[W. Knight]

It's official: The deal is closed between Nexstar, WBD and Paramount, where the former will be the new boss of The CW at 75% ownership versus the latter two's 12.5% respectively.

Mark Pedowitz, the current network president, is also out, replaced by Dennis Miller.

https://www.nexstar.tv/nexstar-closes-ac...w-network/

Nexstar Media Closes Acquisition of The CW Network | Nexstar Media Group, Inc.
Nexstar Media Group, Inc. announced today that it has closed its previously anno…
  Source: www.nexstar.tv