The Cw Lays Off 30 40 Employees Following Nexstar Takeover
The move is the first large scale overhaul at the CW after Nexstar, the largest television-station owner in the United States, took control of the channel’s operation on October 3. Warner Bros. Discovery and Paramount Global, The CW’s previous owners, sold a majority of their unprofitable joint venture to Nexstar in June. Among those laid off on Tuesday were Paul Hewitt, the CW communications chief since it formed from the merger of UPN with The WB in 2006....