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Eros Media World Enters Saudi Arabian Market Through Strategic Partnership With Arabia Pictures Group; Terms Not Disclosed

Eros Media World Enters Saudi Arabian Market Through Strategic Partnership With Arabia Pictures Group; Terms Not Disclosed

Eros Media World通過與阿拉伯影業集團的戰略合作進入沙特阿拉伯市場;條款未披露
Benzinga Real-time News ·  2022/08/16 13:10

Eros Media World PLC ("ErosMedia", "Eros" or the "Company") (NYSE:EMWP), a global Indian media and entertainment company, today announced that it is entering into the rapidly growing Saudi Arabian market to capitalize on new opportunities and identify synergies with the various Saudi Arabian government initiatives designed to foster growth in the media and entertainment sector. One of the driving forces behind the growth initiative is the General Entertainment Authority (GEA), which was established by the government of Saudi Arabia in 2016 to help drive Vision 2030, a strategic framework to move away from Saudi Arabia's dependence on oil to diversify its economy and develop public service sectors such as health, education, infrastructure, recreation, media, and tourism. Eros will partner in Vision 2030 and will be the first media company of Indian origin to explore actionable opportunities.

Eros Media World PLC(“ErosMedia”、“Eros”或“Company”)(紐約證券交易所代碼:EMWP)是一家全球性的印度媒體和娛樂公司,該公司今天宣佈,它將進入快速增長的沙特阿拉伯市場,以利用新的機遇,並確定與沙特政府旨在促進媒體和娛樂行業增長的各種舉措的協同效應。這項增長計劃背後的驅動力之一是娛樂總局(GEA),該機構由沙特阿拉伯政府於2016年成立,旨在幫助推動2030遠景,這是一個戰略框架,旨在擺脱沙特對石油的依賴,實現經濟多元化,並發展醫療、教育、基礎設施、娛樂、媒體和旅遊等公共服務部門。Eros將成為願景2030的合作伙伴,並將成為首家探索可行機會的印度媒體公司。

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