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CW Lays Off More Than Two Dozen Employees Across Publicity, Development Teams
The CW has laid off employees across its publicity and program development teams, Variety has learned.
The individual says that the decision was made as the network focuses more one sports, unscripted content and select scripted series in its continued goal to reach profitability under new owner Nexstar. However, the network’s total remaining loss was not disclosed by Nexstar, which has owned the broadcaster since acquiring a majority stake from former parent companies Warner Bros. “We debuted NASCAR Xfinity Series racing in September and WWE NXT wrestling in October on The CW broadcast network to double-digit percentage increases both in total audience and in adults 18-49 versus previous viewership on cable.”
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