UPN, WB to Combine to Form New Network

From Yahoo! News:

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.

I hope this doesn't affect Smallville. I'd hate to see that get tossed cause these dipshits don't know how to run a TV network.

Technorati tags: UPN, The WB, Television