site categories
Latest in Nexstar
Showbiz Stocks 2022: WWE Wins Wall Street Battle Royale As Disney, Others Bite The Dust
U.S. stocks just wrapped their worst year since 2008 with media and tech leading the downward spiral. Streaming got messy, linear TV declined, a theatrical recovery sputtered, inflation, interest rates, unemployment and geopolitics turned ugly, recession jitters hit advertising, and M&A mostly ground to a…
-
-
7 Comments Comment on Showbiz Stocks 2022: WWE Wins Wall Street Battle Royale As Disney, Others Bite The Dust
Nexstar Installs Former Turner Ad Exec Michael Strober In Newly Created Chief Revenue Officer Post
Nexstar Media Group has appointed former Turner ad sales exec Michael Strober to the newly created position of EVP and Chief Revenue Officer.
Strober will be responsible for “leading the reimagination and execution of a new advertising sales and go-to-market strategy for the company,” according to…
-
By Dade Hayes
-
The TV Network Slot Machines Built? Nexstar Says Its Investment In The CW To Be Mostly Funded By Proceeds From Sale Of Chicago Property To Casino Developer
Nexstar Media Group, which has long been known for its enviable balance sheet and knack for finding ways to economize, plans to fund its investment in The CW with proceeds from its sale of a Chicago property to a casino developer.
While the company’s drive to wring profits out of The CW and also its…
-
By Dade Hayes
-
The CW To Shed WBD, Paramount Content In 2023-24 Season; Former Owners “Not Precluded From Selling Us Programming” If It’s “A Deal We Like,” Says Nexstar CEO
Nexstar CEO Perry Sook and execs of the nation’s biggest broadcaster said its imprimatur will be evident on The CW schedule for the 2023-2024 season with lower cost, broader appeal, and more unscripted fare and minimal content from former co-owners Warner Brothers Discovery and Paramount…
Nexstar Focused On The CW “Ratings, Revenue, And Profitability” As Network’s New Owner Posts Q3 Numbers
Nexstar grew revenue 9.7% for the September quarter to $1.29 billion for the three months ended in September, as the new CW owner cited growth in political advertising, distribution and digital revenue.
Sales were shy of forecasts but profit was a beat, jumping to $287 million, or $7.30 a share, from…
‘Whose Line Is It Anyway’ To End Run On CW, Says Star Colin Mochrie
Another CW show is on its way out.
Whose Line Is It Anyway? will wrap its 12th and final season this spring on the network. Longtime star Colin Mochrie tweeted that they will begin shooting the last season in January.
Hey everyone. Hope you are enjoying the current season of Whose Line. In…
-
By Lynette Rice
-
New CW Chief Brad Schwartz Talks Scripted Strategy, Unscripted Plans & Branding As He Seeks “Breakthrough Content” That Also Makes Money
As Nexstar announced Wednesday morning, former Pop TV president Brad Schwartz is returning to the network executive ranks as President of Entertainment at The CW. Reporting to new CW president Dennis Miller, he will be starting at the network in two weeks as he winds down his current role as CEO of The…
The CW Shake-Up: Programming Boss Search Heats Up With Candidates Including Brad Schwartz After Layoffs
EXCLUSIVE: The new iteration of The CW is starting to take shape.
Two and a half months after Nexstar Media Group acquired a majority stake in the broadcaster, the new owners are starting to make moves that will determine its programming mix and who will be leading this charge.
Chief among these…
-
By Peter White
-
- Exclusive
- TV
The CW Is Hit With Dozens Of Layoffs As Nexstar Plots More Frugal Course For Broadcast Network
Less than a month after Nexstar Media closed a deal to take 75% ownership of The CW, the broadcast network has been hit with dozens of layoffs.
The exact number of departures is still becoming clear, but one person with knowledge of the situation pegged it at about 30 to 40. While Nexstar is known…
-
By Dade Hayes
-
Two Senior CW Execs Depart In Wake Of Nexstar Takeover
Two senior executives at the CW — Rick Haskins, president of streaming and chief branding officer, and finance chief Mitch Nedick — are departing the network as Nexstar assumes control.
The exits were confirmed Monday by sources at the network, whose longtime CEO, Mark Pedowitz, announced this…
-
By Dade Hayes
-
Nexstar Says Average CW Viewer Is 58, And Internet Can’t Stop Laughing
During a call with analysts today, executives from Nexstar Media Group revealed how they hope to turn the CW into more of a cost-conscious broadcast network that appeals to a broader audience. Turns out the CW is a lot closer to that goal than anyone might have imagined.
The reality, according to Nexstar President and…
-
By Lynette Rice
-
The CW Will Be A Profitable Network By 2025, With Broader And Cheaper Programming, New Owners At Nexstar Signal
As it transitions to new ownership, the CW will likely not look dramatically different in the near term, but Nexstar Media Group intends to turn it into a more broad-audience and cost-conscious broadcast network.
The company earlier today confirmed it is set to take a 75% ownership stake in the network, with previous…
-
By Dade Hayes
-
Next page of stories
More Stories
Sidebar
Newswire
PMC
Deadline is a part of Penske Media Corporation. © 2023 Deadline Hollywood, LLC. All Rights Reserved.
Powered by WordPress.com VIPSite
ad