Departing CW Chief Dennis Miller Tells Staffers Network Overhaul Was At Times “Bumpy And Uncomfortable”, But “Only Path Forward” [Yahoo! Finance]
Nexstar Media Group, Inc. (NXST)
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Source: Yahoo! Finance
The exec reflected on his two-year tenure in an memo to staffers obtained by Deadline. The longtime former board member at Nexstar Media Group segued to a management role in October 2022 after Nexstar acquired a controlling 75% of The CW. Previous 50-50 network partners Paramount Global and Warner Bros. Discovery each have retained 12.5% stakes. More from Deadline Miller and programming chief Brad Schwartz, who is expected to replace him, oversaw a dramatic shift in strategy. Since launching in 2006, the fifth-largest broadcast network had primarily served as a platform for the scripted dramas produced by its corporate parents. Under Nexstar, spending was slashed and live sports and weekend programming joined the fold, and unscripted fare elbowed out all but a small handful of the prior slate. Nexstar execs estimated they would turn a profit at The CW by 2025 and have recently said that target remains in sight. Perry Sook, CEO of Nexstar, saluted Miller for “broadening the appe
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News
- Q3 Rundown: Nexstar Media (NASDAQ:NXST) Vs Other Broadcasting Stocks [Yahoo! Finance]Yahoo! Finance
- Nexstar Appoints Bill Sammon as Senior Vice President of Washington, D.C., Editorial Content for The Hill and NewsNation [Yahoo! Finance]Yahoo! Finance
- Nexstar Appoints Bill Sammon as Senior Vice President of Washington, D.C., Editorial Content for The Hill and NewsNationBusiness Wire
- The CW Undergoes Layoffs With Scripted PR Hit Hard [Yahoo! Finance]Yahoo! Finance
- Should You Buy Nexstar Media Group, Inc. (NASDAQ:NXST) For Its Upcoming Dividend? [Yahoo! Finance]Yahoo! Finance
NXST
Earnings
- 11/7/24 - Miss
NXST
Sec Filings
- 11/12/24 - Form 4
- 11/7/24 - Form 144
- 11/7/24 - Form 10-Q
- NXST's page on the SEC website