Nexstar Media to own 75 percent stake in The CW Network
Nexstar Media Group is planning to acquire a 75 percent ownership in The CW Network. Warner Bros. Discovery and Paramount Global, the current co-owners of The CW, will each retain a 12.5 percent ownership interest. An excerpt from the announcement reads: “The proposed transaction is expected to create value for Nexstar shareholders by solidifying the […] The post Nexstar Media to own 75 percent stake in The CW Network appeared first on Talking Biz News .
Nexstar Media to own 75 percent stake in The CW Network
Nexstar Media Group is planning to acquire a 75 percent ownership in The CW Network. Warner Bros. Discovery and Paramount Global, the current co-owners of The CW, will each retain a 12.5 percent ownership interest. An excerpt from the announcement reads: “The proposed transaction is expected to create value for Nexstar shareholders by solidifying the […] The post Nexstar Media to own 75 percent stake in The CW Network appeared first on Talking Biz News .