Amazon Prime Video & MX Player deal to be called off?

Azha Khan



Amazon Prime Video’s plans to acquire MX Player are expected to be called off due to due diligence issues.

Exchange4Media reports that Amazon had roped in a leading consulting firm for due diligence. The report adds that Amazon sought to acquire the platform at substantially less price.

MX Player developed by Karan Bedi in 2011, was acquired by Times Internet in 2018 for around $140 million.

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