Telangana’s Business Tycoons – My Home Rameshwara Rao and Megha Krishna Reddy joined hands to buy the TV9 group. My Home is the main promoter of the Aha app in which Allu Aravind is a minor partner. Now, the Megha group is also venturing into the OTT space.
Megha Krishna Reddy’s nephew is floating an OTT platform of his own. Raja Ravindra will be overseeing the operations of this OTT. The background operations of the platform are going on. The team is busy acquiring the digital rights of a few films.
The official announcement of the OTT platform is likely very soon. It is not clear if this app will also be an exclusive Telugu platform like Aha. It has to be seen if these local apps will be able to match the might of big OTT platforms like Netflix, Amazon Prime Video, and Zee5.Follow @THEPANIPURI