Arrowverse & CW CEO Loses Job after Sale

Following the network's takeover by Nextstar, Mark Pedowitz, Chairman and CEO of The CW, has announced his resignation (via Deadline).

Subject: A Note from Mark

To:

Dear friends and colleagues,

All journeys have a beginning and end. My wonderful journey of 11 plus years at The CW is now concluding.

From the beginning of my time here at The CW all of you welcomed me with open arms. The camaraderie, teamwork, collaboration and creativity made this a truly special place to work.

Together, we have accomplished so much. This upstart network with its unique blend of programming brought The CW into the forefront of pop culture and social media. We made water cooler TV in a multi-platform world. We embraced what the audience wanted and gave it to them.

Many attempted to emulate The CW, but few succeeded.

Collectively, we Dared to Defy the conventional norms, converted weaknesses into strengths and forged new paths that no one had done before in the industry. The CW has become a recognized leader on-screen and behind the scenes with our efforts to showcase and embrace the diverse world we inhabit. We created an environment for people to express themselves without fear and created stability in an unstable business. We found ways to share our differences of opinion and arrive at a unified consensus.

As I end my CW journey, I will commence a new one. I have activated my production/consulting company Pinestreet Entertainment. I look forward to bringing some of my projects to The CW.

May the network’s journey continue to be one of unparalleled success and may all of you continue to Dare to Defy the naysayers.

I know I will.

With respect and admiration,

Mark

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