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Ricky
initiated a wave of strategic international
investments at ADM, establishing independent,
vertical subsidiaries in gaming and digital
marketing. In partnership with Sony and
Universal Music Groups, he also oversaw
ADMs founding stake in online music
video portal VEVO, where he was also a Board
member. Complementing ADMs substantial
online print and broadcasting properties,
Ricky also helmed the launch of a live online
English Premier League subscription service
across the MENA region for ADM last year.
Before
ADM, Ricky spent over 25 years in a variety of media roles starting
with ten years at the BBC in content acquisition and business development
roles. This was followed by senior programming positions at TV3
Sweden, MBC Group and Orbit (now OSN). More recently, Ricky worked
with BT Vision launching their video on demand (VOD)
service in the UK. This has proven Ricky as a pioneer in the evolution
of content distribution into the digital age.
Ricky
joins Eros at a very exciting time in the Companys digital
expansion strategy. Currently, Eros is implementing the full digitization
of its 2,100-strong film library, which will assist the Company
in monetizing its intellectual property. Digitization enables the
production and delivery of content across web, mobile and other
new media platforms. It also enables Eros to easily access the entire
Indian diaspora across the world, as well as domestically in India.
According to the April 2011 Federation of Indian Chambers of Commerce
& Industry / KPMG report, annual growth rates in the digital
sub-sector of the Media & Entertainment industry in India exceed
30%, far in excess of more traditional sub-sectors.
Kishore
Lulla, Executive Chairman of Eros commented on the appointment:
Eros Digital will be an increasingly large contributor to
Eros International Plcs growth over the medium term and the
appointment of Ricky is a statement of our intent in this arena.
We are already involved in cutting edge developments in the digital
sphere, including the full digitization of our extensive movie library.
I am confident that Ricky will add greatly to our existing digital
momentum.
About
Eros International Plc
Eros acquires, co-produces and distributes quality Indian film content,
worldwide, across multiple formats. Established in 1977 with a vision
to become the gateway for Indian content worldwide and Hollywood
content in India, Eros has over three decades of market experience
in creating a global platform for Indian cinema. In 2006, Eros became
the first Indian media company to obtain a listing on the AIM Market
of the London Stock Exchange
In October 2010 Eros International listed its Indian subsidiary
Eros International Media ("EIML") on the BSE & NSE
in India. Eros operates in five continents and over 50 countries
with offices throughout India, the United Kingdom, USA, UAE, Singapore,
Australia, Fiji and the Isle of Man
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