The CW will finally turn a profit sometime in 2026, parent company Nexstar ‘s CFO, Lee Ann Gliha, said Monday.

Echoing sentiment from Nexstar execs team in recent months, Gliha said the former 50-50 venture between the owners of CBS and Warner Bros. has found its footing even if it is breaking even later than initially expected. In 2022, Nexstar took a 75% stake in the broadcast network, with Paramount and Warner Bros. Discovery each retaining 12.5% stakes.

At the time of the deal, execs projected 2025 as the year of break-even, outlining a top-to-bottom revamp of the network. The company took control of the network for no up-front consideration, and instead by agreeing to take on The CW’s debt. In the intervening years, the hour-long scripted dramas that were longtime staples have be

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