PYXERA
PIKES ERA
Nexstar CEO Says The CW Will Be at Breakeven by “End of 2025”
Perry Sook said the advertising recession and the recent dual Hollywood strikes represent headwinds to getting beyond losses at broadcast network.
The CW-parent Nexstar Media Group has applauded the recently-struck new carriage agreement between the Walt Disney Co. and Charter Communications as a positive for future content deals for Disney and other entertainment giants.
Nexstar president Michael Biard told the UBS Annual Global TMT Conference the new Charter bundle after the carriage deal with Walt Disney had more high-profile content in a single offering, which was more attractive to consumers. “That reaffirms our thesis, it wasn’t about being paid for premium content,” Baird argued about the carriage talks showdown that led to a blackout for pay TV customers.
read more… https://www.hollywoodreporter.com/business/business-news/nexstar-execs-disney-charter-carriage-deal-1235710526/
Why does Trump repeat these stupid alt right decade old talking points?
Hmmmm