Eros STX Global is a global entertainment company that acquires, co-produces and distributes films, digital content & music.
Eros STX Global is a global entertainment company that acquires, co-produces and distributes films, digital content & music across multiple formats such as theatrical, television and OTT digital media streaming to consumers around the world. The company was formed in July 2020 through the merger of two international media and entertainment groups, Eros International Plc and STX Entertainment. Merging the largest Indian OTT player and premiere studio with one of Hollywood’s fastest-growing independent media companies has created an entertainment powerhouse with a presence in over 150 countries. Eros STX delivers star-driven premium feature film and episodic content across a multitude of platforms at the intersection of the world's most dynamic and fastest growing global markets, including US, India, Middle East Asia and China. The Company also owns the rapidly growing OTT platform Eros Now which has rights to over 12,000 films across Hindi and regional languages, and had 196.8 million registered users and 29.3 million paying subscribers as of March 30th, 2020. The company launches its new ErosSTX.com site and logo in September.
Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
---|---|---|---|---|---|---|
Apr 17, 2020 | Post-IPO Debt | $350M | 1 | JP Morgan | — | Detail |
Apr 17, 2020 | Post-IPO Equity | $125M | 1 | — | — | Detail |
Investor Name | Lead Investor | Funding Round |
---|---|---|
JP Morgan | Yes | Post-IPO Debt |
TPG | — | Post-IPO Equity |