FDR Media Group Inc Signs Major Film Library Acquisition Deal With Eros International

FDR Media Group Inc Signs Major Film Library Acquisition Deal With Eros International

TORONTO, Aug. 30, 2011 /PRNewswire/ -- FDR Media Group Inc, a subsidiary of Knightscove Media Corp. (TSX VENTURE:KC.A)(TSX VENTURE:KC.B) (www.knightscove.com), today announced that it had signed a deal with Eros International, the leading global company for Indian filmed entertainment, to showcase hundreds of blockbuster Hindi films on its high definition channels Mehndi TV and Bollywood Times.

Mehndi TV is a channel focused on showcasing intelligent programming that caters to Canadian women of South Asian heritage. Bollywood Times is an all-action all-the-time channel. Both Mehndi TV and Bollywood Times would be the first South Asian HD channels in North America. The channels are preparing for a nationwide launch in October 2011 via major cable and satellite distributors.

Under the multi-film content licensing deal, FDR Media Group would showcase such films as Daabang, Omkara, Rockstar, Anjaana Anjaani and other yet to be released films.

"We believe the Eros Group has the most exciting Bollywood library available and we are delighted to have acquired broadcasting rights for some of their best," FDR Media Group CEO Ron Maitra said. "This will be the first time that viewers in Canada will be able to see such brilliant films on an HD platform in vibrant colors and brilliant sound."

FDR Media Group is the first company in North America to acquire such a large library to showcase on its high definition channels from Eros International.

Speaking about the content agreement between the companies, Kumar Ahuja, Senior VP, Business Development, Eros International said, "We are delighted to join hands with FDR Media Group to showcase some of our blockbuster films across their channels. The deal signifies another step towards Eros reaching out to Bollywood fans globally and sharing the best in filmed content. With our 2000-plus titles library, Eros is uniquely positioned to exploit and maximize the potential for cable TV viewers."

About Knightscove Media Corp.

Knightscove is a fully integrated entertainment company specializing in the distribution, creation and financing of live action feature films and television productions. The Canadian company offers family-friendly third party and proprietary film and television content through its Knightscove Family Films brand.

To learn more, visit: www.knightscove.com

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 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

SOURCE Knightscove Media Corp.

Knightscove Media Corp.

CONTACT: Leif Bristow, President and CEO, +1-416-444-7900, info@knightscove.com, for Knightscove Media/Knightscove Corporate; or Mary Campe of SS|PR, +1-847-415-9325, mcampe@sspr.com; or Ron Maitra, CEO, of FDR Media Group Inc, +1-416-621-3600, info@fdrmediagroup.com

Web Site: http://www.knightscove.com

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