Top 10 Media and Broadcasting Companies in India 2015
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5. Eros International Media Ltd
Eros International Media Ltd, a part of the Eros Group, was incorporated in 1994 as a private limited company with the name Rishima International Pvt Ltd.
It is a global player within the Indian media and entertainment sector. It has offices in India, UK, USA, UAE, Singapore, etc. and earns revenues through various businesses such as home entertainment, theatres, television and digital new media.
They source Indian film content across various Indian languages and earn revenues through home entertainment distribution in India, Nepal and Bhutan. They source the content mainly through acquisitions from third parties and co-productions. The acquisition can be attained at various stages of film production, or also co-produce films from inception. They have rights to over 1000 films including Mughal-e-Azam, Lage Raho Munnabhai,etc.
The company earns its major revenues by distributing Indin film content through multiple formats such as theatres, home entertainment(in the form of DVDs, VCDs and audio CDs), and television syndication, involving licensing the broadcasting rights to popular satellite television broadcasting channels, cable television channels and terrestrial television channels.
The company entered into a strategic tie-ups with Star Network and T Series to be a part of their new ventures. It is currently led by Sunil Lulla and reported more than double PAT at Rs. 195.32 crores Q3-FY15 from Rs.158.30 crores in 9M-2014.