Stx Entertainment Puns

EROS is about to report and merge with STX Films. They own the Eros Now app. There has been news that subscribers have ballooned with quarantine in India. New CEO of the combined entity, Robert Simonds, has produced blockbusters with Adam Sandler, Mila Kunis, JLO, and Matthew McConaughey. My Spy, The Gentlemen, Hustlers, 21 Bridges are all from STX Films. Robert Simonds, the new CEO, also produced movies like Happy Gilmore, WaterBoy, Big Daddy, Cheaper by the Dozen, Pink Panther and Half Baked in the past..... do you think this stock has upward potential?

New ticker: EROS (STX Eros Entertainment)

In Greek mythology, Eros is the Greek god of love.

https://www.stxentertainment.com/

https://erosnow.com/

Combined Company will Remain a Publicly Traded Enterprise, Uniquely Positioned to Benefit from the Accelerating Consumption of Premium Digital Content in the World’s Most Important Growth Markets with a Robust Capital Structure and Experienced Management Team

• Combines leading Indian film studio and OTT platform with one of Hollywood’s fastest-growing independent media companies; to be named Eros STX Global Corporation and will trade publicly on the NYSE
• Creates a pre-eminent global media company with unique resources and capability to develop, produce and distribute Bollywood and Hollywood premium content at scale and across platforms, leveraging unique strategic and distribution partnerships globally including Apple, Amazon, Microsoft, NBCUniversal and Google/YouTube
• Revamped capital structure includes $125 million of incremental equity from new and existing STX Entertainment equity investors, including TPG, Hony Capital and Liberty Global; superior liquidity and a robust balance sheet including a $350 million JP Morgan-led credit facility
• Increased financial scale with over $600 million in pro forma revenue for calendar 2019 and over $300 million of highly-predictable aggregated future revenue from STX Entertainment films already released through 2019
• 188 million+ Eros Now registered users including 26 million+ paid subscribers
• Approximately $50 million of highly-actionable operating synergies across global operations
• Newly constituted management team led by Kishore Lulla as Executive Co-Chairman, Robert Simonds as Co-Chairman & Chief Executive Officer, Andrew Warren as Chief Financial Officer, Rishika Lulla Singh and Noah Fogelson as Co-Presidents, and Prem Parameswaran as Head of Corporate Strategy