I thought WIN network mainly sourced local content through Channel 9 (NEC) so I am not sure why you say CBS will need to mend bridgesbetween CBS (channel 10) and WIN.
I would have thought CBS would salivate at the thought of acquiring the Prime content contract that Prime currently has with 7 West Media as this contract is up for renegotiation in 2018.
7 West Media has mooted a significant price increase is likely, but with CBS as an alternative I am not so sure. CBS has a huge war chest of cash and it will likely invest more to protect its new investment in Channel 10. A new content contract with PRT would be a good thing for CBS.
The landscape is now becoming very interesting and PRT shareholders are in the box seat IMHO.
GLTAH
PRT Price at posting:
31.0¢ Sentiment: Buy Disclosure: Held