Eros International Headed For London IPO

Sunday Times: Bollywood film group Eros International is heading for an IPO on London Stock Exchange, and looking to raise about $350 million. The business, which has Indian origins but today has offices in cities including London and New York, is the world’s largest distributor of Hindi-language film.
As well as arranging for Bollywood titles to be screened in cinemas, the company distributes films on video and DVD and has recently moved into producing its own films, too. The company has also moved into digital media, tying up with UK IPTV firm HomeChoice to supply movies and also recently tied up with Intel to supply movies through the new Intel Viiv platform. It also sells some downloads through its own site.
Related: Film Distributor Eros International Ties Up With Intel For Bollywood On Demand

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