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Media/Telecom Entertainment

WarnerMedia, ViacomCBS Eye Sale of CW Network

By Jessica Toonkel
· · Source: The Wall Street Journal

WarnerMedia and ViacomCBS are looking to sell a stake or all of their jointly owned cable network, the CW Network, according to The Wall Street Journal. And it appears that the most likely buyer could be broadcaster Nexstar Media Group, the article says, citing people familiar with the discussions.. Entertainment companies looking to offload their cable networks is likely to become a bigger...

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