Being a TV industry insider, maybe you can explain where all the production crew magically appears from when there's a breaking news story. As I would assume, they have people on stand by. I don't exactly get what you're trying to argue? The article says: "Ten says dropping The Simpsons would save it $6 million a year". Considering it costs them $25,000 an episode, and theres roughly 260 weekdays a year, theres $6.5 million, so effectively they're saying the news venture is costing them $500,000.
Being a TV industry expert, maybe you can tell us how they intend to produce a half hour news show for less than $2000 a show if they aren't maximising costs already being spent? Obviously they're factoring in expected higher TV ratings based on the same amount of ad time (as you so stated they're statute bound), but if this was there plan, then why wait this many years to try it? Seems more like a cost saving measure to me then a legitimate attempt to grab ratings.