Home | TV/Cable News | TV DEALS | A vulture’s eye view of Young

A vulture’s eye view of Young

Font size: Decrease font Enlarge font

Young Broadcasting, owner and operator of television stations in ten DMAs, is headed for the Chapter 11 auction block. It filed for protection back in February, and now has a date with the auctioneer on 7/14/09. According to a report in Nashville’s The Tennessean, there is “a healthy amount of interest” in the offer. They are attempting to sell the group as a whole rather than in pieces.

Here is what’s up for grabs.

* Nashville TN: WKRN-TV ABC

* Albany-Schenectady-Troy, NY: WTEN-TV and satellite WCDC-TV, both ABC

* Richmond VA: WRIC-TV ABC

* Knoxville TN: WATE-TV ABC

* Green Bay WI: WBAY-TV ABC

* Lansing MI: WLNS-TV CBS

* Lafayette LA: KLFY-TV CBS

* Sioux Falls, SD: KELO-TV CBS. KELO also has MyNetworkTV on a DTV multicast, and has three satellites, KDLO-TV & KPLO-TV, both Sioux Falls, and KCLO-TV Rapid City SD

* Davenport IA-Rock Island-Moline IL: KWQC-TV NBC

* San Francisco-Oakland-San Jose CA: KRON-TV MNTV

* Young also owns national advertising rep firm Adam Young Inc.

Have an opinion on this article? Post your comment below.

Bookmark and Share

Today's Broadcasting News

RBR - Radio News
TVBR - TV/Cable News




Subscribe to comments feed Comments (1 posted):

Interested Observer on 2009-07-06 12:14:57
avatar
If this auction produces some actual sales, we will finally have some data points as to the current value of network affiliated stations in both large and small markets. Lets hops they aren't to shocking.
Thumbs Up Thumbs Down
1

Post your comment comment

Please enter the code you see in the image:

  • email Email to a friend
  • print Print version
Log in



Is your radio/TV station experiencing a recovery from the recession?
www.harkerresearch.com



Facebook

Twitter

Rate this article
0