WCBS/Channel 2 Forms Duopoly With Acquistion of WLNY/Channel 55

While terms of the agreement with the seller, WLNY Holdings, Inc., were not disclosed, the acquisition of WLNY-TV would give CBS a duopoly in the nation’s largest media market.

“Our acquisition of WLNY-TV presents a tremendous opportunity for our TV Stations Division,” said Peter Dunn, president, CBS Television Stations. “The combined strengths of CBS 2 and WLNY-TV will give us a terrific platform for serving the entire New York area.