Turner Broadcasting System Europe Ltd., a WarnerMedia subsidiary, has acquired leading Dutch tech agency The Widget Company (TWC) to bolster WarnerMedia’s OTT businesses in Europe. TWC has operations in both Netherlands and Hungary.
Over time, TWC staff will transition to supporting WarnerMedia’s international technology operations, bringing their expertise in creative digital and OTT solutions to current and future WarnerMedia projects for the international marketplace.
The transaction marks a further step in WarnerMedia’s commitment to driving its business in the OTT space.
WarnerMedia is a leading media and entertainment company that creates and distributes premium and popular content from a diverse array of talented storytellers and journalists to global audiences through its operating divisions HBO, Turner, Warner Bros. and Otter Media. WarnerMedia is an operating unit of AT&T Inc. (NYSE:T), a diversified, global leader in telecommunications, media and entertainment, and technology.