Myron Falwell 3896 Posted February 1 Share Posted February 1 (edited) 2 hours ago, TheRob said: https://deadline.com/2023/01/the-cw-owner-nexstar-media-updates-investors-acquisition-broadcast-network-1235245362/ “NewsNation, the cable news channel created from what had been WGN America prior to Nexstar’s acquisition of Tribune Media in 2019, was another area of focus during the call. Execs emphasized that it has been profitable since it launched in rebranded form in 2020. They also noted their plans to program it with 24 hours a day of news from Monday through Friday by the end of 2023 and then fully 24/7 news by the end of 2024.” That’s literally it in a nutshell. Regardless of how much Nexstar screws up The CW, it’s still going to make a profit as opposed to the prior business model. NewsNation has objectively failed in their original stated purpose as a news channel, and no one is watching, and yet they would be losing money continuing to have it as a ION-lite rerun farm that no one would be watching. Edited February 1 by Myron Falwell 1 Quote Link to comment Share on other sites More sharing options...
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