reports
ErosSTX Receives NYSE Extension for Delayed Annual Report and Regains ...
DOUGLAS, Isle of Man & BURBANK, Calif.--(BUSINESS WIRE)-- Eros STX Global Corporation (NYSE: ESGC) (“ErosSTX”, the “Company”) today announced that the New York Stock Exchange (the “NYSE”) granted the Company an extension through May 31, 2022, subject to reassessment on an ongoing basis, to complete and file with the Securities and Exchange Commission its annual report on Form 20-F for the fiscal year ended March 31, 2021 and any subsequent delayed filings. The NYSE notified the Company that it will closely monitor the Company’s progress with the interim milestones the Company previously submi...
Eros Now and Airtel Xstream Premium Announce Unique Partnership for Vi...
MUMBAI, India--(BUSINESS WIRE)-- 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 expanded its partnership with Airtel, India's premier communications solutions provider, to bring the vast Eros Now OTT content library to Airtel Xstream Premium, a new aggregation oriented video streaming service launched by Airtel. The symbiotic partnership allows Eros Now to expand its reach further by tapping into Airtel's 300+ million customer ...
STXfilms: Adam Driver, Penélope Cruz and Shailene Woodley Join Michael...
BURBANK, Calif.--(BUSINESS WIRE)-- Academy Award®-nominee Michael Mann (Collateral, Public Enemies, Heat) has cast Academy Award® nominee Adam Driver (Marriage Story, Star Wars) and Academy Award® winner Penélope Cruz (Parallel Mothers, Vicky Cristina Barcelona) as Enzo and Laura Ferrari and Shailene Woodley (Big Little Lies, The Descendants) as Lina Lardi in his highly anticipated film Ferrari. Mann will direct from a script written by Troy Kennedy Martin (The Italian Job) and Mann based on Brock Yates’ book Enzo Ferrari – The Man and the Machine. Mann will produce via his Moto Productions ba...
ErosSTX Announces Reverse Stock Split
DOUGLAS, Isle of Man & BURBANK, Calif.--(BUSINESS WIRE)-- Eros STX Global Corporation (NYSE: ESGC) (“ErosSTX”, the “Company”, “we” or “our”) today announced that its Board of Directors has approved a one-for-twenty reverse split of its issued and outstanding A and B ordinary shares (the "Reverse Stock Split"). The Reverse Stock Split will become effective as of 5:00 p.m. Eastern Time on February 7, 2022 (the "Effective Date"), and the Company's A ordinary shares are expected to begin trading on a post-split basis when the market opens on February 8, 2022. The Company's A ordinary shares will ...
ErosSTX Enters Into a Definitive Agreement for the Sale of its STX Ent...
DOUGLAS, Isle of Man & BURBANK, Calif.--(BUSINESS WIRE)-- Eros STX Global Corporation (NYSE: ESGC) (“ErosSTX”, “ESGC”, the “Company”, “we” or “our”), a global entertainment company, today announced it has entered into a definitive agreement to sell its STX Entertainment subsidiary (“STX Entertainment”), to an affiliate of The Najafi Companies (“Najafi”), an entrepreneurial and mission-driven private investment company with significant holdings in consumer, media, talent-driven brands, ecommerce, tech, and sports. Transaction At the closing of the transaction contemplated by the purchase agre...
ErosSTX Enters into Exclusive Negotiations for the Sale of its STX Ent...
DOUGLAS, Isle of Man & BURBANK, Calif.--(BUSINESS WIRE)-- Eros STX Global Corporation (NYSE: ESGC) (“ErosSTX” or the “Company”) today announced that it has entered into exclusive negotiations with a third party for the sale of its STX Entertainment subsidiary, during which the parties will conduct mutual diligence and negotiate definitive agreements. The Company has engaged Lazard as a financial advisor to assist in the sale process. There can be no assurance that the negotiations or any process will result in a transaction. The Company does not intend to provide announcements or updates unle...
Eros Now Launches a Bollywood Film Festival on Facebook Powered by Mza...
MUMBAI, India--(BUSINESS WIRE)-- 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, is launching a month-long Bollywood Film Festival on Facebook Watch this Diwali. As part of this collaboration, Eros Now will premiere a movie every day from its massive library of over 12,000 Indian films and stream them on page from 3rd November to 2nd December. The movies will be powered by Mzaalo, a blockchain-based video streaming application in the gamified video and ente...
ErosSTX’s UK Bondholders Approved the Amendment to Extend the Maturity...
DOUGLAS, Isle of Man & BURBANK, Calif.--(BUSINESS WIRE)-- Eros STX Global Corporation (NYSE: ESGC) (“ErosSTX” or the “Company”) announces that bondholders of its £50 million ($69 million) 6.50% UK retail bonds due 2021 (the “UK Retail Bonds”) approved the proposed modifications and waivers to the UK Retail Bonds at the adjourned meeting of bondholders held on September 20, 2021. These modifications and waivers include, among other things, (i) an extension of the maturity date from October 15, 2021 to April 15, 2023; (ii) an increase in the interest rate from 6.5% to 8.5%, effective as of Octo...
STXfilms Closes Deals for Peacock and The Roku Channel to Premiere Mis...
BURBANK, Calif.--(BUSINESS WIRE)-- STXfilms, a division of Eros STX Global Corporation (NYSE: ESGC) (“ErosSTX”), has reached deals with Peacock and Roku® to debut the highly anticipated missing-person thriller My Son, starring James McAvoy and Claire Foy. The film, an English-language remake of the hit French thriller, is directed by Christian Carion, who also directed the French film. The announcement was made today by Adam Fogelson, Chairman of the STXfilms Motion Picture Group. As part of the innovative deal, the partnership will allow both services to share windows throughout the term. Th...
ErosSTX Provides Update about its UK Retail Bond Amendments
DOUGLAS, Isle of Man & BURBANK, Calif.--(BUSINESS WIRE)-- Eros STX Global Corporation (NYSE: ESGC) (“ErosSTX” or the “Company”) is providing an update on the previously announced proposed amendments to its £50 million ($69 million) 6.50% UK retail bonds that mature on October 15, 2021 (the “UK Retail Bonds”). The Company previously submitted a request to bondholders to, among other things, extend the fiscal 2021 financial statement delivery date from July 31, 2021 to November 30, 2021, as well as to extend the maturity date of the bonds to April 15, 2023, as disclosed in the Company’s Form 6-...
Global Indian Icon Deepika Padukone to Star in an Upcoming Cross-Cultu...
BURBANK, Calif.--(BUSINESS WIRE)-- STXfilms, a division of Eros STX Global Corporation (NYSE: ESGC) (“ErosSTX”), announced today the company is developing a romantic comedy for global Indian icon Deepika Padukone, who will also produce the upcoming film through her Ka Productions banner. The announcement was made today by Adam Fogelson, chairman, STXfilms Motion Picture Group. The studio is also in negotiations with Temple Hill Productions Wyck Godfrey and Marty Bowen (the Twilight franchise, The Fault in Our Stars, "Love, Simon") to develop the project, which will be a sweeping cross-cultura...
ErosSTX Receives Notification from NYSE Regarding its Annual Report Fi...
DOUGLAS, Isle of Man & BURBANK, Calif.--(BUSINESS WIRE)-- Eros STX Global Corporation (NYSE: ESGC) (“ErosSTX” or the “Company”) announces that the New York Stock Exchange (the “NYSE”) notified the Company that it is not in compliance with the NYSE Listed Company Manual listing requirements for (i) the timely filing of its Annual Report and (ii) the minimum trading price for its common stock. Such notifications are standard operating procedure for the NYSE in such situations, as is this announcement by the Company. The NYSE notifications have no immediate impact on the listing of the Company’s...
ErosSTX and Amazon Prime Video Expand Strategic Output Deal to South A...
DOUGLAS, Isle of Man & BURBANK, Calif.--(BUSINESS WIRE)-- Eros STX Global Corporation (NYSE: ESGC) and Amazon Prime Video announced yesterday they have closed a multi-year first window output deal in South Africa, effective immediately. This deal expands on the existing strategic pan-European output partnership the two companies struck in the UK, France, Italy and most recently Scandinavia, in 2021. At the same time, longstanding South African distributor Empire Entertainment and STX have renewed their theatrical output deal, first struck in 2015. The partnership has proven extremely successf...
ErosSTX Files an Extension for its Fiscal 2021 Annual Report; Provides...
DOUGLAS, Isle of Man & BURBANK, Calif.--(BUSINESS WIRE)-- Eros STX Global Corporation (NYSE: ESGC) (“ErosSTX” or the “Company”) filed a Form 12b-25 with the SEC regarding an extension of the filing deadline for the Company’s Annual Report on Form 20-F for fiscal 2021 (ended March 31, 2021), which was originally due on August 2, 2021 (within four months of the end of the fiscal year). The Form 12b-25 filing automatically grants the Company a 15-day extension to file its Annual Report on or before August 17, 2021. In addition, the Company is providing an update on its debt restructuring. Form 1...
Eros Now Expands Existing AVOD Partnership with Xfinite’s Mzaalo Platf...
MUMBAI, India--(BUSINESS WIRE)-- 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, announced details of its amended partnership with Mzaalo, a gamified video streaming service owned by Xfinite Global Plc (“Xfinite”). The partnership further establishes Eros Now’s footprint in advertising video on-demand (AVOD), a still-developing segment of the India streaming market that has significant growth potential, while allowing Eros Now to continue building its core s...
Eros Now Outlines Detailed Operating Metrics for Fiscal Year 2021 and ...
MUMBAI, India--(BUSINESS WIRE)-- 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 released an update on forward guidance as well as detailed operating metrics for the fiscal year ended March 31, 2021. As of March 31, 2021, Eros Now had 39.9 million total paid subscribers (including both Premium Paid subscribers and Base Paid subscribers, as defined below) and 224.0 million registered users worldwide. This represents 10.6 million net new paid subscriber...
ErosSTX Issues Update on the Release of Financial Results
DOUGLAS, Isle of Man & BURBANK, Calif.--(BUSINESS WIRE)-- Eros STX Global Corporation (“ErosSTX” or the “Company”) issued on March 31, 2021 its unaudited consolidated income statement and balance sheet as of and for the six months ended September 30, 2020, in accordance with the New York Stock Exchange semi-annual financial statement reporting requirement for foreign private issuers. It also announced that to supplement that required submission, it would file full unaudited consolidated financial statements for that same period by April 30, 2021. The Company will not be making this supplementa...
Eros STX Global Corporation Announces Settlement Agreement with Manuel...
DOUGLAS, Isle of Man & BURBANK, Calif.--(BUSINESS WIRE)-- Eros STX Global Corporation (“ErosSTX” or the “Company”) (NYSE: ESGC), a global entertainment company, is pleased to announce today that it has reached a settlement favorably resolving all matters with Manuel P. Asensio, Asensio & Company, Inc., and Mill Rock Advisors, Inc. As previously disclosed, on September 29, 2017, Eros International Plc, a predecessor of ErosSTX, filed a lawsuit in New York state court against Mr. Asensio, a well-known short-seller, and several of his companies in connection with statements that Mr. Asensio made...
ErosSTX Issues Fiscal 2021 Interim Results for the Six Months Ended Se...
DOUGLAS, Isle of Man & BURBANK, Calif.--(BUSINESS WIRE)-- Eros STX Global Corporation (NYSE: ESGC) (“ErosSTX” or the “Company”), a global entertainment company, today issued its unaudited consolidated income statement and balance sheet as of and for the six months ended September 30, 2020, pursuant to the New York Stock Exchange semi-annual financial statement reporting requirement. These financial statements are available in the Form 6-K furnished today to the SEC. The Company is in the process of finalizing its complete financial statements for the six months ended September 30, 2020. Compl...
Eros Now Leverages Google Cloud for Artificial Intelligence Led Produc...
MUMBAI, India--(BUSINESS WIRE)-- Eros STX Global Corporation (NYSE: ESGC) (“ErosSTX”), a global entertainment company, announced today that Eros Now, a leading digital OTT South Asian entertainment platform owned by ErosSTX, has collaborated with Google Cloud to use its Artificial Intelligence (AI) technology for streaming the entire range of Eros Now movies and originals with automated subtitles. With this initiative, Eros Now becomes the first streaming service globally to automate this previously manual and demanding workflow with the help of Google Cloud technologies. With the use of AI f...
Unfortunately, this report is not available for the investor type or country you selected.
Report is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.