2.2 C
Washington

The CW CEO Mark Pedowitz Out as Nexstar Closes Acquisition

Date:

Share:



Nexstar is closing its purchase of The CW, but it’s doing it without Mark Pedowitz. On Monday, the media company announced it had completed its purchase of 75% ownership interest in The CW network, with Warner Bros. Discovery and Paramount Global each retaining a 12.5% interest. However, CEO and chairman Mark Pedowitz will not be…



Source link

Subscribe to our magazine

━ more like this

Zuckerberg hails Nvidia CEO Jensen Huang as the ‘Taylor Swift of tech’

Meta CEO Mark Zuckerberg and Nvidia boss Jensen Huang have given the tech world the crossover no one knew they needed, complete with...

Ozempic maker Novo Nordisk facing pressure as study finds $1,000 appetite suppressant can be made for just $5

Ozempic could be profitably produced for less than $5 a month even as maker Novo Nordisk A/S charges almost $1,000 in the US,...

Embracer is selling Borderlands developer Gearbox to Take-Two

Swedish gaming conglomerate Embracer Group has entered an agreement to sell Gearbox Interactive to Rockstar parent company Take-Two for $460 million. In a...

Ask Andy: Should I work for this startup? And when is it safe to disclose a mental-health challenge?

Welcome to the inaugural edition of Ask Andy. In this biweekly column, Andy Dunn—the founding CEO of Bonobos and Pie—offers advice on leading...

Dusty winds and heavy rain are making chocolate eggs and bunnies more expensive than ever

Shoppers may get a bitter surprise in their Easter baskets this year. Chocolate eggs and bunnies are more expensive than ever as changing climate patterns...