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.
The CW’s current co-owners, Warner Bros. Discovery and Paramount Global, will each retain a 12.5 percent minority stake, allowing both companies to continue producing original scripted content for The CW. Mark Pedowitz, who has served as the network’s chairman and CEO since 2011, will continue to fill that role and oversee day-to-day operations following the sale.
More from TVLineStargirl Season 3 Photos Feature Reunited Jsa, Starman/Shade TensionNexstar's Plan for The CW Includes Targeting Older Viewers,...
The CW’s current co-owners, Warner Bros. Discovery and Paramount Global, will each retain a 12.5 percent minority stake, allowing both companies to continue producing original scripted content for The CW. Mark Pedowitz, who has served as the network’s chairman and CEO since 2011, will continue to fill that role and oversee day-to-day operations following the sale.
More from TVLineStargirl Season 3 Photos Feature Reunited Jsa, Starman/Shade TensionNexstar's Plan for The CW Includes Targeting Older Viewers,...
- 8/15/2022
- by Rebecca Iannucci
- TVLine.com
Similar News
How ‘Dead Boy Detectives’ Proves There’s Life After Network TV for the YA Genre
- 4/30/2024
- by Abbey White
- The Hollywood Reporter - Movie News
Lifetime Announces ‘Yoga Teacher Killer: The Kaitlin Armstrong Story’
- 4/20/2024
- by Georgia Makitalo
- TV Shows Ace
87North & Universal’s Action Movie ‘With Love’ Swoons For Five
- 4/19/2024
- by Anthony D'Alessandro
- Deadline Film + TV
Beneath The Surface: The Fight For Corals Airs April 22 2024 on Discovery
- 4/15/2024
- by Jules Byrd
- TV Everyday
WNBA Draft 2024: How to Watch Basketball’s Big Event Online
- 4/14/2024
- by Claire Franken
- TVLine.com
How to Watch ‘The Sympathizer’ Premiere Live on Apple TV, Fire TV, Roku & Mobile
- 4/14/2024
- by Matt Tamanini
- The Streamable
IMDb.com, Inc. takes no responsibility for the content or accuracy of the above news articles, Tweets, or blog posts. This content is published for the entertainment of our users only. The news articles, Tweets, and blog posts do not represent IMDb's opinions nor can we guarantee that the reporting therein is completely factual. Please visit the source responsible for the item in question to report any concerns you may have regarding content or accuracy.
More to explore
Box Office: ‘The Fall Guy’ Lands with $28.5M, ‘Phantom Menace’ Tops ‘Challengers’ for No. 2
- 5/5/2024
- by Aaron Couch
- The Hollywood Reporter - Movie News
Box Office: ‘Garfield’ Scratches Up $22 Million Overseas Ahead of Domestic Debut
- 5/5/2024
- by Rebecca Rubin
- Variety - Film News
Bernard Hill, ‘Lord of the Rings’ and ‘Titanic’ Actor, Dies at 79
- 5/5/2024
- by Michaela Zee
- Variety - TV News
Box Office: ‘The Fall Guy’ Headed Toward $28M Debut
- 5/4/2024
- by Aaron Couch
- The Hollywood Reporter - Movie News
‘Gen V’ Won’t Recast Chance Perdomo’s Role After Actor’s Death, Sets Production for May
- 5/5/2024
- by Michaela Zee
- Variety - TV News
Willow Smith Used Meditation and Workouts to Fuel the Creativity on "Empathogen"
- 5/2/2024
- by Lena Felton
- Popsugar.com
Nicki Nicole Says Rap Music Helped Her Get Out of Her Shell
- 4/29/2024
- by Brenda Barrientos
- Popsugar.com
Revisiting Jennifer Lopez’s 2011 Album “Love?” and What It Signifies Today
- 4/29/2024
- by Kimmy Dole
- Popsugar.com
Thalia's "A Mucha Honra" Album Is a Love Letter to Música Mexicana
- 4/26/2024
- by Lucas Villa
- Popsugar.com
Julio Torres's "Problemista" Shows the US Immigration System Is a Relentless Maze
- 4/24/2024
- by Johanna Ferreira
- Popsugar.com
Ryan Reynolds Says Kevin Feige Rejected His ‘Rashomon’-Inspired Pitch for ‘Deadpool & Wolverine’
- 5/5/2024
- by Harrison Richlin
- Indiewire
‘The Idea Of You’ Author Says She Was ‘Not Involved at All’ with Film Adaptation: ‘The Book Is The Book, and the Movie Is the Movie’
- 5/5/2024
- by Harrison Richlin
- Indiewire
‘Baby Reindeer’ Review: A Conventional Stalking Thriller Transforms Into A Devastating & Complex Confessional About Abuse & Trauma
- 5/5/2024
- by Brian Farvour
- The Playlist
Giancarlo Esposito Shows Spike Lee ‘La Dolce Vita’ in New Fiat Commercial
- 5/5/2024
- by Harrison Richlin
- Indiewire
‘The Fall Guy’ Box Office Disappointment Hurts More Than Opening Weekend
- 5/5/2024
- by Tom Brueggemann
- Indiewire
Box Office: ‘The Fall Guy’ Lands with $28.5M, ‘Phantom Menace’ Tops ‘Challengers’ for No. 2
- 5/5/2024
- by Aaron Couch
- The Hollywood Reporter - Movie News
Box Office: ‘Garfield’ Scratches Up $22 Million Overseas Ahead of Domestic Debut
- 5/5/2024
- by Rebecca Rubin
- Variety - Film News
Bernard Hill, ‘Lord of the Rings’ and ‘Titanic’ Actor, Dies at 79
- 5/5/2024
- by Michaela Zee
- Variety - TV News
Box Office: ‘The Fall Guy’ Headed Toward $28M Debut
- 5/4/2024
- by Aaron Couch
- The Hollywood Reporter - Movie News
Ryan Reynolds Says Kevin Feige Rejected His ‘Rashomon’-Inspired Pitch for ‘Deadpool & Wolverine’
- 5/5/2024
- by Harrison Richlin
- Indiewire
The Fall Guy: Every Way the Movie Pays Homage to the 1980s TV Series
- 5/5/2024
- by Matt Webb Mitovich
- TVLine.com
SNL S49 E18: Who Got the Most (and Least) Screen Time?
- 5/5/2024
- by Matthew Stewart
- LateNighter
‘Gen V’ Won’t Recast Chance Perdomo’s Role After Actor’s Death, Sets Production for May
- 5/5/2024
- by Michaela Zee
- Variety - TV News
Gen V Producers Say the Late Chance Perdomo’s Role Will Not Be Recast for Season 2 — Read Statement
- 5/5/2024
- by Claire Franken
- TVLine.com
‘Gen V’ Will Not Recast Chance Perdomo’s Role After Star’s Death
- 5/5/2024
- TV Insider