WBEB obviously is quite interested in letting WTDY know they're not going to sit idly by. Would be interesting to see if that means making their Christmas library more interesting in the face of competition. I wouldn't be surprised at all to learn that they've finally spruced up (see what I did there?) the list just in case WTDY does something More interesting (see what I did there?).
There may indeed be little risk in WBEB waiting regardless of what WTDY does but I just don't see them doing that if WTDY actually flips. And history shows they won't: Post-Sunny, the only year someone challenged them by flipping earlier than they do, they did react by flipping earlier than they ever had (and earlier than they ever have since). If WTDY flips tomorrow or next week, I highly doubt WBEB would wait until November 16 (which is when we all know they'd be flipping if there were no competition in the market--regardless of that bogus online survey). They simply don't want to be scooped in the market. And while it wouldn't have much of an impact on revenue, I'm sure they love seeing articles about their 17 shares and would not like to see that become an 11 share in future industry news stories.
WOGL is indeed a bigger asset (Is it though? Could WTDY, if done well enough, not make the company as much money as WOGL?) but, again, one they never wanted to flip away to all-Christmas in the first place. What if they keep doing the "Christmas Classics" thing and just keep getting 6 shares when they could instead put Christmas on WTDY and get an 8 share while WOGL still gets that 6? I just feel like it's worthy of the experiment, if for no other reason than to see if they should do it every year or go back to status quo.
Also, I believe that WTDY doing the flip would create noise in bigger circles than just us geeks. People go absolutely nuts for Christmas music. If WTDY switched over tomorrow, word of mouth alone would be huge. But advertising it on sister stations would obviously get the word out faster. I honestly think they have nothing to lose and potentially a lot to gain by beating WBEB to the punch.
BTW: Thanks for entertaining this conversation. We're probably boring the pants off everyone else on here.