Hungama Play, a video-on-demand provider, said the acquisition shows its focus on South Indian markets.
Hungama Play has the largest Telugu catalog in the app ecosystem. Of the total content library on Hungama Play, 25 per cent of the movies are Telugu titles, making it the second largest collection after Hindi films, said Hungama.Com CEO Siddhartha Roy.
"While the four south Indian languages constitute 38 per cent of overall content consumption in India, Telugu is the third most consumed language on our app after Hindi and English respectively," Roy told reporters here.
Launched in July 2015, Hungama Play currently offers over 7,500 movie titles across English, Hindi and other Indian languages for a monthly subscription of Rs 199.
Roy said Hungama has a monthly active user base of 67 million across its entertainment services and it will reach 100 million MAUs (monthly active users) by March 2017.
He said "17 million users transact with the company for various digital services."
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