avatarStephenie Magister ✨

Summary

The CW network is undergoing a potential sale, leading to speculation about the future of its shows, particularly "Superman and Lois," and the implications for production and distribution strategies in the television industry.

Abstract

The CW's impending sale raises concerns for fans of "Superman and Lois," as the network's acquisition could lead to significant reimaginings of the show. The CW has historically relied on revenue from streaming services and international networks rather than first-run profits. With ViacomCBS and WarnerMedia focusing on their own streaming platforms, the CW's financial model is under strain. The potential buyer, Nexstar, might implement new strategies for the network's IPs. The upcoming spring television season adds urgency, as the CW needs to present its advertising offerings in May. Meanwhile, HBOMax is positioned as a major player in the comic book IP space, leading to speculation about its role in the future of CW's superhero shows.

Opinions

  • The author expresses concern about the impact of the CW's sale on "Superman and Lois," fearing a dramatic reimagining.
  • There is skepticism about the financial viability of the CW, as it has never been profitable and relies heavily on secondary revenue streams.
  • The author suggests that the CW's sale could lead to more tailored production strategies for individual shows, especially with Nexstar potentially taking over.
  • The article implies that streaming distribution for CW shows is becoming increasingly complex and less profitable.
  • There is optimism about HBOMax's potential involvement in productions like "Superman and Lois" and "The Flash," hinting at a preference for HBOMax to take over these shows.
  • The author playfully speculates about contributing promotional art for the new shows, indicating a personal interest in the outcome of the sale.

CW (almost) SOLD! Superman and Lois could undergo potentially dramatic reimagining

Better Call Saul could not be reached for comment

I really do wonder what will happen to Superman and Lois now that the CW is being sold. Supergirl is no more. The upcoming Flash movie is besot with production and post-production scandals. Every episode of Superman and Lois increasingly illustrates that as far as this show is concerned, S&L is on an alternate earth where none of those other superheroes exist.

I fear this dramatic reimagining may not be a product of disrupted production schedules.

Given we’ve now gone two seasons with barely a mention of anything outside of this show’s self-contained universe, these dramatic changes may be here for good.

THE HEAVY PRICE OF FLIGHTS IN TIGHTS

It seems, unfortunately, the money just isn’t there to justify co-productions like this. According to TVInsider and THR, the money has never been there.

The main reason we saw so many shows, such lavish productions, CGI on the scale of feature films…(!) was because the shows didn’t need to make money on first run.

Indeed, The CW has never been profitable, according to THR, but much of the network’s revenue has come from selling its scripted originals to streaming services and international networks. With ViacomCBS and WarnerMedia channeling their new content to their own streaming platforms these days, both of those revenue streams are drying up.

Writing for Slashfilm, Ryan Scott notes that while streaming distribution for the various CW shows is getting more complicated and harder to turn profitable, selling the network could empower whoever takes over the properties to implement show-specific strategies for audience-dependent IPs.

So far, it appears Nexstar is in the lead to acquire the CW’s powers.

RYAN SCOTT: It doesn’t take a lot of brilliant business math to determine that if an enterprise has been going for 16 years and hasn’t ever turned a profit, getting out of that particular enterprise makes sense. But that begs the question, why would it make sense for someone else, like Nexstar for example?

THE DEADLINE

Indeed, with the spring season of television fast approaching, the associated parties need Nexstar to prepare an acquisition agreement by May. That’s when the CW is scheduled to present advertising offerings — you know, so they can afford to keep the lights on. Streaming is a big part of the CW’s revenue, but advertising remains the custard that fills out the pie.

Writing for Variety, Cynthia Littleton and Jennifer Maas reported:

Cynthia Littleton, Jennifer Maas: The CW Network would also like to see a planned transaction for Nexstar’s majority stake in The CW to be announced before the broadcast network makes its upfront presentation to advertisers this spring. That in-person event is scheduled to take place May 19 at the New York City Center Theater in midtown Manhattan.

Does HBOMax offer the max? Er…the most?

Which just leaves me speculating what might happen in the end. While a lot of the other CW properties might find new — even better — homes with undiscovered families, HBOMax currently rules the kingdom of comic book IP. They are the “DC Hub,” hosting almost every live-action and animated DC movie/tv show you might want.

Yes, they are missing the live-action Superboy show from the 90s that I still suspect was secretly directed by David Lynch. But if you follow the below link, you’ll find out how you can watch them for free and decide for yourself.

FINAL THOUGHTS

So in the absence of a definite sale and definite answers,I’m left with speculation bordering on fan fiction.

Will HBOMax take over production for Superman and Lois?

Will they please take over production of the Flash, too???

And if they need some promotional art for the new show…can I assume my check is in the mail?

THE END

Hi, it’s Stephenie!

Believe it or not, I do this for a living. Here’s how you can support me.

| SUPPORT ME FOR FREE | SUPPORT ME FOR $5 | SUPPORT ME BY TELLING YOUR STORY |

Superman
TV Series
Television
Comics
Art
Recommended from ReadMedium