UPN, WB to Combine to Form New Network
http://www.washingtonpost.com/wp-dyn/content/article/2006/01/24/AR2006012400
657.html

By SETH SUTEL
The Associated Press
Tuesday, January 24, 2006; 12:01 PM

NEW YORK -- Two small, struggling television networks, UPN and WB, will
merge to form a new network called The CW, executives from the companies
that own them said Tuesday.

The announcement was made by executives from CBS Corp., which owns UPN, and
Warner Bros., a unit of Time Warner Inc., which owns WB.

Both UPN and WB had struggled to compete against larger rivals in the
broadcast TV business, including Walt Disney Co.'s ABC, News Corp.'s Fox,
General Electric Co.'s NBC and CBS Corp.'s CBS.

The new network will launch in the fall, the executives said, and both UPN
and WB will shut down. It will be a 50-50 partnership between Warner Bros.
and CBS, and the network will be carried on stations owned by the Tribune
Co., which is a minority owner of the WB network.

Among the Tribune's TV stations that will join the new network are its
flagship WGN in Chicago as well as WPIX in New York, and KTLA in Los
Angeles.

Leslie Moonves, chief executive of CBS Corp., said the new network will air
30 hours of programming seven days a week aimed in part at young audiences.

Barry Meyer, the head of Warner Bros., said the network would be run by the
current executives of UPN and WB.



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