The ailing #WokeSuperheroes and teenagers-talking-in-hallways network The CW has been sold for zero dollars.
That's not a joke, the purchaser "bought" it for zero dollars. The catch is that the purchaser, Nexstar, will have to assume $100 million in The CW's debt.
This is another example of the new owner of AT&T/Warner Bros. attempting to shed some of the billions of dollars of the merged company's debt.
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The ailing #WokeSuperheroes and teenagers-talking-in-hallways network The CW has been sold for zero dollars.
>
That's not a joke, the purchaser "bought" it for zero dollars. The catch is that the purchaser, Nexstar, will have to assume $100 million in The CW's debt.
>
This is another example of the new owner of AT&T/Warner Bros. attempting to shed some of the billions of dollars of the merged company's debt.
(post is archived)