Streaming service Alt Balaji on Friday announced that Bollywood producer Ektaa R Kapoor and her mother Shobha Kapoor have stepped down as the head of the platform.
In a press release, the streamer said that Vivek Koka has been appointed as the new Chief Business Officer of Alt Balaji, PTI reported from Mumbai.
“We are thrilled to welcome Vivek Koka to the Alt Balaji family. His expertise and vision for the future of digital entertainment make him the perfect choice to lead Alt Balaji into its next phase of growth and success,” Ektaa R Kapoor said in a statement.
The streamer said it now has a new team to manage the day-to-day operations at the company. “This decision is a strategic one to focus on their other ventures,” it added.
Though Ektaa R Kapoor and Shobha Kapoor have stepped down from the management of Alt Balaji, Balaji telefilms, the holding company, will still hold shares in the platform.
‘Ramayana’ producer Malhotra likens film to ‘Avatar’, ‘LOTR’, ‘Odyssey’
Bombay HC protects ‘Ramayana’ from piracy
CEO Jassy says Prime Video gains profit; bullish on ad momentum
JioStar Q2 revenue up 10.1% to Rs 6,806cr. despite weak ad environ
Google brings AI Mode ads to India, 9 other markets
Of Jio listing, tears, party…and RIL’s combined $320bn market cap
‘KBC 18’ highlights inspiring stories of seven contestants
‘Family Full House’: Rohit Sharma wants to bring his brand to ‘Shark Tank India’
YouTube adds 24 accessibility tags to Playables games
Sreeleela joins Rajinikanth’s next film ‘Dharman’
TRAI extends deadline for comments on draft DRM audit manual to Nov 13 

