TIDMEROS
Eros International PLC
06 December 2012
Eros International Plc ("Eros" or the "Company")
HBO ASIA AND EROS INTERNATIONAL TO LAUNCH
2 PREMIUM TELEVISION CHANNELS IN INDIA
London, 6(th) December 2012 - HBO Asia, the regional pay TV
leader and Eros International Plc, a leading global company in the
Indian film entertainment industry, today made a joint announcement
to launch two new premium advertising-free movie channels, HBO
DEFINED and HBO HITS, in India.
This landmark collaboration between two entertainment giants
brings the best of Hollywood and Bollywood together to redefine the
pay TV movie space in India.
This first ever exclusive alliance will also provide for the
development of both HBO's existing formats for India as well as the
creation of original content for the Indian television market and
international distribution.
Kishore Lulla, Executive Chairman of Eros International plc
said, "I am very excited about building the Eros brand in Premium
Pay Television, particularly with an industry leader such as HBO
Asia. There are few global companies that have mastered the premium
film and TV space like HBO and their global success says it all. We
look forward to cultivating new spaces together in India and
especially the development of HBO content for TV and online."
Jonathan Spink, CEO of HBO Asia, said, "The opportunity to work
with Eros, who has such a visibly dominant presence in the Indian
film and entertainment arena, is tremendous and together we will
aim to deliver a first class cinema experience in the comfort of
your home, 100% advertising free. We are equally excited to work
with Eros in developing compelling original content for the Indian
audience. We look forward to more good things to come."
More details on the channels, including launch dates, will be
released later.
For further information, please contact:
Eros International Plc
Andrew Heffernan
Chief Financial Officer
T: +44 (0)20 7258 9892
Sean Hanafin
Chief Corporate & Strategy Officer
T: +44 (0)20 7258 9909
Jamie M.M. Kirkwood
Group Communications & Investor Relations
T: +44 (0)20 7258 9906
Investec Bank plc
Nominated Adviser & Joint Broker
Jeremy Ellis / Patrick Robb / Carlton Nelson
T: +44 (0) 20 7597 5000
Peel Hunt LLP
Joint broker
Richard Kauffer / Daniel Harris
T: +44 (0) 20 7418 8900
Pelham Bell Pottinger
Nick Lambert / Victoria Geoghegan / Elizabeth Snow
T: +44 (0) 20 7861 3232
About Eros International Plc
-- Eros co-produces, acquires and distributes Indian language
films, in multiple formats worldwide
-- In 2006, Eros listed its shares on the AIM Market of the London Stock Exchange
-- In October 2010, Eros International listed its Indian
subsidiary Eros International Media on the BSE & NSE in
India
-- Eros operates in over 50 countries, with offices throughout
India, the United Kingdom, USA, UAE, Singapore, Australia, Fiji and
the Isle of Man
About HBO Asia
HBO Asia is able to bring the best of Hollywood to Asia first
because of its exclusive licensing deals with major Hollywood
studios. In addition to the proprietary and award-winning HBO
Original programs that are produced exclusively for HBO viewers,
HBO Asia works with a large number of major independent production
companies to secure exclusive rights to a host of quality movies.
In Asia, HBO Asia offers five subscription movie channels with
uninterrupted programming in SD and HD formats - HBO, HBO
SIGNATURE, HBO FAMILY, HBO HITS and CINEMAX - as well as a
subscription video-on-demand service, HBO ON DEMAND. In South Asia,
it offers HBO, HBO DEFINED and HBO HITS in SD and HD formats. HBO
Asia is a joint venture of HBO (a Time Warner company) and
Paramount. For more information, please visit: www.hboasia.com or
www.hbosouthasia.com.
A registration statement relating to Eros' A Ordinary Shares has
been filed with the United States Securities and Exchange
Commission, but has not yet become effective. These securities may
not be sold nor may offers to buy be accepted prior to the time the
registration statement becomes effective. This press release shall
not constitute an offer to sell or a solicitation of an offer to
buy nor shall there be any offer or sale of these securities in any
jurisdiction in which such offer, solicitation or sale would be
unlawful prior to registration or qualification under the
securities laws of such jurisdiction.
Some of the information presented in this press release and in
related comments by Eros' management contains forward-looking
statements. In some cases, these forward-looking statements are
identified by terms and phrases such as "aim," "anticipate,"
"believe," "feel," "contemplate," "intend," "estimate," "expect,"
"continue," "should," "could," "may," "plan," "project," "predict,"
"will," "future," "goal," "objective," and similar expressions and
include references to assumptions and relate to Eros' future
prospects, developments and business strategies. Similarly,
statements that describe Eros' strategies, objectives, plans or
goals and statements regarding the proposed offering and the
anticipated costs of these transactions are forward-looking
statements and are based on information available to Eros as of the
date of this press release. Forward-looking statements are subject
to risks, uncertainties and assumptions that could cause actual
results to differ materially from those contemplated by the
relevant statement. Such risks and uncertainties include a variety
of factors, some of which are beyond Eros' control, including
market conditions. Information concerning these and other factors
that could cause results to differ materially from those contained
in the forward-looking statements is contained under the caption
"Risk Factors" in Eros' Registration Statement on Form F-1 filed
with the U.S. Securities and Exchange Commission. Eros undertakes
no obligation to revise the forward-looking statements included in
herein to reflect any future events or circumstances, except as
required by law. Eros' actual results, performance or achievements
could differ materially from the results expressed in, or implied
by, these forward-looking statements.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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