STOCK TITAN

Dennis Miller to Depart as President of The CW Network on October 31

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags

The CW Network announced that Dennis Miller will step down as Network President on October 31, 2024. He will continue in an advisory role until the end of 2024. Miller, who joined Nexstar's Board in 2014, has been President since Nexstar Media Group acquired a majority stake in The CW in October 2022.

Under Miller's leadership, The CW has undergone a strategic transformation, focusing on live sports and entertainment programming. Recent additions like WWE NXT wrestling and NASCAR Xfinity racing have delivered record ratings. The network has also seen success with ACC college sports, PAC 12 football, and LIV Golf. Additionally, new game shows Trivial Pursuit and Scrabble have driven significant viewership increases.

Nexstar's CEO, Perry Sook, praised Miller's role in transforming The CW and positioning it for continued success.

La rete CW ha annunciato che Dennis Miller si dimetterà dalla carica di Presidente della rete il 31 ottobre 2024. Continuerà ad avere un ruolo di consulenza fino alla fine del 2024. Miller, che è entrato a far parte del Consiglio di Nexstar nel 2014, è stato Presidente da quando Nexstar Media Group ha acquisito una partecipazione di maggioranza in The CW nell'ottobre 2022.

Sotto la guida di Miller, The CW ha subito una trasformazione strategica, concentrandosi su programmazione di sport dal vivo e intrattenimento. Aggiunte recenti come lottato WWE NXT e corsa NASCAR Xfinity hanno prodotto ascolti record. La rete ha avuto successo anche con sport universitari ACC, calcio PAC 12 e golf LIV. Inoltre, nuovi giochi come Trivial Pursuit e Scrabble hanno portato a un aumento significativo degli ascolti.

Il CEO di Nexstar, Perry Sook, ha elogiato il ruolo di Miller nella trasformazione di The CW e nella sua preparazione per il successo futuro.

La red CW anunció que Dennis Miller dejará su cargo como Presidente de la red el 31 de octubre de 2024. Continuará en un rol consultivo hasta finales de 2024. Miller, quien se unió a la Junta de Nexstar en 2014, ha sido Presidente desde que Nexstar Media Group adquirió una participación mayoritaria en The CW en octubre de 2022.

Bajo el liderazgo de Miller, The CW ha pasado por una transformación estratégica, enfocándose en programación de deportes en vivo y entretenimiento. Adiciones recientes como lucha WWE NXT y carreras NASCAR Xfinity han logrado audiencias récord. La red también ha tenido éxito con deportes universitarios ACC, fútbol PAC 12 y golf LIV. Además, nuevos programas de juegos como Trivial Pursuit y Scrabble han impulsado un aumento significativo en la audiencia.

El CEO de Nexstar, Perry Sook, elogió el papel de Miller en la transformación de The CW y en posicionarlo para un éxito sostenido.

CW 네트워크Dennis Miller2024년 10월 31일부로 네트워크 사장직에서 물러날 것이라고 발표했습니다. 그는 2024년 말까지 자문 역할을 계속할 예정입니다. Miller는 2014년 Nexstar 이사회의 일원이 되었으며, Nexstar Media Group이 2022년 10월에 The CW의 대다수 지분을 인수한 이후 사장직을 맡아왔습니다.

Miller의 리더십 아래에서 The CW는 라이브 스포츠 및 엔터테인먼트 프로그래밍에 중점을 두고 전략적 변화를 겪었습니다. 최근 추가된 WWE NXT 프로레슬링NASCAR Xfinity 레이스는 기록적인 시청률을 기록했습니다. 이 네트워크는 ACC 대학 스포츠, PAC 12 축구, 그리고 LIV 골프Trivial PursuitScrabble은 상당한 시청률 증가를 이끌어냈습니다.

Nexstar의 CEO인 Perry Sook는 The CW의 혁신과 지속적인 성공을 위한 준비에서 Miller의 역할을 칭찬했습니다.

Le réseau CW a annoncé que Dennis Miller quittera son poste de Président du réseau le 31 octobre 2024. Il continuera à jouer un rôle consultatif jusqu'à la fin de l'année 2024. Miller, qui a rejoint le conseil d'administration de Nexstar en 2014, est Président depuis que Nexstar Media Group a acquis une participation majoritaire dans The CW en octobre 2022.

Sous la direction de Miller, The CW a connu une transformation stratégique, se concentrant sur la programmation de sports en direct et de divertissement. Les ajouts récents, tels que la lutte WWE NXT et la course NASCAR Xfinity, ont enregistré des audiences records. Le réseau a également connu un succès avec les sports universitaires ACC, le football PAC 12 et le golf LIV. De plus, les nouveaux jeux comme Trivial Pursuit et Scrabble ont entraîné une augmentation significative de l'audience.

Le PDG de Nexstar, Perry Sook, a salué le rôle de Miller dans la transformation de The CW et sa préparation à un succès continu.

Das CW-Netzwerk gab bekannt, dass Dennis Miller am 31. Oktober 2024 als Netzwerkpräsident zurücktreten wird. Er wird bis Ende 2024 weiterhin beratend tätig sein. Miller, der 2014 in den Vorstand von Nexstar eintrat, ist Präsident, seit Nexstar Media Group im Oktober 2022 eine Mehrheitsbeteiligung an The CW erworben hat.

Unter Millers Führung hat sich The CW einer strategischen Transformation unterzogen und sich auf live Sport- und Unterhaltungsprogramme konzentriert. Zu den jüngsten Ergänzungen gehören WWE NXT Wrestling und NASCAR Xfinity Racing, die Rekordquoten erzielt haben. Das Netzwerk hat auch Erfolge mit ACC College Sports, PAC 12 Football und LIV Golf verzeichnet. Außerdem haben neue Spiele wie Trivial Pursuit und Scrabble zu einem erheblichen Anstieg der Zuschauerzahlen geführt.

Der CEO von Nexstar, Perry Sook, lobte Millers Rolle bei der Transformation von The CW und bei der Positionierung für weiterhin nachhaltigen Erfolg.

Positive
  • Record ratings in total viewers and key demographics for new sports programming
  • Successful launch of popular game shows driving significant viewership increases
  • Long-term contracts with premium live sports in place
  • Broadened appeal of programming and enhanced value of affiliations
Negative
  • None.

Executive Will Stay on in Advisory Capacity through End of 2024

BURBANK, Calif.--(BUSINESS WIRE)-- The CW Network (The CW) today announced that Dennis Miller will be departing as Network President effective October 31, 2024. He will serve in an advisory role through the end of the calendar year. Prior to his current position with The CW, Mr. Miller was a member of Nexstar’s Board of Directors, which he joined in 2014.

Mr. Miller has served as President since Nexstar Media Group, Inc. (NASDAQ: NXST) acquired a majority interest in The CW in October 2022, and he has overseen the network’s strategic transformation into a robust destination for live sports and entertainment programming. The debuts of WWE NXT wrestling and NASCAR Xfinity racing this Fall delivered record ratings in total viewers and key demographics, and meaningful programming additions such as ACC college football and basketball, PAC 12 football, and LIV Golf have generated some of the highest ratings for the network in years. This month, The CW also launched the popular game shows Trivial Pursuit and Scrabble to strong viewer response, driving significant ratings increases in total viewership and among adults aged 25-54.

“I’ve had a front row seat during a remarkable 11-year run with Nexstar and enjoyed navigating this period of significant transformation for the network,” said Mr. Miller. “With some of the highest ratings The CW has seen in years and long-term contracts with an array of premium live sports in place, the future of The CW looks very promising.”

“We were fortunate when Dennis agreed to move from Nexstar’s Board to lead the transformation of The CW,” said Perry Sook, Nexstar’s Chairman and Chief Executive Officer. “During his tenure, he installed a new leadership team at The CW, and they have broadened the appeal of its programming and enhanced the value of its affiliations for both Nexstar and our partners. With The CW now well positioned for continued success, we’re pleased to let Dennis move on to new challenges. We are grateful for his guidance on Nexstar’s Board and at the helm of The CW, and we wish him the very best.”

About The CW Network

The CW is America’s fifth major broadcast network and is available to 100% of U.S. television households. The CW delivers primetime entertainment programming and more than 500 hours of sports programming annually including LIV Golf, ACC football and basketball games, Pac-12 football games, “Inside the NFL,” WWE NXT and NASCAR Xfinity Series racing. The free, ad-supported CW App is widely available on all major platforms. The CW App is home to The CW’s primetime programming, live streaming of LIV Golf tournaments, and a library of entertaining film and television content. The CW is 75%-owned by Nexstar Media Group, Inc. (NASDAQ: NXST), a leading diversified media company and the largest CW affiliate group. For more information about The CW, please visit www.cwtv.com.

About Nexstar Media Group, Inc.

Nexstar Media Group, Inc. (NASDAQ: NXST) is a leading diversified media company that produces and distributes engaging local and national news, sports and entertainment content across its television and digital platforms, including more than 310,000 hours of programming produced annually by its business units. Nexstar owns America’s largest local television broadcasting group comprised of top network affiliates, with 200 owned or partner stations in 116 U.S. markets reaching 220 million people. Nexstar’s national television properties include The CW, America’s fifth major broadcast network, NewsNation, our national news network providing “News for All America,” popular entertainment multicast networks Antenna TV and Rewind TV, and a 31.3% ownership stake in TV Food Network. The Company’s portfolio of digital assets, including its local TV station websites, The Hill and NewsNationNow.com, are collectively a Top 10 U.S. digital news and information property. For more information, please visit nexstar.tv.

The CW Media:

Beth Feldman

SVP/Communications

646/563-8334

Beth.Feldman@cwtv.com

Media:

Gary Weitman

EVP and Chief Communications Officer

Nexstar Media Group, Inc.

972-373-8800 or gweitman@nexstar.tv

Investors:

Joe Jaffoni or Jennifer Neuman

JCIR

212/835-8500 or nxst@jcir.com

Source: The CW Network

FAQ

When will Dennis Miller leave his position as President of The CW Network?

Dennis Miller will depart as President of The CW Network on October 31, 2024.

What role will Dennis Miller have with The CW Network after October 31, 2024?

After October 31, 2024, Dennis Miller will serve in an advisory role for The CW Network through the end of the calendar year.

What significant programming additions have boosted The CW Network's ratings under Dennis Miller's leadership?

Under Dennis Miller's leadership, The CW Network has added WWE NXT wrestling, NASCAR Xfinity racing, ACC college football and basketball, PAC 12 football, and LIV Golf, which have generated some of the highest ratings for the network in years.

How has The CW Network's performance changed since Nexstar Media Group (NXST) acquired a majority interest?

Since Nexstar Media Group (NXST) acquired a majority interest in October 2022, The CW Network has seen record ratings in total viewers and key demographics, particularly with the addition of live sports and new game shows.

Nexstar Media Group, Inc.

NASDAQ:NXST

NXST Rankings

NXST Latest News

NXST Stock Data

5.55B
32.83M
5.99%
96.66%
6.74%
Broadcasting
Television Broadcasting Stations
Link
United States of America
IRVING