Allu Aravind to join with popular industrialists to launch OTT
Allu Aravind is a top producer in Tollywood and is keen on expanding his horizon to different platforms. It is said that the producer is planning to start an OTT platform to produce new content.
Aravind is said to be teaming up with Nimmagadda Prasad and Rameswara Jupally to start an OTT platform, which will concentrate more on Telugu content. The firm will be operated from Hyderabad.
Sources reveal that Rameshwar's My Home Group will be pumping in Rs 70 crore for the OTT platform which will provide original content by Allu Aravind’s production banner. This is Nimmagadda Prasad’s second venture after MAA TV.
The organisers are planning to set up an office from 10 TV office, which is situated in Jubilee Hills, Hyderabad and then shift the office to Bangalore.