The CW CEO Mark Pedowitz Out as Nexstar Closes Acquisition

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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…

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