Earlier this week, The CW chairman and CEO Mark Pedowitz was among the TV execs who told Adweek his top priority for 2022: “After getting back to the office, exploring new ways to thrive.”
He might be tackling that much earlier than anticipated. This morning, Pedowitz confirmed reports that The CW’s joint owners—WarnerMedia and ViacomCBS—are considering selling all or part of the broadcast network.
Nexstar Media Group is in the lead to buy at least a controlling stake in The CW, according to The Wall Street Journal, which first reported the news Wednesday night.
The CW launched in 2006, following the merger of broadcast networks The WB (owned then by Warner Bros.,