“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
“Nexstar Media Group, Inc. announced Monday that’s it has agreements to acquire 75% ownership interest of The CW from Warner Bros. Discovery and Paramount Global are underway. The previous co-owners will retain 12.5% ownership each and continue producing original scripted programming for the broadcaster.” Click here to continue reading via The Wrap: Nexstar to Acquire […]
Nexstar will host a conference call and webcast on Monday, August 15, at 10:00AM ET to review The CW Network transaction.
Nexstar Media Group (Nasdaq: NXST) has entered into a definitive agreement to acquire a 75 percent ownership interest in The CW Network. Warner Bros. Discovery (Nasdaq: WBD) and Paramount Global (Nasdaq: PARA, PARAA), the current co-owners of The CW, will each retain a 12.5 percent ownership interest in The CW.
The Hill brings its trusted, credible, and non-partisan political coverage to the growing OTT marketplace Washington, D.C. – August 10, 2022: The Hill, America’s premier source for political and policy news, has launched a streaming channel, marking its first foray into OTT (Over The Top). The Hill is part of Nexstar Digital, the digital business of […]