Nexstar Announces Agreement to Acquire The CW

Nexstar Media Group is crossing the finish line in its deal for The CW. On Monday, Nexstar officially entered into a definitive agreement to acquire majority control of The CW, giving the company a 75% ownership interest in the broadcaster. Current partners, Paramount Global and Warner Bros. Discovery, each take 12.5% in The CW and…

(SOURCE) https://www.adweek.com/convergent-tv/nexstar-agreement-to-acquire-the-cw-network/

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