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Amazon India Purchases MX Player At Low-Price

After multiple rounds of talks, Amazon India is believed to have acquired the OTT platform MX Player from Times Internet (TIL) by shelling out substantially less money than the last acquisition price. The marked-down price is not known but it could be around USD 45-50 million, which is between Rs 350-Rs 400 crore. Times Internet […]

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News OTT Retail Shut down

Netflix Records 1.75 Mn New Subscribers, Shuts Mailing DVDs Biz

Netflix on Tuesday announced that it added a net 1.75 million paid streaming subscribers in the first three months of 2023, with the Asia-Pacific region leading the growth, according to Asia Nikkei. The streaming giant also announced that it is shutting its business of mailing DVDs. But its overall number of new members fell below […]

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