The CW exec Brad Schwartz defends the network's sweeping cancellations and explains why only four shows have survived the ongoing cuts.
After months of cuts at the network, one key The CW executive is sharing insight on why only four shows have survived the ongoing cancellations. After originally being owned by CBS Corporation and Warner Bros./WarnerMedia, The CW was acquired by Nexstar in late 2022 while Paramount Global and Warner Bros. Discovery only retained 12.5 percent ownership stakes.
Following the recent confirmations of certain shows' fates, TheWrap spoke with The CW's President of Entertainment Brad Schwartz to discuss the various cuts. The network exec explained why only four shows have ultimately come out above the rest in getting futures and planned series finales, citing their streaming numbers as being promising enough to keep the shows going, as well as their deals co-producing them with other studios making them financially viable.
SCREENRANT VIDEO OF THE DAY SCROLL TO CONTINUE WITH CONTENT ‘Homecoming’ and ‘All American’ specifically are a large percentage of our streaming. Those shows are monsters. It was very easy to focus on those four as our biggest shows and best performers. And then it was also easier to have conversations with CBS and Warner about ‘How can we make these shows work for everybody?’ because there was a successful track record. CBS and Warner Bros.
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