Nexstar to acquire controlling interest in the CW Network
Nexstar to acquire controlling interest in the CW Network
(NEXSTAR) — Nexstar Media Group, the parent company of NewsNation, announced Monday that it plans to acquire 75% ownership interested in The CW Network.
Nexstar, the nation’s largest local television broadcasting company, already owned and operated 37 CW and CW Plus affiliates. In a press release, company management said the move should solidify company revenue by increasing national advertising…