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The CW Will Become Profitable In 2026, Nexstar Reaffirms, With 40% Of Its Programming Now Sports


The CW will start turning a profit in 2026, majority owner Nexstar Media Group reaffirmed, thanks in large part to a push into live sports.

The CW will start turning a profit in 2026, majority owner Nexstar Media Group reaffirmed, thanks in large part to a push into live sports. “During 2025, we will reset affiliation agreements representing more than two-thirds of The CW’s subscriber base,” Nexstar President and COO Mike Biard said during the company’s fourth-quarter earnings call. Nexstar was able to engineer the acquisition of its controlling stake for no upfront cash, agreeing instead to absorb the network’s debt and making it a synergy play with its leading portfolio of local stations.

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nexstar reaffirms