CBS Loves Duopolies, Gets One In NY

The CBS Television Stations division of CBS Corp. has agreed to purchase independent New York television station WLNY-TV (Channel 55) from WLNY Holdings Inc. Terms were not disclosed. The acquisition of WLNY-TV (whose call letters stand for We Love New York), along with WCBS-TV (CBS 2), will give CBS a duopoly in the nation’s largest media market.

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