Movie house Eros International Media Ltd today announced that it has signed a licensing agreement with COLORS’ Viacom 18 Media. Under the agreement, Eros International’s movies will be shown exclusively on Viacom18’s COLORS channel in India.
Some of the forthcoming movies of Eros are ‘Cocktail’ starring Saif Ali Khan and Deepika Padukone, ‘Khiladi 786’ starring Akshay Kumar and ‘Shirin Farhad Ki Toh Nikal Padi’ of Farah Khan and Boman Irani.
Eros International, part of the Eros group, has been in the media business for the past 35 years. Today, it has a library of 1,100 films.
The company achieved a turnover of Rs 963 crore in 2011-12, on which it made a net profit of Rs 148 crore.
On the BSE today, the Eros International share is currently trading at Rs 188.15, up Rs 3.70 over the previous close.