Aha stake acquisition news completely unfounded, affirms Sony

Culver Max Entertainment (formerly Sony Pictures Networks India) has refuted media reports on its talks for acquiring a stake in OTT platform Aha.

A section of the media had earlier reported that Sony Pictures Networks India was in discussions with Arha Media & Broadcasting, which runs South Indian OTT platform Aha, to acquire a stake in the platform.

Following the reports, Sony Pictures Networks India (SPNI) issued a clarification, stating, “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.”

Launched on March 25, 2020, by Arha Media & Broadcasting, a joint venture between Geetha Arts and My Home Group, Aha started by offering Telugu content catering to audiences in Andhra Pradesh and Telangana.

In August 2021, Aha launched Aha Kids, a sub-brand focusing on children’s programming. The Tamil language version of Aha was launched in February 2022.