Eros Looking For Buyers of Its Film Portfolio

Filmi Files Bureau

Well, Indian movie industry is surely going places whether it’s our films, our actors or even the way we market our films, we are all over the globe and day by day, we are growing. The latest addition to this growing bandwagon is the movie production and distribution giant EROS INTERNATIONAL who boasts of having films like Bajrangi Bhaijaan, BajiRao Mastani and Dabang in their kitty.

 News is that Eros International is in discussion with Apple, Netflix and Amazon to sell the rights of their 3000 plus film and music library. The deal could worth be around $1 billion as quoted by The Economic Times. Earlier Eros had attempted to buy the film and music library from Sony, Star India, Viacom and Zee.

 Although neither Eros or the other 3 have declined to comment on the news, however the shares of Eros International shot up more than 16% Monday on the reports of the talks. Let’s see what the future holds.

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