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Perry Sook, CEO of The CW parent Nexstar, said the network’s deal this year to broadcast the Saudi-backed LIV Golf circuit has led to talks with “everyone” in the vibrant sports rights marketplace.

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‘The Winchesters,’ ‘Kung Fu’ Both Canceled at The CW

BreAnna Bell “The Winchesters” has been canceled after one season at The CW, with the network also canceling the reboot of “Kung Fu” after three seasons. “As we reimagine the new CW, we had to make some tough programming decisions,” The CW said in a statement. “We thank our partners at Warner Bros. and the casts and creative teams of ‘Kung Fu’ and ‘The Winchesters’ for all their hard work, creativity and dedication.” The “Supernatural” prequel series “The Winchesters” followed demon hunters Sam and Dean’s parents, John (Drake Rodger) and Mary (Meg Donnelly), telling the story of how the couple met as teens and how they ultimately came together to save the entire world. The story is told from Dean’s (Jensen Ackles) perspective, marking the first return of Ackles’ character since the series finale in November of 2020.

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‘Walker: Independence’ Canceled After One Season at The CW

Joe Otterson TV Reporter “Walker: Independence” has been canceled at The CW after just one season, Variety has learned. The series served as a prequel to fellow CW show “Walker,” which was just renewed for Season 4 at the network. The show was set in the late 1800s. Per the official description, it followed “Abby Walker (Katherine McNamara), an affluent and tough-minded Bostonian whose husband is murdered before her eyes while on their journey out West. After crossing paths with Calian (Justin Johnson Cortez), a curious Apache tracker, Abby arrives in the town of Independence, Texas, where she encounters diverse and eclectic residents running from their pasts, chasing their dreams, and keeping their own secrets.”

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Mick Mulvaney Named Contributor at NewsNation

Brian Steinberg Senior TV Editor Mick Mulvaney, the former Director of the Office of Management and Budget acting White House Chief of Staff during the Trump administration, has been named a contributor to NewsNation, the upstart cable-news service operated by Nexstar Media. Mulvaney, who has left a contributor role at CBS News, is expected to take up his new duties immediately, appearing on the new politics-roundtable program “The Hill” at 5 p.m. Tuesday. “Mick’s enormous experience in the political sector will make him an incredible resource to viewers,” said Michael Corn, president of news at NewsNation, in a statement. “We are excited to welcome him to our growing powerhouse team of political analysts, especially as we enter another important election season.”

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Perry Sook, CEO Of CW Parent Nexstar, Says Hollywood Has “Responded” To Network Overhaul; Sports Rights Talks “Steady” In Wake Of LIV Golf Deal

Nexstar CEO Perry Sook says the Hollywood community has “responded” to the company’s overhaul of The CW, and sports rights conversations have been “steady” since the company started airing LIV Golf this year.

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Nexstar’s Q1 Ad Sales Dip 6% as the CW Network Helps Digital Revenue Grow 16%

Jennifer Maas TV Business Writer Nexstar reported its first-quarter 2023 earnings Tuesday, revealing its overall ad sales were down 6% year-over-year but its digital revenue increased by a record 16.5%, in part due to the inclusion of the CW Network in its offering. Wall Street forecast earnings per share (EPS) of $2.67 on $1.24 billion in revenue, according to analyst consensus data provided by Refinitiv. Nexstar reported diluted EPS of $2.97 on $1.26 billion in revenue. “Nexstar’s first quarter financial results once again outperformed consensus expectations across all key financial metrics including net revenue, Adjusted EBITDA and attributable free cash flow. All-time high quarterly distribution revenue and the benefit of The CW acquisition more than offset the cyclical year-over-year decline in political and Olympic advertising, resulting in record first quarter net revenues for the Company. We returned nearly 60% of first quarter attributable free cash flow to shareholders in the form of dividends and share repurchases.

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San Diego TV Stations Acquired By CW Parent Nexstar For $35M

Nexstar Media Group, which owns The CW and the largest group of local TV stations in the U.S., is adding two independent stations in San Diego to its portfolio.

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Paramount Global Wraps TV Upfront Pitch Well Before Rivals Launch Their Big Shows

Brian Steinberg Senior TV Editor Getting to Carnegie Hall requires, as the old joke goes, practice, practice practice. Walking away, it would seem, is significantly easier. Paramount Global, a media company that has over the past decades come to emblematize the entertainment industry’s annual “upfront” sales session in no small part because of its presentations at the New York landmark, this year surprised many by walking away from holding one. Chances are the company won’t be returning in the near future. “We are not going to go back to the old way of doing things,” says John Halley, Paramount’s president of advertising, in an interview.

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Eight CBS-Owned Stations to Drop CW Affiliation in September

Joe Otterson TV Reporter Eight CBS-owned TV stations will be dropping their affiliation with The CW and becoming independent stations as of September. The stations are: WPSG Philadelphia (DMA #4), WUPA Atlanta (DMA #6), KBCW San Francisco (DMA #10), KSTW Seattle (DMA #12), WTOG Tampa-St. Petersburg (DMA #13), WKBD Detroit (DMA #14), KMAX Sacramento (DMA #20), and WPCW Pittsburgh (DMA #26). This will give the CBS Stations group a total of 14 CBS Television Network stations and 13 independent stations. “We look forward to reimagining these stations as independents while leveraging the considerable value of their prime-time real estate in each of the markets,” said Wendy McMahon, president and co-head of CBS News and Stations. “It’s an exciting time to look at new opportunities to add local programming, including live sports, and shows from across the Paramount Global brands. We are also grateful to have been part of The CW for 17 memorable years and wish our partners at Nexstar continued success.”

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Eight CBS Stations To Ditch CW And Go Independent This Fall

The CW is about to lose eight important affiliates: the CBS owned and operated stations that are currently affiliated with the Nexstar-owned network will become independent in September.

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CW Parent Nexstar Media Group Reports $39.3M In Total 2022 Pay For CEO Perry Sook

Perry Sook, who has led Nexstar Media Group from humble beginnings two-plus decades ago to its current status as the top owner of TV stations and the parent of The CW, made $39.3 million in 2022.

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The CW Leans Into Global Dramas With UK’s ‘The Rising’ & Australia’s ‘Barons’

The CW has always had a thing or two for an international acquisition and it seems that this strategy is continuing under new ownership.

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Elizabeth Vargas Hopes NewsNation Debut Adds New Choice for Evening-News Viewers

Brian Steinberg Senior TV Editor The new New York studio that Nexstar Media Group built for Elizabeth Vargas’ nascent NewsNation program is so big, the anchor believes she could do five cartwheels across if called upon to do so. Starting Monday night, the company begins the process of figuring out if such rigorous calisthenics will be necessary. TV-news aficionados likely know Vargas from her 15-year stint as a co-anchor on ABC News’ “20/20,” but on Monday night, she will jump right into the fray in the information wars, with a program at 6 p.m. eastern – a time slot that has become more competitive in recent months. At MSNBC, for example, Ari Melber’s “The Beat” has become one of that network’s most-watched programs. Late-afternoon has become more of a cable-news battlefield as viewers who have learned to work from home after the coronavirus pandemic tune in earlier to get a recap of the day’s events.

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KTLA News Director Pete Saiers Exits Station After 2 Years

EXCLUSIVE: Another shakeup is afoot in the news division of LA’s Nexstar-owned KTLA, this time behind the scenes. The station’s news director, Pete Saiers, is out. The station’s staff was just informed of his abrupt exit. His last day was today. The official stance is that Saiers and the management mutually agreed to not renew his contract, I hear. Deadline has reached out to KTLA and parent Nexstar for comment.

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The CW Lays Off Over a Dozen Employees in Latest Round of Cuts Under Nexstar

Joe Otterson TV Reporter More layoffs are underway at The CW, Variety has confirmed. Sources say that over a dozen people have been let go from the network, mostly in the marketing and finance divisions. According to an individual with knowledge of the situation, those released this time were supposed to be part of an initial round of cuts that took place late last year, but ongoing projects or remaining time on their contracts meant they were not let go until today. This marks the latest layoffs at the broadcast network since Nexstar acquired a majority stake in it in October 2022. As Variety exclusively reported in November, between 30-40 staffers were laid off shortly after the deal closed, including longtime network communications head Paul Hewitt. Those came after network head Mark Pedowitz stepped down along with several other senior executives.

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The CW Hit By New Round Of Layoffs

EXCLUSIVE: The CW is undergoing another round of staff cuts, sources tell Deadline. We hear more than 15 people were affected, with the marketing/promotional team impacted, along with finance.

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The CW Alternative Exec Cyle Zezo Exits After 9 Years

EXCLUSIVE: Cyle Zezo, who oversaw alternative programming at The CW, is leaving the broadcaster.

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The CW Lands ‘FBoy Island’ & Sets Up Date With ‘FGirl Island’ Spinoff

EXCLUSIVE: FBoy Island, the breakout HBO Max reality format, is getting another date.

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Karamo Brown Syndicated Talk Show Renewed For Season 2 By NBCUniversal

Karamo, the syndicated talk show hosted by Karamo Brown, has been renewed for a second season. The news was announced Thursday by Tracie Wilson, Executive Vice President, NBCUniversal Syndication Studios & E! News.

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Nexstar Plans to Package CW, NewsNation With Local Stations in TV Upfront (EXCLUSIVE)

Brian Steinberg Senior TV Editor Nexstar Media has spent months assembling a massive roster of TV stations; acquring TV’s CW network; and building the NewsNation cable-news oulet. Now comes the hard part: Getting Madison Avenue to buy ads across all of it. The nation’s largest owner of local TV outlets is ready to make its pitch to advertisers and has already scheduled a presentation for media buyers in New York for April 25. The goal, says Michael Strober, the company’s chief revenue officer, is to showcase the company’s reach among both national and local media. “We can bring local and national to our clients in ways that have never been replicated across the country,” he says in an interview. “The CW, NewsNation, TheHill, Nexstar Digital and over 200 local stations — that to me is our differentiator in the marketplace.”

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CW Taps iSpot to Count LIV Golf Tournament Viewers

Brian Steinberg Senior TV Editor The CW is hoping advertisers will take another swing at its unorthodox new golf tournament if it offers some different ways of doing transactions that involve it. The network, recently brought under control of Nexstar Media Group, will work with iSpot.TV, one of a handful of new providers of audience-measurement technologies, to measure the effectiveness of commercials attached to linear and digital broadcasts of tournaments backed by LIV Golf, the upstart league financed by Saudi Arabia. CW is to air 14 global LIV Golf League live events in 2023 and will stream the events live on its app. Weekend tournaments will air live on Saturdays and Sundays on the linear network, and stream online Fridays.