Nexstar Media Group

Fox ups David Espinosa to distribution chief as Michael Biard joins Nexstar

Fox in the US has promoted David Espinosa to president of distribution to replace Michael Biard, who is leaving after 23 years to become president and COO of Nexstar Media Group. Espinosa previously served as EVP of distribution strategy and business affairs, having been promoted into the role in 2018 after first joining the firm […]

Veteran The CW scheduling & acquisitions exec Kevin Levy to depart

The CW veteran Kevin Levy is stepping down as EVP of program planning, scheduling and acquisitions and will exit the company on 1 August. Levy has been with The CW since it launched in 2006, starting out as director of program planning and scheduling before being promoted to VP the following year, then SVP in […]

The CW axes current & development heads in move away from scripted

The CW’s EVP of current programming Michael Roberts and EVP of development Gaye Hirsch have exited the US network in a new round of layoffs, as the US network continues its pivot towards unscripted content. The exit of these senior scripted executives, reportedly alongside that of an unconfirmed number of other staff members, comes as […]

The CW CEO & chairman Mark Pedowitz exits as Nexstar acquisition closes

Mark Pedowitz is stepping down as chairman and CEO of The CW following Nexstar Media Group’s acquisition of the US broadcast network. Nexstar has now closed the deal to take 75% ownership of the business, which Pedowitz has headed up for more than 11 years. As previously reported, former co-owners Warner Bros. Discovery and Paramount […]

Nexstar Media Group acquires 75% stake in The CW

US local broadcasting group Nexstar Media Group is to acquire a 75% majority stake in The CW network. Warner Bros. Discovery and Paramount Global, the current co-owners of The CW, will each retain a 12.5% stake in the broadcaster and will continue to produce original, scripted content for the network. Nexstar, together with its partner […]