22/11/2023, 4pm GMT
Hilco is seeking offers to acquire the intellectual property assets of Eros International Limited (In Administration) (“Eros International” or the “Company”) on behalf of the Joint Administrators of the Company, Jo Watts, Gary Rupping and Andrew McTear of McTear Williams & Wood Limited.
With a legacy dating back to 1977, Eros International was part of the wider Eros Media Group, a leading name in film production and distribution. Eros International has played a pivotal role in shaping the Indian film industry and taking its rich cinematic heritage worldwide. With a commitment to quality and creativity, the Company has produced and distributed numerous critically acclaimed and commercially successful films under the Eros umbrella.
Eros International boasts an extensive library of films that spans decades and genres, showcasing the evolution of Indian cinema. Eros International’s films have not only captured the hearts of Indian audiences but also found dedicated followings worldwide, with many of Eros’ films having been distributed internationally, offering access to a vast and diverse audience. Beyond traditional distribution, Eros International’s catalogue can be leveraged across various platforms, including digital streaming services and television networks, opening up further avenues for revenue generation.
Indian cinema is renowned for its rich cultural storytelling, reflected in Eros International’s films, which show India’s vibrant traditions, diverse landscapes, and compelling narratives. Owning these rights presents an opportunity to showcase the beauty and diversity of India’s cultural heritage. The global appetite for varied and exciting content is at an all-time high, and Eros International’s film library is primed to meet this demand.
Eros International’s intellectual property rights, encompassing rights in films, music and video content, offer a unique opportunity to delve into the world of Indian cinema, culture, and storytelling, opening doors to global audiences, revenue streams, and an opportunity for a purchaser to acquire proven, revenue-generating formats produced by a respected name in the entertainment industry.
The Eros International Brand
Eros International is a well-established and recognised brand in the Indian film industry and has made significant inroads into the global entertainment market.
With a legacy of over four decades, the Eros International brand embodies the quintessential fusion of tradition and innovation, earning its reputation as the source of quality content.
The Eros International brand is synonymous with cinematic excellence, and its pioneering efforts in digital distribution, coupled with a vast and diverse film library, underscore the brand’s forward-thinking approach.
The Eros International brand is associated with stories that resonate not only with Indian audiences but also with viewers from various cultural backgrounds.
The Company holds a registered UK trade mark (UK00002024894) covering the “Eros International” brand name and logo across relevant classes and protecting products such as tapes, discs and sound recordings, as well as motion picture, video and sound recording rental services.
The Company’s rights to an extensive array of films, music, and video content are available for acquisition.
Further information on the Company’s rights to these assets and the assets available to acquire is available via a virtual data room under NDA.
The deadline for offers is Wednesday 22 November 2023, 4pm GMT.
On receipt of a signed non-disclosure agreement (NDA), access will be provided to a virtual data room housing additional information. To access the NDA, please click the link, sign and return via email to email@example.com, firstname.lastname@example.org and email@example.com.
The Joint Administrators act as agents of the Company and without personal liability.
The bidder acknowledges that Hilco acts as an agent for the Joint Administrators who offer for sale only what right, title and interest the Company possesses in the assets. Such sale will be without any warranties, expressed or implied. The information provided has not been verified by Hilco or the Joint Administrators and bidders are deemed to have carried out their own due diligence.
VAT, if applicable, at 20% will be added to the price. A non-refundable deposit of 20% will be payable by the buyer within 48 hours of bid acceptance. Legal completion to occur within 5 business days of bid acceptance. Hilco’s full Terms and Conditions apply.