Naman Ramachandran The merger of STX Entertainment and Indian studio Eros International, first announced in April, is now complete.The newly minted Eros STX Global Corporation is planning a brand and website launch in September 2020, accompanied by a bell-ringing event at the NYSE to launch a new ticker symbol.
The company is also planning to host a virtual investor day later this year to provide detailed projected financial forecasts for the 2022-2024 period.Meanwhile, Eros International has declared its annual returns for the financial year ending March 2020.
The company generated $155.5 million in revenue and $54.8 million in adjusted EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization).
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