Warner Bros. Discovery opened its Hyderabad Capability Centre.

KT Rama Rao said it was an honour that Warner Bros. Discovery's office in Hyderabad was its first Greenfield office in Asia after Warner Media and Discovery merged.

Warner Bros. Discovery opened its Capability Centre in the State capital of Hyderabad on Wednesday. This came just four months after the company said it was going to do so.

IT and Industries Minister KT Rama Rao opened the Centre and said it was an honour that Warner Bros. Discovery's first office in Asia after Warner Media and Discovery merged was in Hyderabad. He thanked the multimedia company for picking Hyderabad and said they would not rue their choice.

The Minister said that Warner Bros. Discovery, the world's largest media and entertainment company with many well-known brands in TV, movies, and streaming, brought diversity and added to the large number of companies already in Hyderabad. He also said that the Hyderabad Capability Centre had been built in just four months after it was announced.

"As part of our trip to the United States, we met with Alexandra Carter in New York in May of this year. We were happy to tell her that Warner Bros. Discovery's Global Capability Centre would be opening in Hyderabad," he said.

When Telangana was made into a state, it had more than 323,000 IT jobs. Today, that number is almost a million, despite the Covid situation, he said, adding that Telangana's exports and jobs had grown by three and four times since the state was made.

Rama Rao said that in the first half of 2023, Hyderabad had passed Bengaluru as the top place for global capability centres. He pointed out that the city had created 33% of the net new IT jobs in the financial year 2022 and 44% of the net new IT jobs in the financial year 2023.

He said that Apple, Amazon, Google, Microsoft, Meta, Salesforce, Uber, Novartis, Qualcomm, Wells Fargo, Micron, etc. all have a presence in Hyderabad and have set up their second biggest centres in the world outside of their offices there.

Gunnar Wiedenfels, CFO of Warner Bros. Discovery, Alexandra Carter, Senior Vice President (Finance) of Warner Bros. Discovery, Jaideep Agarwal, Leader, Hyderabad Capability Centre of Warner Bros. Discovery, and Jennifer Larson, U.S. Consul General in Hyderabad, Dr. Vishnuvardhan Reddy, Special Secretary, Investment Promotions, and Amarnath Reddy, Chief Relations Officer, ITE&C Department, were all there.

Warner Bros. Discovery includes well-known brands and channels like 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.

Warner Bros. Discovery's operations in India will be coordinated through the Hyderabad Centre. The Centre is scheduled to hire 1,200 workers in its first year of operation. As business grows, the number of people working there will grow even more.