Warner Bros. Discovery Buys Turkish Streamer BluTV
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deadline.comWarner Bros. Discovery (WBD) has acquired Turkish streamer BluTV. The U.S. media giant already had a 35% stake in the eight-year-old streamer along with content deals in place, and has upped stake to 100%.
Today’s news builds on WBD boss David Zaslav’s declaration during the company’s Q3 results call that it would be allocating capital towards growth initiatives around the world.
BluTV launched in 2016 in Turkey, expanded to MENA in 2018 and in 2021 partnered with Discovery+ as Discovery (prior to the WBD merger) took a 35% stake.
That partnership deepened earlier this year when HBO content such as Game of Thrones and The Last Of Us, and kids channels Cartoon Network and Cartoonito were added to BluTV.
Read more on deadline.com
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