They have no reason to blow up any of their FM properties in NYC to simulcast all news. 880 and 1010 both make a boatload of cash, and don't have any ratings issues (the blip this past month on 880 will be an anomaly I'm sure).
What would they do? Blow up CBS-FM? Nope. We all saw how Jack worked out when they did that. People would again be throwing bricks at CBS. And it makes money.
Blow up Fresh?? Nope. That makes money too, and is a cheap format as far as having not having mega-buck talent and 2 or 3 people on the air at the same time.
92.3 now? I don't think so. Every month this station ticks up another tenth of a point in the 6+... without seeing the 18-34 numbers, I couldn't tell you how it does there. I would imagine fairly well, and it bills solid. I think the Nick Cannon thing was a dumb idea, to take a non-radio person and throw them into market #1, but the station is still doing well.
The question becomes: Can they make enough in increased billing to offset the loss of billing from nuking one of their FM properties? In NYC, I don't see this as the case. CBS has 6 well performing stations.
"FM-News 101.9" isn't a serious threat to either all news station. Or to WALK, WKJY, WBLI or even WEPN as far as overall audience goes. They have cleaned up their act quite a bit, but time will tell whether there is an audience for a third all news station when there are two of the best ones in the country here already.
I think Mr. Michaels over-estimated the NY audience's willingness to give up their all news favorite on AM for another lesser competitor on FM. A local NYC based news/talk would have been a much better route to go... pick the ripe fruit from WABC and WOR by focusing on NYC--market #1. It still amazes me that I can't turn on the radio most times and hear tri-state area centric talk. Lesser markets have much better talk radio.