Eros International’s Bollywood Entertainment Platform Tops Two Million Subscribers

Eros International shares were up over 9% Thursday after the company said its Bollywood entertainment platform Eros Now has exceeded two million subscribers.

The company grew its user base through significant deals with all major telecom players in India offering 4G mobile services, including as Reliance Jio, Airtel, IDEA Cellular Network and more recently Vodafone (VOD), Eros said.

Eros Now will see the full-year benefit of these deals in fiscal 2018. Most of these contracts are long term deals averaging five years, it said.

Leave a Comment