Ekta Kapoor, Shobha Kapoor step down as ALTBalaji heads; Here’s why

Film producer Ekta Kapoor and her mother Shobha Kapoor have resigned as the heads of OTT platform ‘ALTBalaji.’ The news was announced in a press release and confirmed by Ekta on her social media handle.

ET Now
Film Producer Ekta Kapoor and her mother Shobha Kapoor have stepped down from their positions as the head of ALTBalaji OTT platform. The digital streaming company will now be managed by Vivek Koka who will serve as the Chief Business Officer.

Making the news public, Ekta Kapoor shared a snippet of the press release that revealed information about the recent management changes in ALTBalaji. According to a press statement Vivek Koka will be the new Chief Business Officer of ALTBalaji after Ekta and her mother step down as the company’s heads.

The official statement stated that it is a strategic decision taken by Ekta and Shobha Kapoor to focus on other projects. Further, it affirmed that the procedure of stepping down was initiated in 2022 and now ALTBalaji will be managed by a new team.




The press statement further stated ALTBalaji’s future plans revealing that the company will strive to flourish under Vivek Koka’s leadership. The team will follow the footsteps of Ekta and Shobha Kapoor and will continue to deliver the best content to viewers. Ekta Kapoor added a caption with her Instagram post where she welcomed the new management and wished good luck to the ALTBalaji team.

Soon, people belonging to the film and television fraternity reacted to the Ekta’s social media post. Sonam Kapoor and Sussane Khan wished Ekta great success in her future endeavors.
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Launched in 2017, ALTBalaji is an India-based video streaming platform founded by Ekta Kapoor. The digital unit runs under Balaji Telefilms Limited. The platform is known for creating series such as ‘Broken but Beautiful,’ ‘Puncch Beat,’ ‘The Married Woman,’ and many other online shows.


FAQ


Q1. Does ALTBalaji offer free content to viewers?
Ans. Yes, ALTBalaji allows viewers to watch free content easily. However, paid video viewership depends on the subscription.

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Q2. Who is the father of Ekta Kapoor?
Ans. Ekta Kapoor’s father is veteran film actor Jeetendra Kapoo
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