Warner Bros. Discovery Expands Global Streaming Empire with Strategic Acquisition of Turkey's BluTV
Warner Bros. Discovery Inc (NASDAQ: WBD) has completed the acquisition of Turkish streaming service BluTV, a significant expansion in its streaming portfolio. The financial terms of the transaction remain undisclosed. BluTV, Turkey's first local subscription video-on-demand (SVOD) service, has partnered with Warner Bros. Discovery for the past three years, during which WBD held a 35% stake in the company, the Variety reports. Since its inception in 2016, BluTV has experienced substantial growth
Warner Bros. Discovery Inc (NASDAQ: WBD) has completed the acquisition of Turkish streaming service BluTV, a significant expansion in its streaming portfolio. The financial terms of the transaction remain undisclosed. BluTV, Turkey's first local subscription video-on-demand (SVOD) service, has partnered with Warner Bros. Discovery for the past three years, during which WBD held a 35% stake in the company, the Variety reports. Since its inception in 2016, BluTV has experienced substantial growth
Warner Bros. Discovery Inc (NASDAQ: WBD) has completed the acquisition of Turkish streaming service BluTV, a significant expansion in its streaming portfolio
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