Sony Pictures Networks India (SPNI) has issued a statement dismissing the media reports on acquisition of a stake in Arha Media owned OTT platform- aha.
The official statement from Sony read, “We at Sony Pictures Networks India (SPNI) respectfully clarify that the speculation regarding our acquisition of a stake in the OTT platform, Aha, is completely unfounded and not based on facts.”
Media reports claimed that Sony was eyeing a 26 pc stake in Arha Media valued at Rs 1500 crore.