CW Network: "A good idea, ten years too late."

After hearing news of the merger of the WB and UPN yesterday, I rang up Dean Valentine, who’d been president of the UPN when it started out.

He was speeding back to L.A. from Las Vegas at over 100 mph, but even the wind noise couldn’t drown out the truth. This merger is a good idea, about ten years too late, he observed. Valentine estimated that the two networks had probably lost around $2 billion in the last decade.

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