"I predict many of these affiliates will either be sold or fold entirely."
In the San Francisco Bay Area, the MyNetworkTV affiliate is KRON 4. It was owned for over 50 years by the San Francisco Chronicle Publishing Co, and was the area's NBC affiliate for all of that time. It was sold to Young TV, which managed to lose the affiliation in a stupid stand-off with the NBC network, which had wanted KRON as an O&O.
After the affiliation was yanked, KRON started on a downhill slide, went into a signifcant operating deficit, and had to terminate staff, including most of the reporters on their formerly excellent news team. MyNetworkTV was seen as a shot in the arm for them, though it was hard for me to understand how a "telenovela" format could possibly draw many viewers in the 'sophisticated' Bay Area.
Now it looks like it couldn't draw viewers anywhere. This will be another blow to KRON. To add insult to injury, they had to give up one of their signature shows - the 9:00 PM News - in order to schedule MNTV. The ABC O&O in town jumped into that breach, and is now producing a 9:00 PM news show that runs on independent TV20, which had time to fill after losing their affiliation with the WB.
Poor KRON - talk about being kicked when you're already down...