Walker previously featured runs of 18 (seasons one and three) and 20 episodes (season two) its order for 13 episodes should be considered Nexstar’s way of controlling its spending on the pricey series for which it must pay a licensing fee to CBS Studios.
“As we build a great big new future for The CW, we are thrilled to be staying in business with our partners at CBS Studios and we cannot wait to have Walker back on the schedule.” “Over the past three seasons, Walker has become the top performing series on The CW with a passionate fanbase and a fantastic cast and creative team led by Jared Padalecki, who has now been a leading man on the network for over 20 years,” said CW entertainment president Brad Schwartz. WBTV and CBS Studios each retain a 12.5 percent ownership stake in The CW and Nexstar contractually had to air all of its remaining scripted series during the 2022-23 season. Discovery sold majority stakes in The CW to Nexstar. Now that those rights are being held back for both studios’ respective streamers (Paramount+ and HBO Max), both Paramount Global and Warner Bros. TV, to monetize scripted fare by selling streaming and foreign rights. The CW was never created to be a profitable network but rather as a way for its owners, CBS Studios and Warner Bros. Walker ranks as The CW’s most-watched linear series in its third season among total viewers, a fact that is increasingly important to station group Nexstar as it looks to age up the network as part of its larger plan to make The CW profitable. The CW Outlines New Approach to Scripted Development: "It's a Mix of Everything"
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