Eros International Media has entered into a strategic alliance with veteran producer Vashu Bhagnani by signing a term sheet to acquire a 50% stake in his film company -- Puja Entertainment & Films, one of the most reputed production houses in India that owns a valuable library of films with great franchise value.
Under this joint venture, blockbuster hits of the 90s known better as the 'No 1' series including Hero No 1, Coolie No 1 and Biwi No 1 will be the among the first of Vashu Bhagnani films to be remade. The deal will also allow the company access to Puja Entertainment's vast library of all-time hits like Bade Miya Chote Miya, Rehna Hai Tere Oil Main and F.A.L.T.U. In addition to the remakes of some of these all-time hits, several new projects are in the pipeline as well.
Eros International Media is a leading global company in the Indian film entertainment industry that acquires, co-produces and distributes Indian films across all available formats such as cinema, television and digital new media. Eros International is part of Eros International Plc, which became the first Indian media Company to raise capital and be listed on the New York Stock Exchange.
| Company Name | CMP |
|---|---|
| PVR | 938.05 |
| Saregama India | 344.55 |
| Shemaroo Entertain. | 105.35 |
| Balaji Telefilms | 94.39 |
| UFO Moviez | 72.06 |
| View more.. | |
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