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WarnerMedia and ViacomCBS exploring doable sale of CW Community

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© Reuters. FILE PHOTO: The ViacomCBS emblem is displayed on the Nasdaq MarketSite to have fun the corporate’s merger, in New York, U.S., December 5, 2019. REUTERS/Brendan McDermid/File Photograph

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(Reuters) – AT&T Inc (NYSE:)’s WarnerMedia and ViacomCBS (NASDAQ:) Inc are exploring a doable sale of a major stake or all the CW Community, which they collectively personal, the Wall Avenue Journal reported late on Wednesday.

Nexstar Media Group (NASDAQ:) Inc is among the many suitors, in keeping with the report, which cited folks near the talks.

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