Under her new role, Lee will oversee the brand’s business operations in Korea, as well as Discovery in Japan. The recruitment follows the company’s effort to restructure its leadership team in the region ahead of its merger with Warner.
The international deal-making move, consisting of mergers and acquisitions, including Roku, derived from AT&T’s Warner Media Divison’s recent merger with Discovery, as well as a spike in streaming success and demand across the globe.
The in-depth investigation could last six months or longer. The US federal agency’s assessment initiation results from accusations of the global conglomerate engaging in industries where it does not have a strong position.
The network plans to produce original content for its new streaming platform, CNN+, a separate app offering fresh titles that differ from content offered on HBO Max and other outlets.
Amazon and MGM announced that they have entered into a definitive merger agreement under which Amazon will acquire MGM for a purchase price of US$8.45 billion.