The CW's Brand Struggles as Philly's Channel 57 Drops It.
Originally Published 2 years ago — by Hollywood Reporter

The CW's brand under Nexstar's ownership may now be described as "Castoffs Wanted" or "Curated Wreckage" as the network's roster of homegrown scripted originals has dwindled to only two shows, with three remaining on the bubble. Nexstar's focus on low-cost acquisitions and unscripted fare has resulted in a fall schedule featuring mostly Canadian shows, an AMC drama, and the HBO Max castoff unscripted dating series FBoy Island. The network's strategy to age up and broaden out the network appears to be working, with the network losing $83 million in the first quarter of 2023, an improvement from losses of $94 million in Q4 2022.