Success in my Habit

Saturday, October 16, 2010

Eros International Media in Rs 640 mn pact with Zee Entertainment


MUMBAI: Eros International Media, a unit of Eros International, said on Friday it has signed a licensing deal worth Rs 640 million with Zee Entertainment Enterprises for exclusive broadcast of some of Eros' films on the latter's television network.

The deal takes Eros International Media's pre-sales revenue visibility for music and television rights in FY11 and FY12 to Rs 2.4 billion, Eros said in a statement.

At 9:11 a.m., the stock was trading at Rs 177.6, up 0.45 in a weak Mumbai market.

No comments: