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Stock impact report

Dennis Miller Exits As CW President; Brad Schwartz Expected To Succeed Him – Update [Yahoo! Finance]

Nexstar Media Group, Inc. (NXST) 
Last nexstar media group, inc. earnings: 2/26 07:04 am Check Earnings Report
Company Research Source: Yahoo! Finance
The move brings together the business and programming oversight of the CW into one job the way it was before the network was acquired by Nexstar when it was run by CEO Mark Pedowitz. More from Deadline Rumors about a potential Miller exit had been circulating for a couple of weeks. Nevertheless, his departure is surprising as Miller last year re-upped his contract to remain as CW President through 2027. Miller had been at the helm of The CW since Nexstar Media Group bought majority control of the broadcast network in fall 2022 as the company has undergone a series of cuts, with sources indicating that more may be on the horizon amid a challenging ad market. Miller's exit comes on the heels of the departure earlier this month of Michael Strober, Nexstar Media Group's EVP and Chief Revenue Office, also after two years. His position was eliminated. With a background in media and venture capital, Miller steered the CW through a bumpy transformation and financial overhaul. Nexst Show less Read more
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