The OTT world has just expanded that bit more with MX Player acquisition by Times Internet

Time Internet has made an acquisition. Times Internet did not want to go the hard way and create a complete OTT service for the millennial population and so the have gone after the next best option. Buy a successful streaming service that has got some premium content and just go big bang straight away. They have spent Rs. 1000 Crores doing that. They wish to start their streaming service the next quarter. Times Internet buys MX Player for Rs 1,000 Cr, to launch a OTT service next quarter https://t.co/LZe4UBkTOj @Timesinternet…