Warner Bros. Discovery opens Capability Center in Hyderabad, KTR elated

HYDERABAD: Warner Bros Discovery is the world’s leading media and entertainment company with many iconic brands across television, films, and streaming, said IT and Industries Minister KT Rama Rao (KTR). He was speaking at the inaugural function of ‘Hyderabad Capability Center’ of Warner Bros. Discovery on Wednesday.

“I am proud to note that Warner Bros. Discovery, with such marquee presence and brands in the media space, has chosen Hyderabad for setting up its development center,” said Minister KTR.

KTR also said that the ‘Hyderabad Capability Center’ has taken very good shape within four months of its announcement. “As part of our delegation in the USA, we met Alex Carter in New York earlier this year in May and were glad to announce the entry of Warner Bros. Discovery’s Global Capability Center in Hyderabad,” he said.

KTR stated that it was a privilege to note that the Hyderabad office for Warner Bros. Discovery was its first Greenfield office in Asia after the merger of Warner Media and Discovery. He thanked the Warner Bros. Discovery team for choosing Hyderabad and said this it was a decision that they would not regret.

KTR also said that Warner Bros. Discovery brought diversity and added to the wide range of companies that were present in Hyderabad.

KTR also mentioned that when Telangana was formed, its IT employment was over 3,23,000 and today the number has almost risen to a million, despite the Covid pandemic. He also added that Telangana’s employment and exports have tripled and quadrupled since the formation of the State.

On this occasion, the Minister highlighted that Hyderabad city has contributed to 33 per cent of the net new IT jobs in FY 2022 and 44 per cent of the net new jobs in FY 2023 which is unprecedented. “In the first half of 2023, Hyderabad has overtaken Bengaluru as the top destination for the Global capability centers,” said KTR.

The Minister mentioned the iconic brands, and channels available in 220 countries and 50 languages which include - Discovery Channel, Max, discovery+, CNN, DC, Eurosport, HBO, HGTV, Food Network, OWN, Investigation Discovery, TLC, Magnolia Network, TNT, TBS, truTV, Travel Channel, MotorTrend, Animal Planet, Science Channel, Warner Bros. Film Group, Warner Bros. Television Group, Warner Bros. Games, New Line Cinema, Cartoon Network, Adult Swim, Turner Classic Movies, Discovery en Español, Hogar de HGTV and others.

Talking about the several marquee companies set up in Hyderabad, he said that Apple, Amazon, Google, Microsoft, Meta, Salesforce, Uber, Novartis, Qualcomm, Wells Fargo, Micron, etc. had set up their second-largest campuses in the world outside of their headquarters in Hyderabad.

Gunnar Wiedenfels, CFO, Warner Bros. Discovery, Alexandra Carter, Senior Vice President (Finance) Warner Bros. Discovery, Jaideep Agarwal, Leader, Hyderabad Capability Centre, Warner Bros. Discovery was present at the inauguration. Jennifer Larson, U.S Consul General in Hyderabad, Dr. Vishnuvardhan Reddy, Special Secretary, Investment Promotions, and Amarnath Reddy, Chief Relations Officer, ITE&C Department, Government of Telangana also attended the inauguration ceremony.