MxMIndia

Tag: Eros International Media Limited

  • Eros International has also appointed  Vijay Vaishnav as Chief Finance Officer at Eros Now and Bishwarup Chakrabarti as Legal-Head at Eros Digital

    Pradeep Dwivedi joins Eros India as CEO

    By A Correspondent

     

    Pradeep Dwivedi

    In Greek mythology, Eros is the god of love, the son of Aphrodite. And now comes the news that Pradeep Dwivedi, the M&E professional the industry loves, has joined Eros International Media Limited (EIML) as its Chief Executive Officer.

     

    EIML is a majority-owned subsidiary of Eros International Plc, a leading player in the global Indian film entertainment domain. Dwivedi, a popular, high profile and very visible face in the Indian A&M industry, will be, as per a communique, responsible for managing business growth and operations of the company and will also be responsible for all commercial negotiations and representations in various markets, forums, customers, vendors and regulatory authorities.

     

    Said Kishore Lulla, Executive Director, EIML and Executive Chairman and CEO of Eros International Plc, in a statement: “We are delighted to have Pradeep Dwivedi joining us as CEO at Eros India. His energy, leadership credentials and relationships across multiple industries and deep understanding of media & technology business will be an asset in driving our growth. I am looking forward to working with him in successfully executing our strategy”

     

    Added Dwivedi: “The Indian media and entertainment industry is poised for rapid transformation in the digital era and Eros India, with its strong legacy and innovative vision of Mr. Kishore Lulla, is all set to take advantage of the enormous market opportunities ahead. This provides a significant springboard to lead large-scale creation of value and business transformation. I am keen to work with all our stakeholders to accelerate growth and further success in the next exciting phase of its journey.”

     

    Dwivedi was until last year CEO of the Sakal Media Group, and before that was Chief Corporate Sales and Marketing Officer of the Dainik Bhaskar Group. He is a superactive officebearer of industry associations like the India chapter of the International Advertising Association (IAA) as well as of The Advertising Club.

     

    Meanwhile, Eros International has also appointed  Vijay Vaishnav as Chief Finance Officer at Eros Now and Bishwarup Chakrabarti as Legal-Head at Eros Digital.

     

     

  • RIL has announced joint partnership with Eros India to set up a Rs 1,000 crore (USD150 million) fund to co-produce and consolidate content

    RIL appoints Jyoti Deshpande to head M&E biz, acquires stake in Eros

    By A Correspondent

     

    Reliance Industries Limited and Eros International PLC have announced that RIL, through a subsidiary, has agreed to subscribe to a 5%  equity stake in the NYSE-listed Eros at a price of USD15 per share, which represents an 18% premium to last closing price. The transaction is subject to customary regulatory and other approvals.

     

    Furthermore, RIL and Eros International Media Limited (“Eros India”) announced that they have agreed to partner in India to jointly produce and consolidate content from across India. The parties will equally invest up to Rs 1,000 crores in aggregate (approximately USD150 million) to produce and acquire Indian films and digital originals across all languages.

     

    In addition, it was announced that Ms. Jyoti Deshpande, Group CEO and MD of Eros will be stepping down from her executive role after more than 17 years in Eros and move on to head the Media and Entertainment business at RIL as President of the Chairman’s Office. Deshpande will start her role at RIL from April 2018, but will continue to remain as a Non-Executive Director on the Board of Eros. Mr. Kishore Lulla will resume his position of Group Chairman and CEO of Eros.

     

    In her new role at RIL, Deshpande will lead the company’s initiatives in Media and Entertainment to organically build and grow businesses around the content ecosystem such as Broadcasting, Films, Sports, Music, Digital, Gaming, Animation etc., as well as integrate RIL’s existing media investments such as Viacom and Balaji Telefilms with a view to build, scale and consolidate the fragmented USD 20 billion Indian M&E sector.

     

    Said Mukesh Ambani, Chairman & Managing Director, RIL, in a statement: “We are pleased to join hands with Eros, as it will bring further synergies into our plans, making for a win-win partnership. We are delighted to welcome Ms. Jyoti Deshpande into the Reliance family and believe that she will not only give wings to our plans but also play a pivotal role in transforming the sector.”

     

     

  • The film along with its entertainment quotient aims to project a message of inspiring positive change in the society

    Eros partners Bagpiper Soda for Marathi movie ‘Guru’

    By A Correspondent

     

    Eros International Media Limited (Eros International) announced its one of a kind content partnership with United Spirits’ Bagpiper Soda, for the upcoming Marathi film ‘Guru’.

     

    Starring multi-talented actor Ankush Chaudhary and Urmila Kanetkar, ‘Guru’ will be directed by Sanjay Jadhav, based on a script by Ashish Parte. A film that dares to break the mould and take certain issues head on, ‘Guru’, is expected to go on floors by November 2015.

     

    The film along with its entertainment quotient aims to project a message of inspiring positive change in the society – the very purpose that Bagpiper Soda stands for. Through a unique association with Eros International, Bagpiper Soda will be an integrated partner across the film’s content, promotions and performance. Mindshare handles the media mandate for United Spirits Limited and has conceptualized this association for Bagpiper Soda.

     

    The association will see Bagpiper Soda promoting the film through a specially created TVC ad campaign with the lead actors and aligned with the basic plot of the film. The TVC will be on-air on regional Marathi channels through the production and promotion phase of the film. The movie will also include a song that resonates the film’s theme and Bagpiper Soda’s iconic message.

     

    Commenting on Bagpiper Soda’s new venture, Debashish Shyam, Sr. VP – Marketing, United Spirits said, “Bagpiper Soda has its soul entrenched in culture and there is no bigger medium that reflects popular ethos than Indian cinema. By becoming an integral part of a film like ‘Guru’ we will be able to spread Bagpiper Soda’s message of positive change to a much wider audience and also take our long-standing relationship with cinema to the next level. We are very happy to have excellent partners in Eros and Sanjay Jadhav for this venture.”

     

    Commenting on the association, Sameer Gogate, Chief Development Officer, Eros International Media Ltd said, “We are keen on partnering and promoting the best talent from the Marathi film industry. The association with Bagpiper Soda for ‘Guru’ will help drive the underlying message of the film which is to bring a radical change in society. ‘Guru’ promises to be an interesting journey and we are looking forward to supporting and nurturing such strong content driven films”.

     

    Prasanth Kumar, CEO Mindshare South Asia added, “We are very excited to have conceptualized and executed this ambitious and never done before initiative of co-creating a film with an iconic marque. Our strategic partnership with Bagpiper Soda and Eros International will change the game from content revolution to a new era of content evolution.”

     

     

    Sheela Foam Group