CW President Dennis Miller acknowledges the revamped network must still “prove ourselves” to local affiliates, which are still “absorbing” the amount of change.
Speaking to Deadline on Thursday morning, just prior to the annual upfronts-week meeting of the affiliates, Miller said the overall base is still “absorbing” the network’s transformation.
Upon closing its deal in October 2022 to acquire 75% of the network (in exchange for no upfront considerations, primarily via the assumption of debt), Nexstar Media Group signaled a big-time makeover.
Gone are most of the pricey scripted originals largely financed by former 50-50 partners CBS and Warner Bros. (whose parent companies still have 12.5% stakes in The CW).
Read more on deadline.com
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