11:05 CW president (and honorary "Girl") Dawn Ostroff takes the stage and welcomes us to the second CW Upfront.

11:07 Last year was about establishing the network. This year is about not going out of business finding new hits.

11:09: Dawn's diving right into the sked, starting with Wednesday night. ANTM is staying put at 8 pm. Tyra's in the house!

11:10 Tyra introduces a highlight reel from Cycles 7 and 8.

11:11 While the clips play, let me take a moment to remind Mars fans that a press conference with Ostroff will immediately follow the upfront. And she better have good news for us. - Michael Ausiello

For more of Mike's minute-by-minute coverage of the CW presentation, click here.