Ekta Kapoor & Mother Shobha Kapoor Step Down As Heads Of OTT Platform ALTBalaji
Ekta shared a press release on Instagram calling the decision 'strategic'. Vivek Koka has been appointed the new Chief Business Office of ALTBalaji.
New Delhi: Ekta Kapoor and her mother Shoba Kapoor have stepped down as the heads of their OTT company ALTBalaji. Ekta shared a press release on Instagram calling the decision 'strategic'. Vivek Koka has been appointed the new Chief Business Office of ALTBalaji.
"ALTBalaji, 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." The statement read.
"While the process of stepping down started last year, ALTBalaji 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 ALTBalaji."
"Under Mr Koka's leadership, ALTBalaji aims to follow their footsteps and continue its strong track record of delivering high-quality, original content to its audiences," the statement read.
The title of the press release said, "ALTBalaji Announces New Chief Business Officer, As Ektaa R Kapoor And Shobha Kapoor Step Down."
"Under Mr Koka's leadership, ALTBalaji aims to follow their footsteps and continue its strong track record of delivering high-quality, original content to its audiences," the statement read.
Ekta Kapoor accompanied the post with a caption that read: "Good luck team alt! Will always share your posts and lend any support needed. Let's welcome the new management."
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Ekta Kapoor is one of the biggest television and film producers in the country. She is the joint managing director and creative head of Balaji Telefims Limited, which makes most TV shows on the Indian Television network. Balaji has also produced many motion pictures like ‘Lootera’, ‘Once Upon A Time In Mumbai’ etc. among many other films that have happened to be hits.
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