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Nexstar Buys Into The CW

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Nexstar Media Group, Inc. announced today it entered into a definitive agreement to acquire a 75% ownership interest in The CW Network, LLC (aka The CW):


Warner Bros. Discovery and Paramount Global, the current co-owners of The CW, will each retain a 12.5 percent ownership interest in The CW and will continue to produce original, scripted content.


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