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Nexstar Reduces CW Operating Losses by $119 Million, Surpassing Expectations

The Wrap
Story by Kayla Cobb
from The Wrap
Image from The Wrap
scrn logline
Nexstar's bold turnaround plan for The CW pays off, slashing operating losses by a whopping $119 million in 2024.
beat sheet
  • Nexstar's cost-cutting measures at The CW have exceeded expectations, surpassing their $100 million target for reducing losses by the end of 2024.
  • Nexstar's savvy financial moves have sent shockwaves through the industry, as the company proves it can reshape a struggling network's fortunes.
call sheet
Nexstar, The CW
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