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Home / Business and Economy / CW Network Eyes Profitability by 2026

CW Network Eyes Profitability by 2026

8 Dec

•

Summary

  • The CW anticipates achieving profitability in 2026.
  • Programming costs have been more than halved since 2022.
  • Sports now constitute 40% of the network's programming hours.
CW Network Eyes Profitability by 2026

The CW network is on track to achieve profitability at some point in 2026, announced Nexstar CFO Lee Ann Gliha. This marks a significant turnaround for the broadcast network, which was acquired by Nexstar in 2022. Executives had initially projected a 2025 break-even point, but the network has steadily improved its financial standing.

Gliha highlighted that programming costs have been reduced by over half, while simultaneously increasing total programming hours by 40%. A major factor in this strategy has been the significant expansion of live sports, which now account for 40% of the network's content. This includes the acquisition of rights for events like LIV Golf and NASCAR.

Nexstar's acquisition also allowed the company to reintegrate the network with its extensive affiliate base, proving to be a profitable venture. The financial gains from this synergy further contribute to the overall positive outlook for The CW's business model.

Disclaimer: This story has been auto-aggregated and auto-summarised by a computer program. This story has not been edited or created by the Feedzop team.
Nexstar's CFO stated that The CW is expected to achieve profitability sometime in 2026.
The network more than halved its programming costs by shifting to live sports and unscripted shows.
Sports now constitute 40% of The CW's programming hours, alongside unscripted content.

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