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Eros shareholders give go-ahead to resolutions

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MUMBAI — Eros International Media Ltd has secured shareholder approval for all resolutions presented at its recent e-voting session, the company announced on 2 March in a regulatory filing with the BSE. 

Shareholders passed an ordinary resolution to reappoint Pradeep Dwivedi to the board. Pradeep who retired by rotation as per statutory requirements, was eligible for reappointment and will continue in his role.

A special resolution was also approved granting a waiver for excess remuneration paid or payable to Sunil Lulla, executive vice chairman & managing director, for the 2023-2024 financial year. This resolution was required to regularise compensation that exceeded standard limits under company guidelines.

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Additionally, shareholders passed a special resolution approving the company’s name change from Eros International Media Limited to Eros Media International Limited. The rebranding represents a minor adjustment to the company’s official title while maintaining its core brand identity.

The shareholders also gave the go-ahead to the financials declared by the company for the year ended 31 March 2024. 

All resolutions received the requisite majority vote, demonstrating shareholder confidence in the company’s governance decisions. The name change is expected to be implemented following completion of necessary regulatory procedures.

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Hollywood

Utopai Studios partners Huace to deploy PAI for long form content

Deal includes revenue sharing as Huace adopts AI engine across global ops

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MUMBAI: Lights, camera… algorithm, the script just got a silicon co-writer. In a move that signals how storytelling itself is being re-engineered, U.S.-based Utopai Studios has partnered China’s Huace Film & TV Co. Ltd. to bring artificial general intelligence into the heart of long-form content creation.

At the centre of the deal is PAI, Utopai’s cinematic storytelling system, which Huace will deploy as a core engine across its production pipeline from development and creative iteration to global localisation. The partnership includes a large-scale annual usage commitment from Huace, alongside a usage-based revenue-sharing model, underscoring both ambition and commercial confidence on both sides.

For Huace, one of China’s largest film and television companies, the bet is not on automation alone but on scale with control. With distribution spanning over 200 countries and a presence across more than 20 international platforms, including Netflix and YouTube, the company brings a vast content ecosystem where even marginal efficiency gains can translate into significant output shifts. Its extensive TV IP library further positions it as fertile ground for AI-assisted storytelling workflows.

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The choice of PAI follows what Huace described as a rigorous evaluation of existing AI tools, many of which remain limited to fragmented use cases such as video generation or editing. What tipped the scales, according to the company, was PAI’s ability to handle long-form narrative complexity maintaining continuity, structure, and creative coherence across entire story arcs rather than isolated clips.

Utopai, for its part, is using the partnership to anchor its international expansion strategy, pitching PAI as an enterprise-ready system built for customisation, privacy, and regulatory adaptability across markets. That positioning becomes particularly relevant as global media companies increasingly scrutinise how AI integrates into proprietary workflows.

The timing is notable. Earlier this month, Utopai upgraded PAI to support three-minute 4K video generation and advanced multi-shot sequencing features designed to tackle one of AI storytelling’s biggest hurdles: consistency across scenes.

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What emerges is not just another tech collaboration, but a glimpse into how the grammar of filmmaking could evolve. Because if stories were once crafted frame by frame, the next chapter might just be coded scene by scene.

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