Warner Bros. to Acquire Korean-TV Streaming Service DramaFever

Seven-year-old DramaFever launched as a subscription streaming service for U.S. audiences of Korean dramas. The company, backed in its early days by AMC, has since expanded into international programming in a variety of languages and now offers its service in more than 20 countries. But Korean dramas such as current hit Cheese in the Trap and 2013 sensation My Love From Another Star remain a driving force on the service. SoftBank acquired DramaFever in 2014 for a reported $100 million but quietly put the streamer up for sale last year. – Natalie Jarvey, The Hollywood Reporter