Shinsegae Group bets 1.4 trillion won on Warner Bros. acquisition, eyes Asian dominance with Harry Potter
Secures a stake in the merger with a $1 billion investment, linking up with OTT platforms serving 200 million subscribers and unlocking theme-park synergies
Rewriting the rules of brick-and-mortar retail with blockbuster intellectual property Shinsegae Group is making a strategic bet amid a seismic shift in the global media industry. It will make an indirect investment of $1 billion, or about 1. 4 trillion won, in the acquisition of Warner Bros.