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Week starting brings in joint ventures forming not confirmed.

It was reported that Eros group is in primary discussion with Apple and other major such as Amazon, Netflix of selling some stakes or entire content library of film and music as it also confirms that talk is in early stages.
India’s economic times reported earlier in the day said that deal could be worth around $1billion.Eros India listed entity is the subsidiary of Eros PLC which owns approx73% in Eros India. As PLC manages the overseas distribution of films. Eros India is the main operating entity responsible for content creation and it so seems its library content has over 3000+Indian films (both Bollywood and regional block buster) However a spokesperson from Eros was not reachable, Apple said it does not comment on speculation Same gone with other two Amazon and Netflix declined to comment. Netflix and Amazon both last year entered India and will be aggressive to on securing exclusive Indian content for companies.
Though source relayed that Eros tried for activates capitalisation through work out a deal with domestic broadcaster players as Sony, Star Vicomand Zee. The following for major Indian script is,
Eros Int the largest pure playing film co. owing library of 3000 + Hindi other language produces and co produces 65 films per year.
Apple Music /TVpresented in India since 2013 lack exclusive Indian content charges rs120/month after 3m free trail has 400,000 subscribers.
Netflix India presented from jan2016 priced at Rs 500, Rs650 and Rs800 per month limited Indian content Major deals with SRK red chillies entertainment and Amir Khan productions.
Amazon prime video launched 2016 subscription at Rs 499 per year long term output deal with Yash Raj films Dharma production Tseries among others.
As it’s not coming from any companies statement it is to be seen the future result.

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