Eros International and STX Entertainment to Combine, Creating a Global Entertainment Content, Digital Media & OTT Powerhouse

DOUGLAS, Isle of Man & BURBANK, Calif.--(BUSINESS WIRE)--Eros International PLC (NYSE:EROS) (“Eros International”), a global Indian entertainment company and STX Filmworks, Inc. (“STX Entertainment”), a global, next generation media company, today announced they had entered into a definitive stock-for-stock merger agreement to create the first publicly traded, independent content and distribution company with global reach and unique positions in the United States, India and China.