Nexstar will acquire 75% of The CW for $0.
— DiscussingFilm (@DiscussingFilm) June 30, 2022
Instead, Nexstar will assume a significant portion of The CW’s current losses, which could exceed $100M.
(Source: https://t.co/HtAYcmjwwj) pic.twitter.com/AAPG3PZUOJ