TV station owner Nexstar acquires controlling stake in CW
The TV station group aims to make the network more compatible with its local newscasts.
Source: latimes.com
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The CW - Nexstar Confirms Plan For 75% Ownership Stake - Mark Pedowitz To Remain CEO
The CW - Nexstar Confirms Plan For 75% Ownership Stake - Mark Pedowitz To Remain CEO
Source: spoilertv.com
Nexstar to Acquire 75% Controlling Stake in The CW Network
Warner Bros. Discovery and Paramount will retain 12.5% stakes each in the broadcaster
Source: thewrap.com
Nexstar Media Group Buying Majority Of The CW
Warner Bros. Discovery and Paramount Global to retain minority stakes and produce original, scripted content for The CW.
Source: tvnewscheck.com
Nexstar Buys CW Network From Warner Bros., Paramount
The purchase underscores Nexstar’s commitment to traditional broadcasting at a time when TV is losing viewers to online services.
Source: themiddlemarket.com