The Unusual CBS TV Station Deal That Scored One Executive A $1M Golf Membership

Nine years ago, CBS bought a small Long Island TV station, WLNY,  for $55 million. A CBS executive ended up with a membership at an exclusive golf club owned by the seller.

DMA 1: NEW YORK

WLNY Renames Newscast ‘CBSN New York On WLNY’

DMA 1 (NEW YORK)

WLNY Expanding 9 P.M. News To Weekends

The evening newscast will begin July 12 with anchor Cindy Hsu, meteorologist Elise Finch and sports anchor Steve Overmyer.

DMA 1

WLNY New York Cancels Morning Newscast

DMAS 1 & 4

CBS Names New Top Techs In New York, Philly

Rich Paleski joins CBS-owned WCBS-WLNY New York from the company’s KYW-WPSG Philadelphia where he’s being succeeded by Marc Musgrove. Both have the title of director of broadcast operations and engineering.

DMA 1 (NEW YORK)

Carolina Bermudez To Host New WLNY A.M. Show

DMA 1

WLNY Suspends News As Part Of Merger

Long Island-based WLNY’s final 11 p.m. newscast under the current ownership will air on March 29. A regularly scheduled newscast won’t return until mid-June, a couple of months after the outlet is officially acquired by CBS-owned WCBS New York.

DMA 1

New Look To News At WCBS New York

The CBS New York O&O is boosting its Long Island bureau by hiring Carolyn Gusoff and increasing its entertainment coverage through Katie McGee. The moves are the latest in a series of personnel shifts the station is expected to make in preparation for its acquisition of Long Island’s WLNY.

CBS Paying $55 Million For WLNY New York

When CBS announced on Dec. 12 that it was acquiring WLNY and creating a New York duopoly (with flagship WCBS), it didn’t release the price. But it shows up in the FCC application seeking approval of the deal. WLNY is an independent station owned by Michael Pascucci and family.

DMA 1

CBS Buys WLNY, Doubles Up In New York

The purchase of the independent station on Long Island will give CBS a duopoly in the nation’s largest media market.