The CW

GFT Ventures Leads a $10 Million Investment in Qortex to Fuel the Intelligent Video Analytics Leader

Retrieved on: 
Monday, November 20, 2023

NEW YORK, Nov. 20, 2023 /PRNewswire-PRWeb/ -- Qortex, an Intelligent Video Analytics (IVA) company brands and enterprises use to turn video content into meaningful and enriching experiences that drive business outcomes, today announced it has raised $10 million in a round led by GFT Ventures along with other investors including Silicon Road Ventures. The company plans to use the funds to expand its talent and technology in support of client and market demand.

Key Points: 
  • The company plans to use the funds to expand its talent and technology in support of client and market demand.
  • "With IVA we can deeply understand the actions, events, feelings, products and more within the video.
  • We aim to create something entirely new that allows anyone in media, advertising and entertainment to harness content and leapfrog its competitors using AI."
  • - Zack Rosenberg, CEO of Qortex
    IVA technology allows for monitoring and analyzing a large volume of video and transforming that input into intelligent data for quick decision making.

RENOWNED LITIGATOR CHRISTOPHER FROST PARTNERS WITH BIGLAW EXPATS TO LAUNCH FROST LLP, A LITIGATION-ONLY LAW FIRM

Retrieved on: 
Thursday, November 16, 2023

LOS ANGELES, Nov. 16, 2023 /PRNewswire/ -- Founding name partner Christopher Frost today announced the formal launch of FROST LLP. Co-founded with fellow partners John D. Maatta and Josh Stambaugh. FROST LLP is a new litigation-only law firm that draws on their decades of combined BigLaw and big business trial, transactional, and advisory experience and achievement on behalf of clients. With a stable of nine lawyers (and growing), the founding team is introducing a new model of litigation-only firm that prioritizes client business goals and objectives in legal decisions, streamlines firm operations for leanness and efficiency, and maintains longstanding client advisory relationships that transcend billable hours.

Key Points: 
  • Based in Los Angeles, FROST LLP's founding partners are Frost, Trial Attorney and Former CW Network Co-Head John D. Maatta, and Courtroom Litigator Josh Stambaugh
    LOS ANGELES, Nov. 16, 2023 /PRNewswire/ -- Founding name partner Christopher Frost today announced the formal launch of FROST LLP.
  • FROST LLP is a new litigation-only law firm that draws on their decades of combined BigLaw and big business trial, transactional, and advisory experience and achievement on behalf of clients.
  • Frost is a BigLaw veteran who has chaired numerous litigation departments and has consistently won substantial victories on behalf of clients across the globe.
  • Stambaugh is an exceptional trial lawyer who has served as a first-chair trial attorney in both state and federal court.

Nexstar Media Group Reports Third Quarter Net Revenue of $1.13 Billion

Retrieved on: 
Wednesday, November 8, 2023

Nexstar – Consolidated refers to all of the Company’s operations while Nexstar, Ex-The CW refers to the Consolidated results without The CW operations and eliminations.

Key Points: 
  • Nexstar – Consolidated refers to all of the Company’s operations while Nexstar, Ex-The CW refers to the Consolidated results without The CW operations and eliminations.
  • Beginning in the fourth quarter of 2022, Nexstar defined Adjusted EBITDA and Free Cash Flow as metrics excluding transaction and one-time expenses.
  • Third quarter net revenue of $1.13 billion compared to $1.27 billion in the prior year quarter.
  • 64% of Nexstar’s third quarter net revenue was generated by distribution, digital and other revenue sources.

The CW Network to Become the Exclusive Broadcast Home to WWE NXT

Retrieved on: 
Tuesday, November 7, 2023

The CW Network will become the official broadcast home to WWE NXT in October 2024.

Key Points: 
  • The CW Network will become the official broadcast home to WWE NXT in October 2024.
  • The five-year agreement marks the first time in its 13-year history that WWE NXT – which showcases WWE’s hottest up-and-coming Superstars – will air on a broadcast television network.
  • WWE NXT will debut on The CW Network in October 2024 and air 52 live weekly events throughout the season.
  • WWE NXT joins a growing roster of live sports on The CW Network, including ACC football and basketball games airing every Saturday throughout the season and LIV Golf.

Detroit’s WMYD-TV to Become CW Affiliate on Monday, Nov. 13

Retrieved on: 
Monday, November 6, 2023

Scripps Company have formed an agreement for WMYD-TV (TV20) in Detroit to become a CW affiliate beginning Monday, Nov. 13.

Key Points: 
  • Scripps Company have formed an agreement for WMYD-TV (TV20) in Detroit to become a CW affiliate beginning Monday, Nov. 13.
  • TV20 will carry all of The CW’s network’s primetime entertainment, live sports and special event programming.
  • “We are extremely pleased to be adding TV20 as a CW affiliate, especially as we get set to launch ACC men’s and women’s college basketball next month,” said Dennis Miller, President of The CW Network.
  • The fully ad-supported CW App, with more than 96 million downloads to date, is available for free to consumers on all major digital platforms.

Nexstar Media and ReachTV Announce Partnership Extending Distribution of NewsNation and the CW Network

Retrieved on: 
Thursday, October 26, 2023

Nexstar Media Group, Inc. (NASDAQ: NXST) and ReachTV today announced that they are partnering to extend the distribution of NewsNation, the country’s fastest growing cable news network, and the sports programming of the CW Network, including ACC College Football and Basketball and LIV Golf.

Key Points: 
  • Nexstar Media Group, Inc. (NASDAQ: NXST) and ReachTV today announced that they are partnering to extend the distribution of NewsNation, the country’s fastest growing cable news network, and the sports programming of the CW Network, including ACC College Football and Basketball and LIV Golf.
  • Financial terms of the agreement were not disclosed.
  • NewsNation and The CW’s sports programming will reach more than 50 million viewers per month on ReachTV’s streaming television network, distributed across 500,000 hotel rooms and 2,500+ airport TV-screens in more than 90 major airports across the United States.
  • “Nexstar always looks for ways to extend the distribution of NewsNation and The CW Network to new audiences,” said Dana Zimmer, Nexstar’s President of Distribution.

The CW Network and Sinclair Expand and Extend Affiliation Partnership

Retrieved on: 
Thursday, August 31, 2023

The CW Network (The CW) and Sinclair Broadcast Group, LLC (Sinclair) today announced a multi-year deal that renews affiliations across 35 markets, including 10 markets in which Sinclair provides sales and other services to a CW-affiliated station.

Key Points: 
  • The CW Network (The CW) and Sinclair Broadcast Group, LLC (Sinclair) today announced a multi-year deal that renews affiliations across 35 markets, including 10 markets in which Sinclair provides sales and other services to a CW-affiliated station.
  • In addition, beginning September 1, Sinclair will launch The CW on two new affiliate stations, KOMO-TV, in Seattle, Washington, and WPNT-TV in Pittsburgh, Pennsylvania – both stations currently broadcast LIV Golf and will expand carriage to include the entire CW Programming offering.
  • “We appreciate that Sinclair values their partnership with The CW as we remake the network with our significant investment in sports, combined with a smart entertainment programming strategy that will further expand viewership on a local and national level.”
    “We are pleased to be continuing our long relationship with The CW Network and look forward to bringing our stations in Seattle and Pittsburgh into the CW family,” said Rob Weisbord, Sinclair’s COO and President of Local Media.
  • “We thank our distribution team for securing the renewal of our affiliate agreement, which includes rights that allow us to negotiate with virtual MVPDs for CW-affiliated stations.”

Nexstar’s KAUT-TV in Oklahoma City to Become CW Network Affiliate on September 1

Retrieved on: 
Thursday, August 31, 2023

Nexstar Media Group, Inc. (NASDAQ: NXST), today announced that KAUT-TV, one of the company’s owned and operated television stations serving Oklahoma City, Oklahoma, will become an affiliate of The CW Network on September 1, 2023.

Key Points: 
  • Nexstar Media Group, Inc. (NASDAQ: NXST), today announced that KAUT-TV, one of the company’s owned and operated television stations serving Oklahoma City, Oklahoma, will become an affiliate of The CW Network on September 1, 2023.
  • KAUT-TV will begin carrying The CW’s primetime entertainment and live sports programming at that time.
  • The network is the exclusive broadcast home to LIV Golf and will be adding NASCAR Xfinity Series racing in 2025.
  • The fully ad-supported CW App, with more than 96 million downloads to date, is available for free to consumers on all major digital platforms.

The CW Network and Gray Television Expand and Extend Affiliation Partnership

Retrieved on: 
Wednesday, August 30, 2023

The CW Network (The CW) today announced that it has expanded and extended its network affiliation agreement with Gray Television, Inc. (Gray).

Key Points: 
  • The CW Network (The CW) today announced that it has expanded and extended its network affiliation agreement with Gray Television, Inc. (Gray).
  • In addition, beginning September 2, Gray will launch The CW on PeachtreeTV (WPCH-TV) in Atlanta, Georgia.
  • “Gray Television has been a great partner of The CW from the beginning,” said Dennis Miller, President of The CW Network.
  • Atlanta is an important market for the CW, especially with ACC football and basketball debuting this Fall and NASCAR’s Xfinity Series racing coming in 2025.”

Nexstar Media Group Enters Into Multi-Year Employment Agreement Extension With Chief Communications Officer Gary Weitman

Retrieved on: 
Thursday, August 10, 2023

Nexstar Media Group, Inc. (NASDAQ: NXST) today announced that it has extended the employment agreement of Gary Weitman, the company’s Executive Vice President and Chief Communications Officer.

Key Points: 
  • Nexstar Media Group, Inc. (NASDAQ: NXST) today announced that it has extended the employment agreement of Gary Weitman, the company’s Executive Vice President and Chief Communications Officer.
  • Mr. Weitman will continue reporting to Perry Sook, Nexstar’s Founder, Chairman and Chief Executive Officer.
  • “We are extremely pleased to be extending Gary’s employment agreement with Nexstar,” said Mr. Sook.
  • We are fortunate to have him at Nexstar and thrilled to be extending his employment agreement.”
    Mr. Weitman joined Nexstar following its acquisition of Tribune Media Company and has been in the strategic communications field for nearly 30 years.