Film Production
Eros Media World clears $56 million debt, strengthens financial position
MUMBAI: Eros Media World PLC (EMWP) just hit a blockbuster financial milestone—becoming debt-free in India. Over the past three years, the global Indian film entertainment powerhouse has successfully repaid its outstanding bank debt, including principal and interest, totalling approximately $56 million at current exchange rates.
At its annual general meeting on 28 February 2025, the company’s Indian subsidiary, Eros International Media Ltd (EIML), confirmed to shareholders that the full repayment had been completed during Q3 of the 2024-25 fiscal year. This financial feat follows EIML’s successful implementation of its debt resolution plan under the Reserve Bank of India’s “Resolution Framework for COVID-19 Related Stress” circular, introduced on 6 August 2020. Notably, EIML had first announced the implementation of this plan on 22 June 2021, covering an aggregate debt of Rs 468.07 crore at the time.
This achievement isn’t just about numbers—it’s a game-changer for Eros Media World’s financial stability. With a clean slate, the company now has greater flexibility to invest in its strategic priorities, expand its global footprint, and double down on high-quality content production.
“With the successful repayment of our bank debt in India, we have significantly strengthened our financial health, reinforcing our long-term commitment to financial discipline. This achievement allows us to focus on growing our entertainment business and unlocking new opportunities for value creation,” said Eros Media World PLC director Kishore Lulla.
With India’s debt burden off its books, Eros Media World can now channel resources into growth, innovation, and content development. The company remains committed to producing premium entertainment and pushing boundaries in the global entertainment industry.
As streaming wars heat up and the demand for high-quality content skyrockets, Eros Media World stands well-positioned to leverage its strengthened financial footing for bold new ventures.
Film Production
Priyanka Kaur Dhillon joins SVF Entertainment as lead for music distribution
A seasoned content dealmaker with 16 years in digital and satellite media joins the Bengali entertainment powerhouse as it pushes into the pan-India music market
Mumbai: Priyanka Kaur Dhillon has made her move. The content acquisitions and commercials veteran, most recently commercial manager at Sony Pictures Networks India, has joined SVF Entertainment as lead for music distribution, stepping into one of the more interesting briefs in regional entertainment right now.
SVF is no ordinary regional label. Over 30 years it has built a formidable legacy in Bengali cinema and music, driven by culturally resonant storytelling and a catalogue that consistently punches above its weight. Its recent success with Chiraiya underlines the point. But the Kolkata-based powerhouse now has its sights firmly set beyond Bengal, most visibly through Legacy, a rap reality series produced in collaboration with hip-hop label Kalamkaar that signals a deliberate push into the pan-India music ecosystem.
Dhillon brings precisely the kind of muscle SVF needs for that expansion. At Sony Pictures Networks India, she led film acquisition and commercials and handled music licensing across the entire satellite network. Before that, she spent nearly 15 years at Hungama, rising to assistant general manager and leading strategic content licensing for the platform’s digital entertainment business, with a particular focus on international markets. Her label relationships span the full roster: Sony Music, Universal Music, Warner Music, Believe International, Tunecore, The Orchard and a clutch of smaller aggregators. She has negotiated and closed deals with Hollywood studios, Bollywood production houses and regional content players alike, building pricing models and deal structures off data analysis rather than instinct.
Announcing the appointment, Dhillon said she was “thrilled to begin this journey with an iconic Bengali music label and content powerhouse,” adding that SVF’s “constant drive to push boundaries” was what drew her to the role.
SVF has spent three decades proving that regional does not mean limited. With a sharp commercial operator now steering its music distribution, its bid to go national just got a good deal more serious.
