“Nexstar Media Group said today that it has closed its previously announced acquisition of a 75% ownership interest in The CW Network from co-owners Warner Bros. Discovery and Paramount Global, which will each retain a 12.5% ownership interest in The CW. Nexstar also announced that Dennis Miller has been named president of The CW, effective immediately. He has been a member of Nexstar’s board of directors since 2014 and has stepped down from the board in connection with his appointment. Nexstar has initiated a search for a new board member.”
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Pedowitz Exits CW As Nexstar Media Closes Acquisition Of The Network
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