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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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Mark Pedowitz Exits As Chairman & CEO Of The CW As Nexstar Acquisition Closes
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deadline.comMark Pedowitz is stepping down as Chairman and CEO of the CW after eleven and a half years at the helm of the broadcast network, one of the longest tenures in network television.
The move comes as local TV giant Nexstar Media Group is taking over the CW, with its acquisition of 75% stake in the 16-year-old broadcast operation now completed.
He will be replaced by Dennis Miller who was named President, confirming new owners’ intention to take the CW in a different direction.
Pedowitz’s exit is effective immediately, and the respected veteran TV executive will be reviving his Pine Street Entertainment company, which he was producing for under a deal at Warner Bros.
Read more on deadline.com
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