barcelona) as Enzo and Laura Ferrari and Shailene Woodley (Big Little Lies, The Descendants) as Lina Lardi in his highly anticipated film Ferrari.
  • All the dramatic forces of his life - as volatile as the red race cars he builds - are in collision.
  • Michael Mann has said, Being able to have these wonderfully talented artists, actors Adam Driver, Penlope Cruz and Shailene Woodley, bring to life these unique characters on location in Modena and the Emilia-Romagna is a vision fulfilled.
  • Adam Fogelson has added Ferrari is so much more than a story about a man and his machine.

ErosSTX Announces Reverse Stock Split

Retrieved on: 
Friday, January 28, 2022
Music, Film & Motion Pictures, Entertainment, TV and Radio, Theatre, Eros Now, Music, Eros International, Reverse stock split, OTT, Intellectual property, Failure, Communication, Computershare, CUSIP, Coronavirus, Uncertainty, Effective date, Television, Securities Act of 1933, Board of directors, Social media, Board, Collection, ErosSTX, Annual report, Piracy, Company, Compliance, Acquisition, Letter, New York Stock Exchange, Securities Exchange Act of 1934, Industry, NYSE, STX Entertainment, Holding company, Security (finance), Risk management

Eros STX Global Corporation (NYSE: ESGC) (ErosSTX, the Company, we or our) today announced that its Board of Directors has approved a one-for-twenty reverse split of its issued and outstanding A and B ordinary shares (the "Reverse Stock Split").

Key Points: 
  • Eros STX Global Corporation (NYSE: ESGC) (ErosSTX, the Company, we or our) today announced that its Board of Directors has approved a one-for-twenty reverse split of its issued and outstanding A and B ordinary shares (the "Reverse Stock Split").
  • The new CUSIP number for the A ordinary shares following the Reverse Stock Split will be G3788R105.
  • The Reverse Stock Split will not modify any rights or preferences of the Company's ordinary shares and there will be a proportionate adjustment in the par value per share.
  • (Computershare), the Companys transfer agent, will act as the exchange agent for the Reverse Stock Split.

SLING TV adds leading South Asian service Eros Now

Retrieved on: 
Thursday, December 16, 2021
AXS, Computer, DISH, A&E, NASDAQ, Marathi, GSN, ErosSTX, NFL Network, Discovery, OTT, STARZ, Eros International, NBC, NHL Network, NFL, Partnership, EPIX, Dish Network, STX Entertainment, NBA TV, NBA, NHL, NYSE, 21st GLAAD Media Awards, Fox, Pac-12 Network, Marketing, Voot, Love, Multimedia, SHOWTIME, Eros, OTA, View, SonyLIV, Tablet, Television, Company, Scripps, Media monitoring service, Eros Now, AMC, Kannada, International, VP, Digital, Mobile phone, Film, Telugu, Malayalam, Viacom, Turner

ENGLEWOOD, Colo., Dec. 16, 2021 /PRNewswire/ -- SLING TV , the leading provider of international news and entertainment, continues to expand its South Asian offering with the addition of Eros Now, a leading over-the-top (OTT) South Asian entertainment platform owned by Eros STX Global Corporation (NYSE: ESGC) ("ErosSTX" or "the Company"), a global entertainment company.

Key Points: 
  • ENGLEWOOD, Colo., Dec. 16, 2021 /PRNewswire/ -- SLING TV , the leading provider of international news and entertainment, continues to expand its South Asian offering with the addition of Eros Now, a leading over-the-top (OTT) South Asian entertainment platform owned by Eros STX Global Corporation (NYSE: ESGC) ("ErosSTX" or "the Company"), a global entertainment company.
  • "SLING TV is the leading American provider of South Asian content and continues to perfect our offering to connect consumers to the content they love," said Liz Riemersma, VP of International, SLING TV.
  • With Eros Now packaged and bundled on a popular service like SLING TV, the audiences will get access to the best catalogue of Indian Films and Originals Series," said Ali Hussein, Chief Executive Officer, Eros Now.
  • Customers may also purchase Eros Now as a standalone service or as an add-on to another SLING TV service for $5 per month.

ErosSTX Enters Into a Definitive Agreement for the Sale of its STX Entertainment Subsidiary to The Najafi Companies

Retrieved on: 
Tuesday, December 7, 2021
Entertainment, General Entertainment, TV and Radio, Film & Motion Pictures, Online, Mobile Entertainment, NYSE, Company, OTT, Piracy, Securities Act of 1933, ErosSTX, Closing, Failure, Television, Collection, Coronavirus, Industry, Securities Exchange Act of 1934, Lazard, Credit agreements in South Africa, Eros Now, Kirkland & Ellis, Uncertainty, Communication, Gibson, Dunn & Crutcher, Intellectual property, STX, Music, Jahm Najafi, Mission statement, Eros International, Sale, Annual report, Social media, Acquisition, Sport, STX Entertainment, Investment, Risk management, Eros STX Global Corporation, The Najafi Companies, EROS STX GLOBAL CORPORATION, THE NAJAFI COMPANIES

At the closing of the transaction contemplated by the purchase agreement, an affiliate of Najafi will acquire STX Entertainment through the purchase of all of the issued and outstanding shares of common stock of a parent entity of STX Entertainment and wholly-owned subsidiary of ESGC.

Key Points: 
  • At the closing of the transaction contemplated by the purchase agreement, an affiliate of Najafi will acquire STX Entertainment through the purchase of all of the issued and outstanding shares of common stock of a parent entity of STX Entertainment and wholly-owned subsidiary of ESGC.
  • Under specified circumstances set forth in the purchase agreement, Najafi will be required to pay ESGC a termination fee of $4.5 million (less the $2 million Najafi deposit) if Najafi fails to close the transaction.
  • The transaction with Najafi is subject to customary closing conditions, including its lenders confirmatory due diligence.
  • The Najafi Companies, based in Phoenix with offices in Los Angeles and New York, is an entrepreneurially driven private investment company founded by Jahm Najafi in 2002.

ErosSTX Enters into Exclusive Negotiations for the Sale of its STX Entertainment Subsidiary and Extends STX Debt

Retrieved on: 
Tuesday, November 16, 2021
Film & Motion Pictures, General Entertainment, Other Entertainment, Entertainment, TV and Radio, Credit agreements in South Africa, Mission statement, Securities Exchange Act of 1934, Mergers and acquisitions, Industry, ErosSTX, Music, Coronavirus, STX Entertainment, Social media, Securities Act of 1933, Annual report, OTT, Eros International, LLC, Sale, Acquisition, Television, Company, Disclosure, Eros Now, Credit, Collection, NYSE, STX, Forward, Communication, Uncertainty, Risk, Lazard, Intellectual property, Risk management

Eros STX Global Corporation (NYSE: ESGC) (ErosSTX or the Company) today announced that it has entered into exclusive negotiations with a third party for the sale of its STX Entertainment subsidiary, during which the parties will conduct mutual diligence and negotiate definitive agreements.

Key Points: 
  • Eros STX Global Corporation (NYSE: ESGC) (ErosSTX or the Company) today announced that it has entered into exclusive negotiations with a third party for the sale of its STX Entertainment subsidiary, during which the parties will conduct mutual diligence and negotiate definitive agreements.
  • The Company has engaged Lazard as a financial advisor to assist in the sale process.
  • There can be no assurance that the negotiations or any process will result in a transaction.
  • The Company does not intend to provide announcements or updates unless or until it determines that further disclosure is appropriate or necessary.