Nexstar to acquire majority control of The CW – Digital TV Europe

US local broadcasting group Nexstar Media Group is to acquire a 75% majority stake in The CW network. Warner Bros. Discovery and Paramount Global, the current co-owners of The CW, will each retain a 12.5% stake in the broadcaster and will continue to produce original, scripted content for the network. Nexstar, together with its partner […]

Source: Nexstar to acquire majority control of The CW – Digital TV Europe