Financial Digest

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

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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 in…

Nexstar has made it clear that they are planning to revamp programming at the network, focusing on low-cost unscripted fare and things like the LIV Golf tournaments rather than the scripted programming like “Riverdale” and The CW’s suite of DC shows of the past decade.

Nexstar’s goal is to make The CW profitable by 2025. To that end, they are pitching advertisers on a package that includes The CW, NewsNation, TheHill, and local stations going into this year’s upfront market.

 

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