CBS buys WLNY/55

CBS just announced that it has purchased WLNY/55 in Melville, creating a duopoly in New York and for Long Islanders a huge new news presence in their/our backyard. 

  Here's the statement from Peter Dunn, president of CBS' owned stations division: 

  “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. Our plans for the station include adding people and resources to fuel a significant expansion of local news programming well beyond the nightly half hour that currently airs. And, of course, in doing so we will continue to honor the station’s already deep commitment to serving the people of Long Island and the entire tri-state area. We also look forward to having a bigger and better news bureau on Long Island that will be a terrific resource for WCBS.”

  Many questions in this big transaction, of course: Will the expanded news presence focus more on Long Island or replicate what WCBS/2 already does? Fox's WOR duopoly does seems to have a larger New Jersey presence but it still covers the broader New York region too. Also: How much will the programming change? Will the call letters change? (They stand for We Love New York.) Will CBS simulcast certain programs...like the new "CBS This Morning," which launches early in the new year?