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WarnerMedia Buys Dutch Tech Firm The Widget Company As Part Of Streaming Shift
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deadline.comBy Dade Hayes Finance Editor As it continues its shift to streaming, WarnerMedia has acquired The Widget Co., a Dutch technology provider.
The deal came through its subsidiary, Turner Broadcasting System Europe. TWC operates in the Netherlands and Hungary. Financial terms were not disclosed.
According to TWC’s Linked-In page, the company “puts users at the center of an OTT and TV Everywhere world,” developing tech solutions across connected TVs, game consoles, set-top boxes and mobile apps.
AT&T-owned WarnerMedia is getting set for the May 27 launch of HBO Max, which will start off domestically on AT&T platforms as well as Apple TV, YouTube TV and Charter.
Read more on deadline.com
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