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EROS - Eros STX Sees Itself as a $1 Billion Business in 2022
Eros International PLC A
Eros STX Global(NYSE: EROS) says Bollywood is booming, which will help it realize 50% growth in monthly paying subscribers to its Eros Now over-the-top (OTT) streaming platform and generate $1 billion annually in revenue by the end of 2022.
It just completed its merger between Eros International, an Indian media and entertainment company, and STX Filmworks, a vertically integrated global media producer and marketer. Co-chairman and CEO Robert Simonds says Eros STX is poised to create a "truly global digital entertainment enterprise."