Warner Bros. Acquires DramaFever

Burbank-based Warner Bros. said Tuesday afternoon that it has acquired DramaFever, an online, video-on-demand company focused on Korean dramas, Kpop, and other related content. Financial details of the deal were not announced. Time Warner said it will continue to run DramaFever under its own brand, with operations based in New York. DramaFever offers up subscription access to Korean television and film dramas, to both U.S. and other audiences.