Eros International stalls its television entry, plans to focus on digital platform ErosNow
Eros International Media Limited has decided to temporarily dismiss its plan to foray into the television industry, a move it announced earlier to set up a movie and music channel at an investment of $50 million. As a part of this proposal, Eros was planning to acquire B4U channel. The plan was dropped due to an opposition from Knight Assets & Co., a three percent stakeholder of the company. According... Read More