Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors. EROS Is Everything But The Netflix Of India. I Honestly Believe This Company Is Going Down!

Mar. 30, 2017 9:36 AM ET | Includes: Eros International Plc (EROS)

During the 09/09/2016 Conference Call EROS Managemetn seemed very optimistic about EROS NOW (streaming business). Unfortunately, Netflix is the real winner in India.

BUT: Simply by comparing Appannie Data for NETFLIX in the U.S. and EROS NOW in India makes it clear how EROS had been unable to compete with Netflix even at Home.

DATA SEEM TO CONFIRM THAT NETFLIX IS EATING EROS ALIVE IN ITS OWN HOME MARKET (INDIA).

EROS Now Downloads Ranking in the U.S. Entertainment Section (currently not even in the top 1000 for IPhone. Same is true for Ipad) - Link: NETFLIX Downloads Ranking in the U.S. Entertainment Section (as expected in top 2 since 2014 and for IPhone and always top 1 for IPad) - Link: BUT LET'S NOW LOOK AT THE INDIAN MARKET:

EROS Now Downloads Ranking in INDIA Entertainment Section (currently not even in the top 50 for IPhone or top 20 for Ipad) - Link:

NETFLIX Downloads Ranking in INDIA Entertainment Section (in the Top 10 for the IPhone as well as for the IPad) - Link: And Btw, it looks like The "Bollywood Hits On Demand" website is not down. Not indicative of a thriving business: http://www.mybhod.com/

https://web.archive.org/web/20160402020630/http://www.mybhod.com/

Disclosure: I am/we are short EROS.

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