Amazon is planning to buy MX Player in India from Times Internet. Zee and Sony have also shown interest in buying the video streaming app.
MX Player is one of the popular video streaming platforms in India with over 300 million users globally. A couple of years ago, it started bringing exclusive content and web shows on its platforms which have been a hit. In 2018, amid its huge popularity, Times Internet acquired MX Player for $140 million. If you don’t know, Times Internet is the organisation that owns Times of India, Economic Times, Dineout, Gradeup, etc. It is now being said that Amazon is interested in buying MX Player.
The report comes from Techcrunch which states that four of its sources have confirmed the same. Besides Amazon, Zee-Sony and another company are interested in buying the popular video streaming app. Here’s everything we know about the deal.
Amazon currently offers Prime Video to its global users as an OTT platform.
