Wait! The NEW(!!) CW(BS) Network Violates FCC Regs, Yes?

As you might remember, Viacom (now CBS) had to apply for an FCC waiver
just to keep both CBS and UPN under the same corporate umbrella.

But it looks to me like UPN programmed a lot less hours, and owned fewer
key affiliates, than the proposed new network.

Despite the fact that The New(!) CW(BS) Net is 50% owned with TWX (Time
Warner, for those of you wondering...), the fact that it will program
more hours, and involve more higher tier affiliates in more 'major
markets' would seem to go beyond CBS's original FCC waiver.

So, am I wrong here? Or is CBS about to get smacked down by the FCC on
Anti-Trust grounds?...

Ian (I haven't seen anyone even reference this issue yet...)

Taylor...

Jorabi...