Warner Bros. Discovery Acquires BluTV

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The Turkish Competition Authority announced that it has approved Warner Bros. Discovery’s acquisition of BluTV. According to the announcements on the website of the Competition Authority, the Board authorised the acquisition of BluTV İletiÅŸim ve Dijital Yayın Hizmetleri AÅž shares by Warner Bros. Discovery, Inc. through Discovery Medya Hizmetleri Ltd.

blutv

The following statements were included in the announcement:

“The final acquisition of BluTv İletiÅŸim ve Dijital Yayın Hizmetleri AÅž shares by Warner Bros. Discovery, Inc. through Discovery Medya Hizmetleri Ltd. Åžti has been authorised.”

Under the deal, BluTV will join Warner Bros. Discovery. With this acquisition, Warner Bros. Discovery is expected to increase its activities in Turkey.

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