21-11-2022, 09:01 PM
More news about the acquisition: The Hollywood Reporter got access to Nexstar's Q3/2022 financial statements, in which THR mentioned this tidbit:
This means, more sooner than later, Nexstar will finally have full control of The CW. The full view:
www.hollywoodreporter.com
Quote:And sooner rather than later, the company is likely to acquire the 25 percent of The CW that WBD and Paramount are holding on to. Per its filing, Nexstar has a call option in August 2024 to acquire the remaining stake, and the sellers have an option in June 2026 to force Nexstar to acquire the remaining equity.
This means, more sooner than later, Nexstar will finally have full control of The CW. The full view:
www.hollywoodreporter.com