Time Warner Studio Buys Korean Streamer DramaFever

Los Angeles Times: Warner Bros. has announced its purchase of DramaFever, a streaming-video subscription service that offers South Korean soap operas and movies. The studio is acquiring DramaFever from Japanese-based telecommunications firm SoftBank. The acquisition signals Warner Bros.’ determination to expand in the so-called over-the-top delivery of its own titles. “We are really intent on getting closer to our audience.”