The CW Network, LLC, commonly referred to as the CW, is an American commercial broadcast television network which is owned by Nexstar Media Group. The network's name is derived from the first letters of the names of its two founding co-owners CBS Corporation and Warner Bros. Nexstar acquired a 75% controlling stake in the network on October 3, 2022, with Paramount Global and Warner Bros. Discovery each retaining a 12.5% ownership stake, then 81% in the later years with Paramount Skydance and WBD's stakes being 9.5%. Due to financial pressure and downfall, in 2026, Paramount Skydance and Warner Bros. Discovery spun off their 9.5% stakes back to Nexstar Media Group exiting the joint-venture altogether.
- Country
- United States
- Headquarters
- Burbank
- Inception
- September 18, 2006
- Website
- https://cwtv.com