Up a massive 30% in last 2-3 trading sessions
excelbhai - a technical view point
http://stateofthemarket.net/2012/11/eros-media-boom/#more-6433
This guy throws up good ideas and frequently. I have decided to experiment with putting a small % of the portfolio into some of them. So far its been good.
excelbhai - a technical view point
http://stateofthemarket.net/2012/11/eros-media-boom/#more-6433
This guy throws up good ideas and frequently. I have decided to experiment with putting a small % of the portfolio into some of them. So far its been good.
| Eros International Media & Endemol India announce a strategic alliance to co-produce 3 films and television content |
|
The collaboration has earmarked Rs 100 crores to fund these 3 productions |
As a part of the three film deal, Eros International and Endemol India will be co-producing an action comedy which will be a remake of a south Indian blockbuster, an original romantic comedy and a comic caper. Targeted at bollywood enthusiasts across genres, the first film to be made will be a romantic comedy, which will go on floors later this year.
With Eros recently announcing their foray into premium television with HBO, television formats and original programming for television is another area that Eros and Endemol will collaborate on and many of Eros owned film intellectual property rights will be considered for adaptation for the television format and vice versa for Endemol owned intellectual property right.
While Endemol India is widely known for its versatile formats across genres, Eros International has a vast film library. This association between the two well established production houses marks the beginning of coming-of-age content creation.
Eros Media has declared Q3FY13 results which could be seen here -http://www.moneycontrol.com/livefeed_pdf/Feb2013/Eros_International_Media_Ltd1_120213_Rst.pdf.
For the first time in history they have declared a dividend (@1.5 per share). Also in this quarter they offloaded 2.5% of shares to public to comply to max 75% promoter holding. Does these developments clear some of the fog on corporate governance issues?