Why Eros is not vulnerable to box-office fluctuations
Kamal Jain, group CFO of Eros International, speaks to NDTV about the decrease in vulnerability to box office fluctuations compared to other film studios. He says that it is mainly due to Eros' relationship agreement with its parent, Eros Worldwide, which guarantees 39 per cent cost recovery for overseas distribution rights. Rising revenues from TV syndication and other ancillary streams is expected to de-risk the business model further, he adds.
