FILE PHOTO: The ViacomCBS logo is displayed at the Nasdaq MarketSite to celebrate the company’s merger, in New York, U.S., December 5, 2019. REUTERS/Brendan McDermid/File Photo

January 6, 2022

(Reuters) – AT&T Inc’s WarnerMedia and ViacomCBS Inc are exploring a possible sale of a significant stake or all of the CW Network, which they jointly own, the Wall Street Journal reported late on Wednesday.

Nexstar Media Group Inc is among the suitors, according to the report, which cited people close to the talks.

(Reporting by Baranjot Kaur in Bengaluru; Editing by Shounak Dasgupta)


Source: One America News Network

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