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CW To Be Sold? Nexstar Among The Suitors.

How on earth is CBS owning a station in Las Vegas prestigious?
I was going to ask the same thing. Las Vegas is not a particularly good radio and TV market financially (too many stations and low revenue*) and there is no particular "badge of honor" in owning a station there.

In radio, 30th market in size but 38th in revenue. In TV is does a bit better, but it is TV market 40, not very large.
 
because it's now a AFC market thanks to the Raiders leaving the Bay Area to Las Vegas, similar to Fox's push to buy stations in major NFC markets.
But it is a smaller market and sports or other programming depends on market size for revenue.
 
How can Fox own Fox and My Network TV but ViacomCBS can't own CBS and The CW?
1. My Network TV is a "programming service". Basically, it's like a broadcast version of a cable network.
2. ViacomCBS isn't being forced to sell The CW. They, along with WarnerMedia has agreed to sell it.
 
One wonders what would have happened if Tribune never gave up their stake in the CW in the first place and it remained a three-way partnership.
Tribune never had a stake in The CW. They just had an affiliation deal with most of the stations that was affiliated with The WB (which they did own a stake of).
 
Interesting. In the Hartford/New Haven market Nexstar owns ABC WTNH/8 and MY Network TV's WCTX/59. They channel share. WCTX airs MY Network TV on a delay 11:35PM-1:35AM. They air news produced by WTNH 8PM-11PM and then simulcast WTNH's 11PM News.

CW is on WCCT-TV/20 which is owned by Tegna in a duopoly with WTIC-TV FOX 61.
WTXX as it was known was a WB affiliate before the merger.
 
An article on Deadline describes The CW's business model as follows.

"The network’s business model has worked because of its unique setup, being co-owned by two major studios that supply all of its scripted programming. While The CW has never been profitable as a stand-alone entity, it has created value for its studio parents, providing U.S. broadcast distribution for shows that they can then exploit internationally and on streaming."
Indeed, it's a loss leader that still holds value for Nexstar, CBS and WB.
 
Selling The CW is making it seem like this small and low-rated network has bought the rights to the NFL (as like how Fox did back in the 90s) so Nexstar can drop whatever Big Four affiliate they own and make them CW affiliates. Doesn't make any sense unless I'm missing something.
 
Selling The CW is making it seem like this small and low-rated network has bought the rights to the NFL (as like how Fox did back in the 90s) so Nexstar can drop whatever Big Four affiliate they own and make them CW affiliates. Doesn't make any sense unless I'm missing something.
Why would they drop a big 4 for a CW affiliate?
 
Exactly! Unless The CW has the rights to sports coverage like the NFL and Olympics, and has a fully developed network news studio, why would anyone think Nexstar-owned stations would dump a big 4 affiliate for a network full of superheroes that only fill 2 hours a night.
Why would they need too? They might already own the affiliates. Now our local Nexstar market has My TV, while Tegra owns the CW affiliate.
 
Selling The CW is making it seem like this small and low-rated network has bought the rights to the NFL (as like how Fox did back in the 90s) so Nexstar can drop whatever Big Four affiliate they own and make them CW affiliates. Doesn't make any sense unless I'm missing something.
The only parties affected by the CW deal would be KRON(Nexstar owned), KBCW( CBS Owned), KICU Fox owned getting the My Network affiliation from KRON , WCIU and WGN. I can see this happening in San Francisco where KBCW could end up being converted into an independent and CBS secondary in the event KPIX has to air breaking news.

I now revise my argument over Sacramento getting the CW to KTXL 40 not going to happen. CW will stay on KMAX 31 a CBS managed CW affiliate.

KTXL gets money whenever NFL games are on and its one of the largest Fox affiliates managed by Nexstar.
 
They changed WGNA because the previous format of the channel (old sitcoms) made no sense in a world where anyone can see M*A*S*H reruns on demand.

The CW at least has a sensible strategy right now. But, if the network is unprofitable, as alleged in a couple of articles this week, who knows what Nexstar could be planning.
 
The CW at least has a sensible strategy right now. But, if the network is unprofitable, as alleged in a couple of articles this week, who knows what Nexstar could be planning.

The key to improving profitability is to improve the quality of the affiliates. So that's what I think this is about. They might also add an extra hour of programming to make it a full time prime time network.
 
Maybe one hour on Sunday, 7:00-8:00 pm ET, but that would be it. Affiliates of The CW use the 10:00-11:00 pm ET time slot for local newscasts.

Nah. Why would they want to do that? At least The CW is being an alternative by going to 8:00-10:00 p.m. ET on Sundays since nobody else is doing that! And after all, The CW has always been the major *alternative* network across the 5 major networks we got now.
 
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