Nexstar Media Group to Acquire The CW Network; Tubi Orders Breaking Bear, New Animated Comedy

Tuesday, August 16, 2022

Nexstar Media Group to Acquire The CW Network; Tubi Orders Breaking Bear, New Animated Comedy

Nexstar Media Group, Inc. announced that it entered into a definitive agreement to acquire a 75 percent ownership interest in The CW Network. Warner Bros. Discovery and Paramount Global, the current co-owners of The CW, will each retain a 12.5 percent ownership interest in The CW and will continue to produce original, scripted content for the Network. Nexstar, together with its partner stations, is the nation's largest local television broadcasting company and the largest CW affiliate group with 37 CW and CW Plus affiliates, including affiliates in five of the top ten DMAs, accounting for 32 percent of the Network's national reach. The proposed transaction is expected to create value for Nexstar shareholders by solidifying the Company's revenue opportunities as the largest CW affiliate, diversifying its content outside of news, increasing its exposure to the national advertising market, establishing it as a participant in advertising video-on-demand services and improving The CW ratings, revenue, and profitability, by prioritizing programing for the Network's broadcast audience. Mark Pedowitz will continue to serve as The CW's Chairman and Chief Executive Officer, with responsibility for day-to-day operations. The transaction is expected to close in the third quarter.

Breaking Bear

Tubi (www.tubi.tv) announced that it has greenlit the adult animated series, Breaking Bear. Created by Julien Nitzberg (The Wild and Wonderful Whites of West Virginia) and produced by Cartel Entertainment (Creepshow, Twelve Forever and Day of the Dead) and Tom DeLonge's To The Stars Media (Monsters of California, Unidentified), Breaking Bear parodies the tropes of mobster dramas, comically combining elements of Yogi Bear with The Sopranos. Breaking Bear follows the escapades of three bear siblings who decide they have to start selling drugs in order to raise money and save their home after gas companies start fracking next to their cave. The bears soon enlist other forest animals in a scheme that will pit them against oil companies, The Russian Mafia, local Hell's Angels and polar bears who hate anything that isn't white.

Sitcoms Airing Tonight / Sitcom Stars on Talk Shows

Monday, March 31

The Neighborhood - "Welcome to the Signature Service Loyalty Rewards Program" (CBS, 8:00PM ET/PT)
Malcom receives an unexpected call from USC’s athletic director about a baseball head coach vacancy. Meanwhile, Calvin and Marty start a new signature loyalty rewards program at The Fuse Box.

Poppa's House - "Say Wha?!" (CBS, 8:30PM ET/PT)
Junior’s fundraising effort for his film takes a dramatic turn when he discovers Poppa’s flea market purchase is worth a fortune. Vivica A. Fox guest stars as “Judge SayWha.”

Complete TV Listings

Sitcom Stars on Talk Shows (Week of March 31)

Monday, March 31

Jennifer Coolidge (2 Broke Girls/Joey) - Watch Jennifer on a repeat of Jimmy Kimmel Live! at 11:35pm on ABC.
Britt Lower (Ghosted/Man Seeking Woman/Big Lake) - Britt appears on The Tonight Show Starring Jimmy Fallon at 11:35pm on NBC.
Nathan Lane (Mid-Century Modern/Only Murders in the Building/Modern Family/Charlie Lawrence/Encore! Encore!/One of the Boys) - Nathan stops by Late Night with Seth Meyers at 12:36am on NBC.
Maria Bamford (Lady Dynamite/Benched) - Maria is a guest on After Midnight at 12:37am on CBS.
Jay Ellis (Running Point/Insecure/The Game) - Jay talks about Running Point and Freaky Tales on CBS Mornings sometime between 7-9am and on CBS Mornings Plus in the 9am hour.
Sara Gilbert (The Conners/Bad Teacher/The Big Bang Theory/The Class/Roseanne) - Sara chats with the ladies of The View on ABC at 11am ET/10am CT-PT. She also talks about The Conners on ABC's GMA 3: What You Need to Know at 1pm.
Michelle Buteau (Survival of the Thickest/Bless the Harts/Enlisted) - Michelle talks about Survival of the Thickest on NBC's Today in the 10am hour and on ABC News Live Prime with Linsey Davis at 7pm.
Michael Angarano (Laid/I'm Dying Up Here/Will & Grace) - Michael talks about Sacramento on ABC News Live Prime with Linsey Davis at 7pm.
Olivia Munn (Perfect Couples) - Olivia guest co-hosts NBC's Today in the 10am hour.
Eva Longoria (Only Murders in the Building/Telenovela) - Eva talks about Alexander and the Terrible, Horrible, No Good, Very Bad Road Trip on Sherri, so check your local listings.
Valerie Bertinelli (Hot in Cleveland/Café Americain/Sydney/One Day at a Time) - Valerie is joining Drew and Ross to hit the headlines in an all-new Drew's News on The Drew Barrymore Show, so check your local listings.