Nexstar is closing its purchase of The CW, but it’s doing it without Mark Pedowitz. On Monday, the media company announced it had completed its purchase of 75% ownership interest in The CW network, with Warner Bros. Discovery and Paramount Global each retaining a 12.5% interest. However, CEO and chairman Mark Pedowitz will not be…

(SOURCE) https://www.adweek.com/convergent-tv/cw-ceo-mark-pedowitz-out-as-nexstar-closes-acquisition/