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Warner Bros. Entertainment Inc. (commonly known as Warner Bros. and abbreviated as WB), is an American diversified multinational mass media and entertainment conglomerate headquartered at the Warner Bros. Studios complex in Burbank, California, and a division of AT&T's WarnerMedia. Founded in 1923 by brothers Harry, Albert, Sam, and Jack Warner, the company established itself as a leader in the American film industry before diversifying into animation, television, and video games, and is one of the "Big Five" major American film studios, as well as a member of the Motion Picture Association (MPA).
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CW Affiliates In Chicago & Two Other Markets Switch To Nexstar-Owned Stations

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deadline.com

The CW has switched three of its affiliation agreements to Nexstar-owned stations, including in Chicago, the No. 3 U.S. TV market.

Affiliate deals in Chicago, Norfolk, VA (the No. 43 U.S. market) and Lafayette, LA (No. 125) will all shift as of September 1, the company announced.

Nexstar’s ownership of the largest portfolio of CW stations of any local TV player helped motivate the company’s move in 2022 to take a 75% stake in the broadcast network.

Paramount Global and Warner Bros. Discovery, whose corporate ancestors were the original founders of The CW, each retain 12.5% interest.

Read more on deadline.com
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