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

Tuesday, February 7

Night Court - "The Apartment" (NBC, 8:00PM ET/PT)
In desperate need of a new apartment, Abby turns to Gurgs and her unconventional real estate skills; Dan helps Olivia prepare for the biggest case of her career and a shot at redemption.

American Auto - "Celebrity" (NBC, 8:30PM ET/PT)
When Payne loses their spokesperson, Katherine and the team go to great lengths to woo a new celebrity -- Andy Richter -- only to have second thoughts.

Complete TV Listings

Sitcom Stars on Talk Shows (Week of February 6)

Tuesday, February 7

Salma Hayek Pinault (30 Rock/The Sinbad Show) - Catch Salma on a repeat of Jimmy Kimmel Live! at 11:35pm on ABC.
Tig Notaro (One Mississippi) - Tig appears on The Tonight Show Starring Jimmy Fallon at 11:35pm on NBC. She also talks about Your Place or Mine on ABC's Good Morning America some time between 7-9am.
Tom Hanks (Bosom Buddies) - Tom is a guest on a repeat of The Late Show with Stephen Colbert at 11:35pm on CBS.
Paula Pell (Girls5eva/Mapleworth Murders/A.P. Bio) - Paula will be on Late Night with Seth Meyers at 12:36am on NBC.
Kirby Howell-Baptiste (The Good Place/Barry/Downward Dog) - Kirby appears on The Late Late Show with James Corden at 12:37am on CBS.
Elon Gold (Stacked/In-Laws) - Elon is a guest on The Late Late Show with James Corden at 12:37am on CBS.
Chelsea Handler (Are You There, Chelsea?) - Chelsea guest hosts Comedy Central's The Daily Show at 11pm.
Ashton Kutcher (The Ranch/Two and a Half Men/That '70s Show) - Ashton will be interviewed on E! News on E! at 11pm.
Alison Brie (GLOW/Community) - Alison is a guest on The Kelly Clarkson Show, so check your local listings.
Fortune Feimster (Kenan/Bless the Harts/Champions) - Fortune joins Tamron to chat about her Netflix comedy special Good Fortune and her new tour Live Laugh Love! on Tamron Hall, so check your local listings.
Alan Cumming (Schmigadoon!/God, the Devil and Bob) - Alan is talking to Drew about his new show and the time he swam in Drew's pool when she wasn't home on The Drew Barrymore Show, so check your local listings.
Yvette Nicole Brown (The Mayor/The Odd Couple/Community) - Yvette will be on The Jennifer Hudson Show, so check your local listings.
Ron Funches (Loot/Poweless/Undateable) - Ron appears on The Jennifer Hudson Show, so check your local listings.
Drew Barrymore (Santa Clarita Diet) - Drew is a guest on CBS Mornings some time between 7-9am. She will also be interviewed on E! News on E! at 11pm.
Zoe Chao (The Afterparty/Love Life) - Zoe talks about Your Place or Mine on ABC's Good Mornning America some time between 7-9am.
Nick Jonas (Jonas) - NBC's Today catches up with Nick in the 9am hour.