Renowned global media and entertainment conglomerate Warner Bros. Discovery announced it will be making its arrival into the thriving media and entertainment city of Hyderabad by establishing an International Development Centre (IDC), which is anticipated to result in the employment of 1,200 professionals.
The announcement was made by Telangana IT Minister KT Rama Rao following a meeting with Alexandra Carter, senior vice president of Finance at Warner Bros. Discovery. According to the official statement, the discussions at the meeting underscored the parties’ shared ambition for fostering innovation and growth in the media and entertainment sector, further reinforcing their collaboration for a bright future in Hyderabad.
“Thrilled to announce the grand entry of global media powerhouse "Warner Bros. Discovery" into the entertainment realm of Telangana! Hyderabad is set to witness the launch of its incredible IDC, a hub of creativity and innovation, with a whopping 1200 employees in the first year alone! This milestone marks a significant step towards their expansion plans,” KTR tweeted after the meeting.
Through the centre in Hyderabad, Warner Bros. Discovery hopes to take advantage of the enormous potential of the Indian market and the vibrant media and entertainment scene in the city. The agreement demonstrates Warner Bros. Discovery's dedication to supporting the growth of Hyderabad's media and entertainment sector and investing in the local talent pool, according to a statement.
Collaborating with such industry giants promises groundbreaking ventures that will shape the future of media and entertainment sector in Telangana,” KTR, who is currently on an official visit to the United States, added.