Overview

• CW's operating loss improved by $33 million year-over-year in Q2.
• Nexstar aims to reduce CW's losses by $100 million by year-end.
• Programming expenses for the network dropped by $49 million compared to the previous year.
• Ad revenue increased by 2%, with political ads contributing significantly.
• Nexstar plans to expand CW's sports programming to 500 hours next year.