Starzplay CEO says IPO plan ‘up to three years away’ despite subscriber surge
- Date: 05-Oct-2020
- Source: Arabian Business
- Sector:Financial Markets
- Country:uae-top-picks
Starzplay CEO says IPO plan ‘up to three years away’ despite subscriber surge
The CEO of Dubai-based online streaming platform Starzplay, Maaz Sheikh, has revealed plans to take the company public are still up to three years away.
Sheikh told Arabian Business that the business, which was only founded in 2015, has reported over 600,000 new subscribers since the start of the year, largely fuelled by lockdown measures introduced in March and April this year.
The Big Bang Theory, The Office and Friends all prove popular for Dubai-based streaming service
However, he admitted this will not accelerate plans for an IPO.
He said: “IPO is definitely our ambitious goal, but we're also perhaps two-to-three years away from it. We need to double our business in the next two years to be
Select Sector 
Select Country 
