iWorld
Eros STX Global forecasts 50 mn monthly paid subscribers for Eros Now by 2022
KOLKATA: Eros International and STX Filmworks completed the big Bollywood-Hollywood merger last month. The newly combined company Eros STX Global Corporation forecasts 50 million monthly paid subscribers for Eros Now and generate $1 billion in revenue for the calendar year 2022.
Eros Now reached 33.8 million paid monthly subscribers and 205.8 million registered users as of 30 June. “Despite the business challenges arising from the pandemic, Eros STX has seen a substantial increase in both new subscriptions and consumer engagement on the Eros Now platform driven by increased time spent at home as well as fewer out-of-home entertainment options available,” Eros STX Global co-chairman and CEO Robert Simonds said.
“Eros Now has a strong slate of films and original series scheduled for release over the coming quarters, and the Company expects this to help drive continued growth in the paying subscriber base in India and around the world. Consumers are watching more content on the platform than ever before, an acceleration of growth that will provide strong tailwinds to the combined business for the coming quarters,” he added.
Simonds seems extremely optimistic about Eros Now as he said it has one of the largest libraries of local and regional language content in the Indian marketplace which would take a significant investment of capital for a competitor to even try to replicate it. He also cited the independent, third-party valuation that was done in February which valued Eros library at $1 billion approximately.
Other than Eros Now, Eros STX’s co-production with some of the largest global players like Amazon and Netflix also opens another growth window for the company.
Gaming
Formula 1 and Mumbai Falcons launch India’s first official F1 sim racing championship
Nationwide competition creates pathway from virtual racing to pro motorsport
MUMBAI: Formula 1 has teamed up with Mumbai Falcons Racing Limited to launch India’s first officially sanctioned F1 sim racing competition, marking a new step in the country’s growing motorsport ecosystem.
The championship, titled F1 Sim Racing India Open 2026, will offer a structured national platform for sim racers, with participants competing on the official F1 25 across multiple stages. The competition will begin with online qualifiers, followed by city-based simulator rounds, before culminating in a national final in Mumbai this November.
Open to players across PC, PlayStation 5 and Xbox, registrations for the event will begin on 30 April via the Mumbai Falcons app. The format mirrors real-world racing, featuring official circuits, team liveries and competitive structures aligned with the global series.
Formula 1 driver Narain Karthikeyan said the initiative arrives at a time when interest in the sport is surging in India, adding that a structured sim racing platform could help identify and nurture the next generation of talent.
Mumbai Falcons Racing Limited managing director Ameet Gadhoke noted that the championship aligns with the team’s long-term goal of building a strong motorsport pipeline in the country and placing Indian talent on the global stage.
The launch also reflects broader momentum in esports, especially after its recognition under India’s Promotion and Regulation of Online Gaming Act, 2025. By bridging gaming and real-world racing, the initiative aims to offer aspiring drivers a credible entry point into professional motorsport.
With interest in Formula 1 steadily rising and conversations around its return to India gaining pace, the new championship could become a proving ground for future racing stars.
