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EXCLUSIVE: Dennis Miller has stepped down as President of the CW. According to sources, he has shared the news with company staff.
Rumors about a potential Miller exit had been circulating for a couple of weeks. Nevertheless, his departure is surprising as Miller last year re-upped his contract to remain as CW President through 2027.
Miller had been at the helm of The CW since Nexstar Media Group bought majority control of the broadcast network in fall 2022.
It is unclear how the shakeup would impact CW President of Entertainment Brad Schwartz. A rep for Nexstar declined comment.
With a background in media and venture capital, Miller steered the CW through a bumpy transformation and financial overhaul. Nexstar has pledged to make the network profitable by 2025, in large part by ditching the pricey scripted dramas favored by previous joint venture partners Paramount and Warner Bros. Discovery (each of which still has 12.5% of the network). The CW has also boosted its unscripted programming and has gotten into live sports with deals to broadcast ACC football and basketball as well as LIV Golf. By 2025, plans call for the network to carry more than 400 hours of sports programming over 48 weekends each year.