Further to Nexstar Media Group, Inc. acquiring a 75% ownership interest in The CW Network, LLC (aka The CW), the TV network reported $100 million in losses, canceled numerous series and fired longtime president Mark Pedowitz, finance chief Mitch Nedick and chief branding Officer Rick Haskins, seemingly signalling the end of producer Greg Berlanti's 'gay-TV' push, that encouraged writers to groom popular DC Comics' superheroes into woke 'LQBTQ' characters:
Also let go from The CW were Gaye Hirsch, the network's EVP of Development and Michael Roberts, EVP of Current Programming.
The CW's recently canceled TV series include "Supergirl", "Naomi", "Batwoman", "Legends of Tomorrow", "In the Dark", the "Vampire Diaries" spinoff "Legacies", as well as the network's reboots of "Charmed", "Dynasty", "4400" and "Roswell, New Mexico".
Final seasons this year also include the series "The Flash", "Superman & Lois", "All American", "Nancy Drew", "Stargirl", "Walker" and "Kung Fu".
Warner Bros. Discovery and Paramount Global, the current co-owners of The CW, will each retain a 12.5 percent ownership interest in the network and will continue to produce original, scripted content.
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