Kishore Lulla
{{Short description|Indian film producer}}
{{Use dmy dates|date=July 2018}}
{{Use Indian English|date=July 2018}}
{{Infobox person
| name = Kishore Lulla
| image =
| birth_date = {{Birth date and age|1961|09|04}}
| birth_place = Bombay, Maharashtra, India
| years_active = 1980–present
| alma_mater = Government Law College, Mumbai
| organization = {{Ubl
| B4U
}} Eros Innoavtion
www.erosinnovation.com
| nationality = Indian
}}
Kishore Lulla is founder and chairman of Eros Innovation and the executive director{{cite web |url= https://erosmediaworld.com/board-of-directors-eros/ |work= Eros Media World |title= Eros Media World PLC - Board of Directors |access-date= 9 November 2024}} of Eros Media World (formerly Eros International Plc), the first Indian media & entertainment company to be listed on New York Stock Exchange and also the first to be delisted in 2021.{{Cite web |date=2022-08-18 |title=Eros Media World Plc Receives Notice of Delisting From NYSE, Intends To Appeal The Staff Determination |url=https://www.businesswire.com/news/home/20220817005812/en/Eros-Media-World-Plc-Receives-Notice-of-Delisting-From-NYSE-Intends-To-Appeal-The-Staff-Determination |access-date=2023-09-05 |website=www.businesswire.com |language=en}} His brother Sunil Lulla is the executive director at Eros International Media Limited, which is listed on the Bombay Stock Exchange and was barred by the Securities and Exchange Board of India in June 2023.{{Cite web |last=S |first=Sahyaja |date=2023-08-22 |title=Eros International Case: SAT Refuses To Interfere With SEBI's Interim Order |url=https://www.bqprime.com/markets/eros-international-case-sat-refuses-to-interfere-with-sebis-interim-order |access-date=2023-09-05 |website=BQ Prime |language=en}} He is also chairman of Eros Investments, a holding company for his investments.{{cite web|url=http://www.tft.ucla.edu/about/executive-board/kishore-lulla/|title=Kishore Lulla{{Snd}} UCLA School of TFT|website=Tft.ucla.edu|accessdate=10 September 2017|archive-date=16 August 2018|archive-url=https://web.archive.org/web/20180816135756/http://www.tft.ucla.edu/about/executive-board/kishore-lulla/|url-status=dead}}{{cite web|url=http://www.indiainfoline.com/article/research-leader-speak/mr.-kishore-lulla-group-executive-chairman-eros-international-media-ltd.-20577942_1.html|title=Mr. Kishore Lulla, Group Executive Chairman, Eros International Media Ltd.|last=indiainfoline.com|website=Indiainfoline.com|accessdate=10 September 2017}}{{cite news|url=https://www.hollywoodreporter.com/news/bollywood-distributor-eros-raise-965-717928|title=Bollywood Distributor Eros to Raise $96.5 Million Via Stock Sale|work=The Hollywood Reporter|date=11 July 2014|first=Nyay|last=Bhushan|accessdate=22 July 2018}}{{Cite web |title=Home |url=https://www.erosinvest.com/ |access-date=2023-09-05 |website=EROS Investments |language=en-US}}
Early life
Lulla graduated with a bachelor's degree in arts from Mumbai University. He also attended the School of Business and Law at the Government Law College, Mumbai.
Career
=Eros International=
Lulla has held the position of director at Eros Media World Plc (formerly known as Eros International Plc) since 2005. He resigned in 2022 as the Executive Director of Eros International Media Limited since the 28 September 2009, the company listed in BSE as well as NSE stock exchanges.{{cite web|url=https://www.bloomberg.com/markets/stocks|title=Stocks|website=Bloomberg.com|accessdate=10 September 2017}}{{cite web|url=http://economictimes.indiatimes.com/eros-international-media-ltd/ipos/companyid-32234.cms|title=Eros International Media IPO{{Snd}} The Economic Times|website=Economictimes.indiatimes.com|accessdate=10 September 2017}}
As Executive chairman of the Eros Group Kishore, started working for Eros when he was 16. He teamed with his father and went to UK.{{cite web|url=http://www.growthbusiness.co.uk/media-mogul-kishore-lulla-646916/|title=Media mogul: Kishore Lulla|date=24 September 2008|website=Growthbusiness.co.uk|accessdate=10 September 2017}} He has expanded and popularized Bollywood films in U.K. U.S. and the Middle East and entered newer markets like Latin America, South Korea and America under Lulla Bollywood films.{{cite web|url=https://www.forbes.com/sites/forbesasia/2014/04/30/kishore-lulla-brings-light-to-bollywood/2/#24e8f16b7bb9|title=Kishore Lulla Brings Light to Bollywood|website=Forbes.com|accessdate=10 September 2017}}
= Eros Investments =
Eros Investments has recently established collaborations with an artificial intelligence firm, Stability.ai.{{Cite web |title=Stability.ai and Eros Investments announce strategic partnership in the Deep Tech AI Sector By CIOTechOutlook Team |url=https://www.ciotechoutlook.com/news/stabilityai-and-eros-investments-announce-strategic-partnership-in-the-deep-tech-ai-sector-nid-9223-cid-127.html |access-date=2023-09-05 |website=www.ciotechoutlook.com}}{{Cite web |last=Cai |first=Kenrick |title=The AI Founder Taking Credit For Stable Diffusion’s Success Has A History Of Exaggeration |url=https://www.forbes.com/sites/kenrickcai/2023/06/04/stable-diffusion-emad-mostaque-stability-ai-exaggeration/ |access-date=2023-09-05 |website=Forbes |language=en}} Additionally, they have revealed plans to develop blockchain enterprises in Dubai and have announced a strategic partnership with the Dubai World Trade Centre Authority.{{Cite news |date=2022-05-10 |title=Eros Investments partners with Dubai's digital asset regulator |language=en |work=Reuters |url=https://www.reuters.com/business/eros-investments-partners-with-dubais-digital-asset-regulator-2022-05-10/ |access-date=2023-09-05}}{{Cite web |last=www.ETBrandEquity.com |title=In Metaverse push, Eros Investments partners with Dubai World Trade Centre Authority – ET BrandEquity |url=https://brandequity.economictimes.indiatimes.com/news/digital/in-metaverse-push-eros-investments-partners-with-dubai-world-trade-centre-authority/91493123 |access-date=2023-09-05 |website=ETBrandEquity.com |language=en}} Kishore's daughter, Ridhima Lulla, launched a virtual universe called Immerso.{{Cite web |date=2022-09-26 |title=Eros Investments Launches IMMERSO, a Global Web 3.0 Metaverse Project |url=https://www.businesswire.com/news/home/20220926005167/en/Eros-Investments-Launches-IMMERSO-a-Global-Web-3.0-Metaverse-Project |access-date=2023-09-05 |website=www.businesswire.com |language=en}} Eros Investments also acquired a 90% stake in DRM company, Ent Global, with plans to let creators and fans to interact directly to purchase, sell and trade various digital assets.{{Cite news |last=Laghate |first=Gaurav |date=2022-09-06 |title=Eros Investments acquires 90% in DRM company ENT Global |work=The Economic Times |url=https://economictimes.indiatimes.com/industry/media/entertainment/media/eros-investments-acquires-90-in-drm-company-ent-global/articleshow/94033175.cms |access-date=2023-09-05 |issn=0013-0389}}
=Contributions to bollywood=
He is the founder of Eros Innovation Bollywood For You (B4U), a music and entertainment platform. He has been in the launch of the UK's first 24- hour Bollywood digital satellite and pay TV channel on the BSkyB platform. In 2000, The Economist discussed Lulla's goal of globalizing Bollywood.
=Other contributions =
Kishore is a member of the British Academy of Film and Television Arts. He is also a member of the Young presidents' Organization and also a board member of the University of California, Los Angeles Film School.{{cn|date=November 2024}}
In 2010, Kishore Lulla and his family set up the Eros Foundation for the education of children and worked to bring equality for women in workplace.{{cite web|url=http://www.avstv.com/kishore-lulla-executive-chairman-eros-international-honored-by-asia-society-southern-california/|title=Kishore Lulla, Executive Chairman, Eros International, honored by Asia Society Southern California{{Snd}} AVSTV{{Snd}} bollywood and Hollywood latest News, Movies, Songs, Videos & Photos|website=Avstv.com|date=26 June 2015|accessdate=10 September 2017}}
Awards and recognition
=Awards=
- Lulla received the Entertainment Visionary Award by the Asia Society of Southern California for promoting Indian cinema.{{cite web|url=http://www.news18.com/news/business/kishore-lulla-wins-asian-biz-award-07-264718.html|title=Kishore Lulla wins Asian Biz Award '07|website=News18.com|date=9 May 2007|accessdate=10 September 2017}}{{cite web|url=http://www.forbesindia.com/article/special/three-indian-companies-in-forbes-asias-2017-best-under-a-billion-list/47691/1|title=Three Indian companies in Forbes Asia's 2017 'Best under a Billion' list – Forbes India|website=Forbes India|accessdate=10 September 2017}}
- Asian Business Awards 2007{{Cite web|url=https://www.dnaindia.com/world/report-kishore-lulla-wins-asian-business-award-2007-1095639|title=Kishore Lulla wins Asian Business Award 2007|date=9 May 2007}}
- Global Citizenship Award 2014 by the American Jewish Committee{{cite web |url=https://www.indiawest.com/entertainment/global/eros-chief-kishore-lulla-receives-global-citizenship-award/article_aacc5466-66b8-11e4-ab54-33f55765b198.html |title=Eros Chief Kishore Lulla Receives Global Citizenship Award – India West: Global |website=www.indiawest.com |url-status=dead |archive-url=https://web.archive.org/web/20141114003453/http://www.indiawest.com/entertainment/global/eros-chief-kishore-lulla-receives-global-citizenship-award/article_aacc5466-66b8-11e4-ab54-33f55765b198.html |archive-date=2014-11-14}}
=Honours and recognition=
- As per The Sunday Times rich list released in 2011, Kishore Lulla was among the richest Indian with a net worth of 240 million pounds and with a family fortune of 206 million pounds.{{cite web|url=http://www.businesstoday.in/opinion/interviews/kishore-lulla-eros-interview/story/22386.html|title=Eros' Kishore Lulla on Bollywood's future- Business News|website=Businesstoday.in|accessdate=10 September 2017}}
- In 2015, Kishore Lulla was a part of the Sun Valley Conference.{{cite news|url=http://economictimes.indiatimes.com/magazines/panache/eros-internationals-kishore-lulla-attends-the-billionaires-summer-camp/articleshow/48110938.cms|title=Eros International's Kishore Lulla attends the "billionaires' summer camp"|first=Masoom|last=Gupte|date=17 July 2015|accessdate=10 September 2017|newspaper=The Economic Times}}
- Lulla was honoured at the 2018 Economic Times India-UK Strategic Conclave as one of the Game Changers of India.{{Cite web|url=https://boxofficeindia.co.in/kishore-lulla-felicitated|title=Kishore Lulla Felicitated|date=15 September 2018}}
Controversies
Eros has struggled to shake off accounting fraud allegations for years.{{Cite news |date=2015-11-04 |title=Eros struggles to fend off heat from investors |work=Business Standard |url=https://www.business-standard.com/article/companies/eros-struggles-to-fend-off-heat-from-investors-115110401620_1.html |access-date=2023-09-05}}{{Cite news |last=Duke |first=Simon |date=2023-09-05 |title=Bollywood’s mystery movies |language=en |url=https://www.thetimes.com/culture/tv-radio/article/bollywoods-mystery-movies-tkf69nnmdnp |access-date=2023-09-05 |issn=0140-0460}} In 2012, BDO, the accounting firm, identified a couple of questionable transactions involving Eros and Prime Focus, a company operated by Namit Malhotra.