Eros STX Shares Jump On Multi-Year Deal With Amazon Prime Video

Eros STX Global Corporation ESGC and Amazon.com Inc AMZN Prime Video forged a multi-year first window output deal in South Africa.
This deal expands on the existing strategic pan-European output partnership the two companies struck in the U.K., France, Italy, and Scandinavia in 2021.
Simultaneously, South African distributor Empire Entertainment and STX have renewed their theatrical output deal, first struck in 2015.
Empire will continue to manage the theatrical release of STX films in the region, with Amazon Prime Video taking Pay 1 Rights.
As part of the multi-year Amazon deal, Prime Video subscribers in the territory will have access to view STXinternational's slate of star-studded titles.
Price Action: ESGC shares traded higher by 6.17% at $0.70 on the last check Thursday.