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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通过与阿拉伯影业集团的战略合作进入沙特阿拉伯市场;条款未披露
Benzinga Real-time News ·  2022/08/17 01:15

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”)(纽约证券交易所代码:EMWP)是一家全球性的印度媒体和娱乐公司,该公司今天宣布,它将进入快速增长的沙特阿拉伯市场,以利用新的机遇,并确定与沙特政府旨在促进媒体和娱乐行业增长的各种举措的协同效应。这项增长计划背后的驱动力之一是娱乐总局(GEA),该机构由沙特阿拉伯政府于2016年成立,旨在帮助推动2030远景,这是一个战略框架,旨在摆脱沙特对石油的依赖,实现经济多元化,并发展医疗、教育、基础设施、娱乐、媒体和旅游等公共服务部门。Eros将成为愿景2030的合作伙伴,并将成为首家探索可行机会的印度媒体公司。

译文内容由第三方软件翻译。


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