Does the Deal for the CW to be bought by Nexstar Make ANY Sense?

2 years ago
the wb upn warner bros discovery nexstar perry sook david zaslav netflix streaming basic cable network television entertainment industry

A legacy media station group Nexstar has just acquired the CW (formerly the WB and UPN) for no money, just an assumption of their debt which totals $100MM. Is this a further sign that CEO of Warner Bros Discovery David Zaslav is crazy? Or is this merger actually a solid idea?

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