STX's Merger Plan With Eros Touts "Risk-Mitigated" Films, Streaming Ambition
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hollywoodreporter.comSTX Entertainment and Eros International are pitching a merged company to investors by highlighting the firms' access to top Hollywood and Bollywood talent, their global distribution footprint and their ambition to build a competitive global streaming service.
In a U.S. Securities and Exchange Commission filing Monday, the companies included an investor presentation for the newly titledEros STX Global Corporation, which will trade on the New York Stock Exchange pending regulatory approvals.
The pitch touted a "risk-mitigated approach to filmmaking," a refrain that may be in line with STX's six-year run as an indie studio home to mid-budget fare boasting star power.
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