Announces industry-leading pipeline of more
than 50 films across 8 languages and over 40 directors on
board
Eros International Plc (NYSE:EROS) (“Eros”), a leading global
company in the Indian film entertainment industry, announced today
that its majority-owned subsidiary, Eros International Media
Limited, released its current film production lineup for 2017-18.
The Company plans to produce over 50 films across multiple
languages, making it the largest slate by any Indian studio this
year, offering a diversified slate of marquee and content-driven
films. In addition to this strong production slate, the Company
will also continue to selectively acquire content on an
opportunistic basis.
The company has ramped up its own productions with an exciting
lineup under development, encompassing a significant number of
releases across budgets, genres and languages through key
partnerships. These partnerships include talented
producer-director, Aanand L Rai and their joint production entity
Colour Yellow Production, NextGen Films and
Trinity Pictures, Eros’ in-house franchise label.
Commenting on the company’s strong pipeline, Sunil Lulla,
Managing Director, Eros International Media Ltd said,
“We are delighted to collaborate with some of the best creative
forces in the business and build a strong portfolio of films. We
continue to see great opportunity in nurturing talent, creating IP
in-house and remain focused on delivering our promise to provide
wholesome entertainment to audiences with the right mix of popular
and content driven cinema”.
Following the critical and commercial successes of Raanjhanaa,
Tanu Weds Manu Returns, Nil Battey Sannata and Happy Bhag Jayegi,
Eros continues its association with Aanand L Rai and will roll out
eight more titles with Colour Yellow which include Rai’s
directorial venture starring Shah Rukh Khan, a quirky romantic
comedy Shubh Mangal Savdhaan by south director RS Prasanna and two
films, Mukkebaz and Manmarziyaan, will be helmed by Anurag Kashyap
and Rahul Sankalya's Nimmo. Following the success of Happy Bhag
Jayegi, director Mudassar Aziz will reunite on a film he will
direct along with another interesting collaboration
with Navdeep Singh (of NH10 and Manorama Six Feet Under fame)
for a project that is currently in the scripting stage.
Additionally, a Malayalam film Moothon starring Nivin Pauly that
Rai will be co-producing with Ajay Rai and Alan McAlex, to be
directed by Geetu Mohandas, who’s last film Liar's Dice was India’s
official entry at the 87th Academy Awards is also in the pipeline
from the banner.
Speaking on the association, Aanand L Rai said, “Eros and
Colour Yellow share an amazing synergy which reflects in the kind
of films we make together, showcasing Indian ethos that touch
hearts. What makes this association special is how, as partners,
the teams bond and celebrate each project together”.
Eros' new slate also boasts of five films in association with
NextGen Films, namely the blockbuster actor-director duo—Tiger
Shroff and Sabbir Khan’s action-packed musical Munna Michael,
Sushant Singh Rajput’s space odyssey Chandamama Door Ke, directed
by Sanjay Puran Singh and directors Rahul Dholakia and Sabbir
Khan’s next projects along with another project titled Make in
India to be announced soon.
Director Rahul Dholakia adds, “Eros and NextGen are very
established film companies and I am looking forward to partnering
with them in my next venture”.
Trinity Pictures, the company’s visionary venture and in-house
franchise label has five franchises across new and diverse genres
lined up in the next couple of years— a spy-superhero film, Sniff
directed by Amole Gupte, a live action bilingual (Hindi and Tamil)
elephant film to be directed by multiple award winning Tamil
director, Prabhu Solomon, ace director Krish’s buddy cop film which
will be shot in Hindi and Tamil simultaneously, featuring popular
lead actors from both South and Bollywood and two Indo-China
co-productions, a first for any Indian studio—Kabir Khan’s travel
drama and Siddharth Anand’s cross-cultural romantic comedy.
“It’s exciting to jointly develop the Indo-China project with
Eros and I hope we create new milestones together. This project
will reach out to a much wider audience, new geographies and
territories opening up the fastest growing film market of the
world, China”, added director Kabir Khan.
Eros will release the much-awaited third instalment of the
popular Sarkar franchise, Ram Gopal Varma’s Sarkar 3 and Vikram
Motwane’s vigilante drama Bhavesh Joshi with Phantom Films this
year. With a focus on creating fresh concepts in new spaces, Eros
is working with a pool of talented and established directors on
board including Homi Adajania and Sriram Raghavan (Badlapur 2) in
association with producer Dinesh Vijan of Maddock Films, Sujay
Ghosh (Reunion), Raj & DK (Farzi) among others. A sequel to hit
political thriller drama Nayak - Nayak 2 penned down by K.V.
Vijayendra Prasad of Baahubali & Bajrangi Bhaijaan fame will
also go on floor this year.
The Indian studio also continues to expand its regional presence
this year with more than 25 releases across Bengali, Marathi,
Tamil, Telugu, Malayalam and Punjabi. Following their double
success together with Bengali films Belaseshe and Praktan, Eros
will release director duo Shiboprasad Mukherjee and Nandita Roy’s
Posto this year. Also on the anvil is director Moinak Bhowmik’s
Bibaho Diaries, Double Feluda director Sandip Ray’s next, two
projects by Sujoy Ghosh, Kamleshwar Mukherjee’s Goodnight City and
a project each by directors Ranjan Ghosh, Raja Chandra and Rabi
Kinagi.
The company has also greenlit two Telugu projects by ace
directors Chandu Mondeti (of Premam fame) and Maruti in association
with IDream’s production division.
Also, slated to release are four Marathi films - Baghtos Kay
Mujra Kar by Hemant Dhome which makes a strong statement on the
current state of Shivaji’s forts across Maharashtra, sequel to the
hit Coffee Ani Barach Kahi by Prakash Kunte and another two films
in association with Everest Entertainment.
Eros’ Tamil slate will offer a range of titles by established
directors as well as new talent which include Ramu Chellapa’s
Enkitta Mothathe, Suresh Sangiah’s Oru Kidayin Karunai Manu,
Manikandan’s Kadasi Vivasayi, Bharath Krishna’s Nervazhi and
another project with director Venkat Prabhu.
Following the release of the legendary tales of Char Sahibzaade
and Banda Singh Bahadur, the company has also announced Punjabi
films - 3D animation Guru Tegh Bahadur and Jaita, to be
directed by Harry Baweja.
Following the success of its Malayalam releases like Happy
Wedding, IDI etc., Eros continues to make successful inroad into
Malayalam cinema with multiple releases coming up including C/o
Saira Banu starring Manju Warrier, Amala Akineni, directed by
Antony Sony Sebastian, Ranjan Pramod’s Rakshadhikari Baiju Oppu
with Biju Menon and Aju Varghese as leads, Sunday Holiday directed
by Jis Joy starring Asif Ali, Sreenivasan, Lal Jose and Asha
Sharath and another film to be directed by Thomas Sebastian.
This year will also see Eros’ debut into Kannada cinema with the
release of Aake in association with K S Dreams and Nakshatra
Productions, directed by K M Chaitanya and starring Chiranjeevi
Sarja and Sharmila Mandre.
Speaking on his association with Eros, leading Bengali director
Shiboprasad Mukherjee said, “It’s been great to partner with
Eros who recognize the importance and potential of regional cinema,
opening newer markets in India and overseas”.
Jyoti Deshpande, Group CEO, Eros International PLC,
commented “With this film slate, Eros demonstrates two
fundamental strengths, firstly its firm footing on a dominant
market leadership position built on the pillar of a wide, diverse
portfolio of films and secondly its ability to foresee market
trends and adapt swiftly to step up its own production and
co-production model over the content acquisition model. While the
demonetization in India was a temporary cloud over the business
affecting footfalls in the short run, we see great opportunities
including a cashless economy driving accelerated adoption of Eros
Now, one of the leading OTT services in India with over 2 million
paying subscribers and over 55 million users worldwide. A
compelling film slate with winning budgets and not just winning
scripts, backed with a well-oiled global distribution network that
consistently opens new markets for Bollywood coupled with strong
pre-sales and a game-changing early mover Eros Now digital
strategy, positions Eros uniquely to capitalize on the rapidly
growing Indian entertainment sector.”
About Eros International Plc
Eros International Plc (NYSE: EROS) is a leading global company
in the Indian film entertainment industry that acquires,
co-produces and distributes Indian films across all available
formats such as cinema, television and digital new media. Eros
International Plc became the first Indian media company to list on
the New York Stock Exchange. Eros International has experience of
over three decades in establishing a global platform for Indian
cinema. The Company has an extensive and growing movie library
comprising of over 3,000 films, which include Hindi, Tamil, and
other regional language films for home entertainment distribution.
The Company also owns the rapidly growing OTT platform Eros Now. In
2015, 3 out of the top 4 box office films and 7 out of the top 15
box office films were from Eros. For further information, please
visit: www.erosplc.com.
View source
version on businesswire.com: http://www.businesswire.com/news/home/20170111005641/en/
Eros International PlcMark Carbeck, +44 207 258 9909Chief
Corporate and Strategy Officermark.carbeck@erosintl.comorSloane
& CompanyErica Bartsch, 212-446-1875ebartsch@sloanepr.com
Eros (NYSE:EROS)
Historical Stock Chart
From Apr 2024 to May 2024
Eros (NYSE:EROS)
Historical Stock Chart
From May 2023 to May 2024