Nexstar Media Group to Acquire 75% Stake in The CW Network
Warner Bros. Discovery and Paramount will each retain 12.5% stakes and will continue to supply programming
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Warner Bros. Discovery and Paramount will each retain 12.5% stakes and will continue to supply programming
Transaction Expected to Improve Ratings, Revenue and Profit Opportunities for The CW and its Affiliates Warner Bros. Discovery and Paramount Global to Retai
Nexstar Media Group, the country’s largest TV station owner, has acquired a controlling stake in the CW Network from its co-owners Paramount Global and Warner Bros. Discovery.
Nexstar Media Group will become the next majority owner of The CW network after making a deal with Warner Bros Discovery and Paramount Global.
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