Nexstar Media Group's CEO, Perry Sook, expressed optimism about The CW network's future financial performance, stating that he expects it to break even by the end of 2025.
Sook acknowledged that the advertising recession and recent Hollywood strikes have posed challenges for the network's profitability.
Nexstar's President, Michael Biard, praised the new carriage agreement between Walt Disney Co. and Charter Communications, as he believes it will benefit future content deals for Disney and other