
The 11,000-Film Bridge to Beijing: Inside Eros International's Landmark iQIYI Content Deal—And the $1 Billion Library Sale That Could Redefine the Global Market for Indian Cinema
In September 2018, in a conference room in Mumbai, the executives of a company that had spent four decades building the world's largest library of Indian cinema signed a document that would, in retrospect, become the foundation of Bollywood's entire streaming strategy in China. Eros International—the distributor, producer, and streaming platform that owns or controls the rights to more than 11,000 Indian films spanning Hindi, Tamil, Telugu, Malayalam, and every other major language of the subcontinent—had just concluded a content-licensing agreement with iQIYI, the Baidu-owned streaming giant often described as the "Netflix of China." The deal, the companies announced, would make Eros Now "the first South Asian OTT player to make inroads into the Chinese digital space." iQIYI, which at the time claimed over 500 million monthly active users, would begin streaming titles from Eros's catalogue—from Shah Rukh Khan's Devdas to Salman Khan's Dabangg—to Chinese audiences who had demonstrated, through the theatrical success of films like Dangal (₹1,200 crore in China alone) and Secret Superstar, an extraordinary appetite for Indian cinema. The financial terms were not disclosed, but Eros International CEO Kishore Lulla told Reuters at the time that the company was "targeting about US$10 million in revenue in the first year through this deal."








