The CW is on the block

[Bob Jersey]

Unclear if ViacomCBS or WarnerMedia (or whatever the post-Discovery-merger thang will be called) will keep modest stakes therein...

It's never been profitable, its streaming rights migrated to the owners' respective streams, Nexstar looks like the likely buyer given it holds the majority of its affiliates... oy vey...

https://www.hollywoodreporter.com/business/business-news/the-cw-for-sale-warnermedia-viacomcbs-1235070616/ (link)

B

[Mark Jeffries]

If NextStar buys the C-Dub, that will probably mean that WGN in Chicago will once again become an affiliate.  About four years ago, WGN while still owned by Tribune dropped the affiliation under the view that they'd be carried in prime time by the live sports schedule, including the Cubs, White Sox, Bulls and Blackhawks.  Almost immediately half of the OTA end of the Cubs contract went to ABC's WLS (even though they could only preempt prime time once a week and daytime games meant no "Jeopardy!" at 3:30 p.m.) and then right before the pandemic all of that OTA went to cable (NBC SportsNet Chicago except for the Cubs, who started with Sinclair the Marquee channel) and what was left for WGN was the Fire MLS team and sitcom reruns in prime time ("black-ish," "Young Sheldon," "Last Man Standing," "The Goldbergs").  Chicago's Very Own will be glad to have The CW back.

Mark Jeffries
spotl...@gmail.com

Virus-free. www.avast.com

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[Bob Jersey]

No word on 'GN, but this Deadline piece from Wednesday suggested the Nexstar acquisition (75%, with Paramount and WBD splitting the remainder) is "nearing the finish line"... "The strategic plan moving forward will be to run the CW as a fully sustainable broadcast network, rather than optimizing it for streaming"...

https://deadline.com/2022/06/nexstar-deal-to-acquire-control-of-the-cw-nears-finish-line-1235054433/ (link)     B

Mark Jeffries, to moi, Jan 6th:

[Mark Jeffries]

Meanwhile, the bloodbath continues at the C-Dub, with the update of "Tom Swift" gone after six episodes:

https://deadline.com/2022/06/tom-swift-canceled-by-cw-one-season-1235055092/

Mark Jeffries
spotl...@gmail.com

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