Nexstar CEO Perry Sook: “We, as the owner of The CW, are constructing a new affiliation agreement template that is going to allow affiliates to opt out of The CW deal with the virtual MVPD and cut their own deal — or they can opt in to the deal that we have already established for them.”
Netflix stands to haul in big bucks over the next few years from the launch of its first ad-supported tier, estimates JPMorgan. Analyst Doug Anmuth estimated in a new note on Monday Netflix could drive 7.5 million subscribers to its ad-supported tier in its U.S./Canada segment in 2023. That alone will help drive $600 million in advertising sales in 2023 for the segment. Anmuth expects those numbers to swell by 2026 as Netflix’s execution on selling ads improves.
