Warner Bros. Discovery on wednesday officially unveiled its Capability Centre in the state capital, just four months after announcing its plans for Hyderabad. After Warner media and Discovery merged, the hyderabad office for Warner Bros. Discovery was its first Greenfield location in Asia, according to IT and industries minister KT Rama Rao, who gave a speech at the center's opening. He said the multimedia company will not regret choosing hyderabad and thanked them for their choice.

The minister recalled that the hyderabad Capability Centre had taken shape within four months of its announcement, pointing out that Warner Bros. Discovery, the leading media and entertainment company in the world with numerous iconic brands across television, films, and streaming, brought diversity and added to the wide range of businesses that were present in Hyderabad. As a part of our team to the USA, we visited Alexandra Carter in New York earlier in May, and we were pleased to share the opening of Warner Bros. Discovery's Global Capability Centre in hyderabad, he said.

He added that despite the Covid scenario, Telangana's IT employment had increased from over 3,23,000 when the State was created to almost a million now. Telangana's employment and exports have also tripled and quadrupled since the State's establishment. Rama Rao said that hyderabad had surpassed Bengaluru as the top location for global capability centers in the first half of 2023. He emphasized that the city had contributed to 33 percent of the net new IT jobs in the fiscal year 2022 and 44 percent of the net new jobs in the fiscal year 2023, which was unprecedented.

Talking about the several marquee companies that have a presence in hyderabad, he said Apple, Amazon, Google, Microsoft, Meta, Salesforce, Uber, Novartis, Qualcomm, Wells Fargo, Micron, etc. had also 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 were present along with Jennifer Larson, U.S Consul General in hyderabad, Dr. Vishnuvardhan Reddy, Special Secretary, Investment Promotions, and amarnath Reddy, Chief Relations Officer, ITE&C Department.

Warner Bros. Discovery brings with it 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, Turner Classic Movies and so on.

For Warner Bros. Discovery's operations in India, the hyderabad Centre will act as a strategic hub. The Centre is anticipated to hire 1,200 professionals in its first year of operation, with plans to increase that number as business increases.
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SIBY JEYYA

21/09/2023 08:02 AM