Dennis Miller to Depart as President of The CW Network on October 31

Executive Will Stay on in Advisory Capacity through End of 2024

BURBANK, Calif. -- The CW Network (The CW) today announced that Dennis Miller will be departing as Network President effective October 31, 2024. He will serve in an advisory role through the end of the calendar year. Prior to his current position with The CW, Mr. Miller was a member of Nexstar's Board of Directors, which he joined in 2014.

Mr. Miller has served as President since Nexstar Media Group, Inc. (NASDAQ: NXST) acquired a majority interest in The CW in October 2022, and he has overseen the network's strategic transformation into a robust destination for live sports and entertainment programming. The debuts of WWE NXT wrestling and NASCAR Xfinity racing this Fall delivered record ratings in total viewers and key demographics, and meaningful programming additions such as ACC college football and basketball, PAC 12 football, and LIV Golf have generated some of the highest ratings for the network in years. This month, The CW also launched the popular game shows Trivial Pursuit and Scrabble to strong viewer response, driving significant ratings increases in total viewership and among adults aged 25-54.

"I've had a front row seat during a remarkable 11-year run with Nexstar and enjoyed navigating this period of significant transformation for the network," said Mr. Miller. "With some of the highest ratings The CW has seen in years and long-term contracts with an array of premium live sports in place, the future of The CW looks very promising."

"We were fortunate when Dennis agreed to move from Nexstar's Board to lead the transformation of The CW," said Perry Sook, Nexstar's Chairman and Chief Executive Officer. "During his tenure, he installed a new leadership team at The CW, and they have broadened the appeal of its programming and enhanced the value of its affiliations for both Nexstar and our partners. With The CW now well positioned for continued success, we're pleased to let Dennis move on to new challenges. We are grateful for his guidance on Nexstar's Board and at the helm of The CW, and we wish him the very best."

About The CW Network

The CW is America's fifth major broadcast network and is available to 100% of U.S. television households. The CW delivers primetime entertainment programming and more than 500 hours of sports programming annually including LIV Golf, ACC football and basketball games, Pac-12 football games, "Inside the NFL," WWE NXT and NASCAR Xfinity Series racing. The free, ad-supported CW App is widely available on all major platforms. The CW App is home to The CW's primetime programming, live streaming of LIV Golf tournaments, and a library of entertaining film and television content. The CW is 75%-owned by Nexstar Media Group, Inc. (NASDAQ: NXST), a leading diversified media company and the largest CW affiliate group. For more information about The CW, please visit www.cwtv.com.

About Nexstar Media Group, Inc.

Nexstar Media Group, Inc. (NASDAQ: NXST) is a leading diversified media company that produces and distributes engaging local and national news, sports and entertainment content across its television and digital platforms, including more than 310,000 hours of programming produced annually by its business units. Nexstar owns America's largest local television broadcasting group comprised of top network affiliates, with 200 owned or partner stations in 116 U.S. markets reaching 220 million people. Nexstar's national television properties include The CW, America's fifth major broadcast network, NewsNation, our national news network providing "News for All America," popular entertainment multicast networks Antenna TV and Rewind TV, and a 31.3% ownership stake in TV Food Network. The Company's portfolio of digital assets, including its local TV station websites, The Hill and NewsNationNow.com, are collectively a Top 10 U.S. digital news and information property. For more information, please visit nexstar.tv.