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Nexstar to Acquire The CW Network

Nexstar Media Group, Inc. announced today that it has 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 …

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Warner Bros. Discovery Is the Name of WarnerMedia & Discovery Merger

Discovery, Inc. today announced the new name of the proposed standalone global entertainment company that will emerge from the combination of WarnerMedia and Discovery assets: “Warner Bros. Discovery.” The company said that the “Warner Bros. Discovery name will honor, celebrate and elevate the world’s most-storied creative studio in the world with the high quality, global …

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