Nexstar Media Group Archives

Report: The CW Was Never Profitable, Lost Millions To Warner Bros. And CBS Despite Apparent Success Of The ‘Arrowverse’

December 9, 2022

Upon its sale to Nexstar Media, some striking things about The CW’s profitability were revealed and it turns out the network never has been profitable. This crucial bit of information was found in the SEC filin...

The CW Sale Could Mean ‘Superman & Lois’ Is Going Away

JB Augustine

November 14, 2022

Television

The status of Superman & Lois could be in jeopardy with the sale of The CW and the diminishing profile of DC on the network. That’s the indication based on remarks made by their new president and the recent...

Mark Pedowitz Sends Rousing Letter To Colleagues At The CW, Celebrates Network’s Wokeness As He Steps Down As Chairman And CEO

JB Augustine

October 5, 2022

Television

Now that it has found a buyer, Chairman and CEO Mark Pedowitz is out as the head of The CW after eleven years with the network and two years in his post. Source: Batwoman, The CW RELATED: Warner Bro...

Warner Bros. Discovery And Paramount Sell The CW, New Majority Owners Seek To Turn Network Around After Admitting It “Is Not Profitable” And “Operates At An Ongoing Loss”

Spencer Baculi

August 18, 2022

Television

In the latest shake-up made as part of CEO David Zaslav’s attempt to wright the company’s production ship, Warner Bros. Discovery and their partner Paramount Global have reached an agreement to sell a majority ...

Tagged Nexstar Media Group

Report: The CW Was Never Profitable, Lost Millions To Warner Bros. And CBS Despite Apparent Success Of The ‘Arrowverse’

The CW Sale Could Mean ‘Superman & Lois’ Is Going Away

Mark Pedowitz Sends Rousing Letter To Colleagues At The CW, Celebrates Network’s Wokeness As He Steps Down As Chairman And CEO

Warner Bros. Discovery And Paramount Sell The CW, New Majority Owners Seek To Turn Network Around After Admitting It “Is Not Profitable” And “Operates At An Ongoing Loss”