(Image source from: Mirchi9.com)
Rs 10,000 Cr Investment for Allu Aravind's OTT Platform:- Mega Producer Allu Aravind is the mastermind behind several blockbusters of Telugu cinema. With the OTT platforms getting wide reach in the country, he is all set to announce his own OTT platform soon. The arrangements for this are already on and businessmen Rameshwara Rao, Nimmagadda Prasad and Megha Krishna Reddy are said to have invested hugely in the venture. Though their exact individual stakes are yet to be known, the total investment is said to be Rs 10,000 crores. Allu Aravind already zeroed in a bunch of web series and the shoot will commence soon.
Allu Aravind and his team are busy finalizing the name for the platform and the app is designed currently. The OTT platform will be launched during the second half of 2020 once they have enough content ready to view. Allu Aravind is also in plans to produce a bunch of small budget films that will be aired only on the digital platform (like Netflix). As of now Allu Aravind is completely focused and is busy finalizing interesting projects for the OTT platform. Special teams are roped in to zero in the content for all the South Indian languages.