US/India , May 18th 2023: In a move that will reinforce Telangana as the go to destination for global media and entertainment industry, Telangana’s IT and MAUD Minister KTR has inked a deal to welcome Warner Bros. Discovery, a renowned global media and entertainment company. The announcement comes as a result of the Minister’s current, successful tour to the United States, aimed at attracting investments and engaging with prominent businessmen.
Warner Bros. Discovery is known for its unparalleled content, diverse brands, and iconic franchises spanning television, film, streaming, and gaming. The company boasts an extensive portfolio, which includes renowned names such as HBO, CNN, TLC, Discovery, Discovery Plus, WB, Eurosport, Animal Planet, Cartoon Network, Cinemax, HGTV, and Quest.
This groundbreaking development will witness the launch of the incredible Innovation and Development Center (IDC) in Hyderabad, a hub dedicated to fostering creativity and innovation. The IDC is expected to employ a staggering 1200 individuals in its first year alone, marking a significant milestone in Warner Bros. Discovery’s expansion plans.
Media and Entertainment: KTR triumphs another major investment deal for his state
The collaboration between Telangana and Warner Bros. Discovery is poised to pave the way for pioneering ventures that will shape the future of the media and entertainment sector in the state. The entry of such an industry giant not only highlights Telangana’s potential as a global investment destination but also opens up unprecedented opportunities for growth and development.
Telangana has been rapidly emerging as a major hub for the entertainment industry, with its supportive infrastructure, skilled workforce, and conducive business environment. The state government’s proactive efforts in attracting investments and promoting entrepreneurship have successfully positioned Telangana as an ideal destination for international companies seeking expansion and innovation.
KT Rama Rao, IT and MAUD Minister, Government of Telangana, currently on tour to US, and who spearheaded the efforts to bring Warner Bros. Discovery to Telangana, expressed his enthusiasm and gratitude, stating, “We are thrilled to welcome Warner Bros. Discovery to our vibrant state. This partnership will not only bolster Telangana’s position on the global media map but also create immense employment opportunities for our talented workforce. We look forward to the groundbreaking collaborations and path-breaking content that will emerge from this partnership.”
As the state eagerly anticipates the inauguration of the IDC, the arrival of Warner Bros. Discovery promises to reshape the entertainment landscape, bringing world-class content, technological advancements, and unparalleled creativity to the doorstep of Telangana. The visionary partnership is set to leave an indelible mark on the media and entertainment industry, establishing Hyderabad as a frontrunner in the global entertainment realm.
Earlier,
NRIs accorded a warm welcome to IT, Industries, and Municipal Administration Minister as he arrived at John F. Kennedy International Airport, New York, USA, for a week-long business tour.
The Minister has been invited to deliver the inaugural address at the World Environmental & Water Resources Congress by the American Society of Civil Engineers (ASCE) to be held in Henderson, Nevada (May 21-25). The Minister will highlight Telangana’s transformative projects – the monumental Kaleshwaram lift irrigation project and Mission Bhagiratha – reshaping the State’s landscape.
Minister KTR will actively participate in business meetings, pursuing investments that will further elevate Telangana’s prosperity.
