Eros Now Reaches 5 Million Paying Subscribers, Y-o-Y Growth of 150%
EROS INTL PLC (EROS)
Last eros intl plc earnings: 11/15 07:45 am
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Source: Business Wire
Company reiterates guidance for FY18 target of 6-8 million paying subscribers, and expects to double the base in FY19 ISLE OF MAN, United Kingdom--(BUSINESS WIRE)-- Eros International PLC (NYSE:EROS) (“Eros”), a leading global company in the Indian film entertainment industry, announced today that Eros Now, its cutting edge digital over-the-top (OTT) South Asian entertainment platform has reached 80 million registered users and 5 million paying subscribers worldwide as of December 31, 2017, over 150% growth, up from 2 million at the end of CY 2016. Thriving on its platform agnostic strategy, Eros Now has partnered with leading players worldwide to expand its offerings, including Amazon Channels across the US and UK, Roku in the United States, Canada and UK and T-Mobile in the United States. The Company most recently partnered with LG for its Smart TVs worldwide. With exponential growth an
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