© Reuters. 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
(Reuters) – AT&T Inc (NYSE:)’s WarnerMedia and ViacomCBS (NASDAQ:) 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 (NASDAQ:) Inc is among the suitors, according to the report, which cited people close to the talks.
Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.