Here are some facts... KYW is one of the biggest revenue-producing stations in Philadelphia, if not the top earner. As an All-News station, it can run more spots per hour than any FM music station, and its listeners probably earn more money than most music station audiences.
Any argument that KYW sounds old, or you can get all the news you need from your personal device, is not relevant. Old sounding stations can evolve. To my ears, KYW doesn't sound any different than CBS's other All-News stations. And we can get anything a radio station offers from a personal device, be it music, news, weather or traffic. But while we're driving, the law says we shouldn't be using personal devices to scan news websites. So my guess would be a station giving us local news, weather, traffic, etc., coming out of our speakers with no work on our part, will last longer in the new media world than one giving us music.
Someday CBS will have to move all its successful All-News stations to FM. They make too much money to be left till the AM band withers away. I also think it's interesting CBS has NOT put its Sports network on KCBS-AM or WBBM-AM, leaving those 50,000 watt stations as simulcasts, for the audience that never switched to FM or those in the far suburbs who can't get the FM signal. So I'd assume when the day comes that KYW gets an FM simulcast, 1060 will stay All-News too. Is that day coming January 1? Or is it somewhere in the future?
CBS got outbid for 106.9 by a religious organization, so obviously CBS didn't think last year that an FM simulcast was vital to KYW's survival. But KYW's ratings have slipped this year. So now that CBS finds itself in possession of several new FM frequencies, it may decide 2015 is as good a time as any for KYW-AM-FM. I guess we'll know soon enough!