The CW

The CW Network, LLC is an American commercial broadcast television network which is controlled by Nexstar Media Group through an 81% ownership interest. 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 Skydance and Warner Bros. Discovery each retaining a 12.5% ownership stake.