CW Loss Increases by ‘Mid-Teen Millions’ in Q1 as Nexstar Continues to Project 2026 Profitability Goal

Nexstar reported its first-quarter 2025 earnings Thursday, revealing broadcaster the CW had taken a hit on its long journey to profitability over the Jan. 1-March 31 period. “As expected, the CW’s profitability in Q1 declined by mid-teen millions due to additional sports programming and amortization the network didn’t have in the same quarter last year,” Nexstar president […]