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Broadcasting & Cable
Broadcasting & Cable
Business
Jon Lafayette

Nexstar CEO Perry Sook Eyes Bidding Wars for The CW Affiliations

Perry Sook Nexstar The CW CW KTLA CBS RSNs
Perry Sook at the 24th B+C Hall of Fame.

Nexstar Media Group CEO Perry Sook anticipates a bidding war for The CW affiliations in some of the markets where CBS-owned stations have announced plans to become independents.

Speaking on Nexstar’s first-quarter earnings call Tuesday, Sook said that when Nexstar agreed to acquire control of The CW from Paramount Global parent CBS and Warner Bros. Discovery, it knew CBS did not intend to renew The CW affiliation for the affiliates it owned at the end of the season.

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