Eros International assumes new corporate name Eros STX Global Corporation

The company has also unveiled a new logo, website and NYSE stock ticker after Eros International merged with California-based STX Entertainment

e4m by exchange4media Staff
Published: Sep 23, 2020 4:58 PM  | 1 min read
Eros STX

Eros International has launched its new global parent company name today -- Eros STX Global Corporation. Along with assuming a new corporate name, it has also unveiled its new logo, website and New York SE stock ticker, ESGC.

Pradeep Dwivedi, CEO of Eros International Media, made the announcement through his Twitter account earlier today.

Eros International Plc and STX Entertainment merger was announced in July this year. The combined company creates a global studio juggernaut that will be spread across three continents in a bid to increase Eros International's global footprint. The entity is capitalised with $125 million of new equality funding and a revamped $350 million from JP Morgan-led credit facility. The company also has an amplified financial scale of over $600 million in proforma revenue for calendar year 2019.

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