Press Release

Eros Now partners with Global Networks Infocom to further strengthen reach in India

Eros Now, a leading over-the-top (OTT) South Asian entertainment platform owned by Eros STX Global Corporation (NYSE: ESGC) (“ErosSTX” or “the Company”), a global entertainment company, today announced that it has partnered with Global Networks Infocom Pvt Ltd (GNIPL), supplier of IT Infra & Network Equipment along with Value Added Services to Internet Service Providers, TELCOs, System Integrators across India through its brand called Globenet.Following this, Eros Now’s endless entertainment of largest movie library (over 12,000 digital titles), as well as premium original episodic series, music videos, unmatched in quantity and quality will be available to the GNI PL’s vast customer base across India.

Globenet, with unique and innovative services, offers a quality customer experience designed for all kinds of audiences. The company will bundle Eros Now’s yearly subscription packs along with their products and services and distribute it to its premium customer base nationally.

 

Commenting on the partnership, Manpreet Bumrah, Senior Vice President Eros Now and Business Head Tech zone, says, “Over the past year, we have seen a radical change in consumer behavior. People are more inclined towards watching new content online as they spend more time at home. With our partnerships with service providers, we are looking at benefitting these consumers by offering a plethora of content and expanding our national reach.”

 

Harshal Dalal, DirectorGLOBENET shared, “India is currently an OTT driven market, and we are delighted to announce our partnership with Eros Now – one of the leading OTT players in India. Through this partnership, we aim to create a holistic digital ecosystem and offer unlimited entertainment with bundled services to our customers.”

 

According to a recent study by consultancy firm Ovum, India has one of the highest number of users with carrier-bundled paid media services. As a value-conscious country, Indians are drawn to service providers offering multiple streaming services, whether for mobile or broadband connections on smart TVs. Carrier-bundled media services provide users with options and encourage consumption, thus maintaining a loyal consumer base.

 

About Eros STX Global Corporation:

Eros STX Global Corporation, (“ErosSTX”) (NYSE: ESGC) 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. Eros International Plc changed its name to Eros STX Global Corporation pursuant to the July 2020 merger with STX Entertainment, merging two international media and entertainment groups. The combination of one of the largest Indian OTT players and premier studio with one of Hollywood’s fastest-growing independent media companies has created an entertainment powerhouse with a presence in over 150 countries. ErosSTX 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 13 languages with over 19 million premium paid subscribers, 20.9 million base paid subscribers and 224 million registered users as of March 31, 2021.

For further information, please visit ErosSTX.com.

About Eros Now:

Eros Now, a division of Eros STX Global Corporation, is the world’s leading Indian OTT platform with over 19 million premium paid subscribers, 20.9 million base paid subscribers and 224 million registered users from over 150 countries across the world. It offers endless entertainment hosting one of the largest movie libraries (over 12,000 digital titles), as well as premium original episodic series, music videos, unmatched in quantity and quality. Eros Now also has a deep library of short-form content, totalling over 4,400 short-form videos including trailers and original short exclusive interviews. To date Eros Now has successfully premiered over 180 films in 13 languages including Hindi, Tamil, Bengali, Marathi, Gujarati, Malayalam, Telugu, Punjabi and more. Eros Now was named as the ‘Best OTT Platform of the Year 2019’ at British Asian Media Awards. The platform has also won awards for original content and marketing at the SCREENXX 2020.

To access Eros Now please visit: www.erosnow.com or download the application.

About GNIPL:

Globenet has been providing quality & cost effect solutions to ISPs & Enterprise segment since 2015. With a vast experienced techno-commercial team it has been providing solutions to empower business houses to enhance their profitable growth.

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