A major update has arrived from the house of ALT Balaji.
The popular OTT Platform had been entertaining its massive audience by rolling out series like Gandii Baat, Broken But Beautiful, Ragini MMS: Returns, Lock Upp, Code M and more.
Ekta Kapoor and Shobha Kapoor had jointly founded ALTBalaji in 2017 and this year the mother daughter duo have stepped down as the heads of the streaming platform.
On Friday, Ekta announced the news by sharing a press release on her social media accounts. Sharing the press release, she wrote – ‘Good luck team #alt !!!! โฅ๏ธ๐งฟ๐งฟ๐งฟ๐งฟ๐งฟ๐งฟ!!!! Will always share ur posts n lend any support needed !!! Letโs welcome the new management.’
The release reads: ‘Alt Balaji, one of India’s leading digital entertainment platforms, officially announced today that Ektaa R Kapoor and Shobha Kapoor have stepped down from their positions as the head of the company.
While the process of stepping down started last year, Alt Balaji now has a new team to take over. This decision is a strategic one to focus on other ventures. The company is pleased to announce that Vivek Koka has been appointed as the new Chief Business Officer of Alt Balaji.
Under Mr. Koka’s leadership, Alt Balaji aims to follow their footsteps and continue its strong track record of delivering high quality, original content to its audiences.’
Celebrities from Entertainment industry have dropped in their comments on the post to wish the new team good luck for a successful journey ahead. On the other hand, fans of ALT Balaji shows have queried about the next seasons of their respective favorite shows.
