“Nexstar Media Group Inc., NXST -0.47%▼ the nation’s biggest owner of local television stations, is close to a deal to acquire majority control of the CW Network from co-owners Warner Bros. Discovery Inc. WBD -0.17%▼ and Paramount Global, PARA -1.67%▼ according to people familiar with the matter.” Click here to continue reading via Wall Street […]

“Nexstar Media Group’s long-simmering talks to acquire control of The CW network appear to be closer to an agreement, according to sources familiar with the situation.” Click here to continue reading via Broadcasting & Cable.

“Nexstar Media Group NXST +0.40% ’s bid to take a majority stake in the CW Network from co-owners Warner Bros. Discovery WBD –2.77% and Paramount Global PARA –2.19% , is close to being completed, The Wall Street Journal reported.” Click here to continue reading via Barron’s.  

“Nexstar Media Group’s pursuit of majority control of the CW is nearing the finish line, according to people with knowledge of the pending transaction.” Click here to continue reading via Deadline.  

“The largest owner of the U.S. TV stations — Nexstar Media Group — is nearing a deal to acquire a major stake in The CW from co-owners Warner Bros. Discovery and Paramount Global, according to a number of reports.” Click here to continue reading via MediaPost.

“Several months after reports first surfaced that local television station owner Nextstar Media Group was interested in buying The CW network, it appears the company is close to acquiring a majority stake in the broadcast channel.” Click here to continue reading via TheWrap.  

“A new report suggests that Nexstar Media Group Inc. could be “close to a deal” to acquire majority control of the fan-favorite television network The CW. The news was reported by The Wall Street Journal on Thursday, with their reporting claiming that Nexstar would acquire 75% ownership in the network, while its current owners — […]