“Nexstar Media Group Inc., the nation’s biggest owner of local television stations, said it has agreed to buy majority control of the CW Network from co-owners Warner Bros. Discovery Inc. and Paramount Global PARA 1.51%▲.” Click here to continue reading via Wall Street Journal: https://www.wsj.com/articles/nexstar-to-buy-majority-control-of-cw-network-11660564533
“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. The Irving, Texas-based company announced the deal Monday, giving it control of a national broadcast service already carried by 37 of its stations including WPIX in New York, […]
“Nexstar Media Group said it agreed to acquire 75% of The CW Network, putting the station owner a bigger national and creative stage.” Click here to continue reading via Broadcasting & Cable: https://www.nexttv.com/news/nexstar-media-acquires-75-stake-in-the-cw-network
“Nexstar Media Group revealed Monday it is set acquire a 75% majority stake in the CW Network from Paramount Global and Warner Bros. Discovery, more than six months after first beginning negotiations for the deal.” Click here to continue reading via Variety: https://variety.com/2022/biz/news/the-cw-nexstar-acquisition-paramount-warner-bros-discovery-1235150229/
“The CW is about to enter a new ownership era, as local TV giant Nexstar Media Group has confirmed a pending deal to acquire a 75% stake in the 16-year-old broadcast operation.” Click here to continue reading via Deadline: https://deadline.com/2022/08/the-cw-nexstar-new-owner-closes-deal-broadcast-tv-1235092108/
“Nexstar Media Group (NXST.O), the largest local TV station owner in the United States, said on Monday it will acquire a majority stake in The CW Network, home to popular shows such as ‘Riverdale’, which based on the popular Archie comics, and superhero show ‘The Flash’.” Click here to continue reading via Reuters: https://www.reuters.com/markets/deals/nexstar-acquire-75-cw-network-2022-08-15/
“The CW is getting new ownership.” Click here to continue reading via The Hollywood Reporter: https://www.hollywoodreporter.com/tv/tv-news/the-cw-sold-nexstar-1235141964/
“Nexstar Media Group announced today that it entered into a definitive agreement to acquire a 75% ownership interest in The CW Network. Warner Bros. Discovery and Paramount Global, the current co-owners of The CW, will each retain a 12.5% ownership interest in The CW and will continue to produce original, scripted content for the network.” […]
“Confirming months of speculation about The CW‘s future, local-TV giant Nexstar Media Group announced Monday that it will acquire a 75 percent ownership stake in the broadcast network.” Click here to continue reading via TVLine: https://tvline.com/2022/08/15/nexstar-buying-the-cw-new-owner-acquisition-deal/
“Nexstar on Monday announced a deal to acquire a majority stake in the CW from ViacomCBS and Warner Bros. Discovery, after months of anticipation following leaks about an arrangement.” Click here to continue reading via Axios: https://www.axios.com/2022/08/15/nexstar-acquire-75-of-the-cw