Sources
Help build the largest human-edited directory on the web.
Submit a site - Become an editor
Wikipedia. Licensed under the GNU Free Documentation License.
Are you an expert in this subject? Join the discussion and share your knowledge at Wikipedia.org.
Young Broadcasting
From Wikipedia, the free encyclopedia
Young Broadcasting NASDAQ: YBTVA is an American holding company that operates 13 television stations. Though the company is publicly held, it is the outgrowth of the ad representation/invest firm Adam Young, Inc. which was founded in 1944 by Adam Young and is currently run in part by his son Vince. Young Broadcasting entered station ownership in 1986 and in 1999 set the record for the purchase of a single station with their purchase of KRON in San Francisco, California for $820 million from Chronicle Broadcasting.
| Current DMA# | Market | Station | Channel (DT) | Current Affiliation | Acquired | Notes |
| 5. | San Francisco, California | KRON-TV | 4 (19) | MyNetworkTV | 2000 | Was NBC until 2001, then independent 2002-2006. Became a MyNetwork affiliate on 9/5/06. |
| 30. | Nashville, Tennessee | WKRN | 2 (17) | ABC | 1989 | |
| 56. | Albany, New York | WTEN | 10 (26) | ABC | 1989 | |
| North Adams, Massachusetts | WCDC | 19 (36) | ABC | 1989 | Satellite of WTEN | |
| 60. | Knoxville, Tennessee | WATE | 6 (26) | ABC | 1993 | |
| 61. | Richmond, Virginia | WRIC-TV | 8 (22) | ABC | 1993 | |
| 69. | Green Bay, Wisconsin | WBAY | 2 (23) | ABC | 1993 | |
| 96. | Davenport, Iowa | KWQC-TV | 6 (56) | NBC | 1995 | |
| 112. | Lansing, Michigan | WLNS-TV | 6 (59) | CBS | 1986 | First station purchased by Young (with WKBT) |
| 115. | Sioux Falls, South Dakota | KELO-TV | 11 (32) | CBS | 1996 | My Network TV on 32.2 |
| Florence, South Dakota | KDLO | 3 (2) | CBS | 1996 | Satellite of KELO-TV | |
| Reliance, South Dakota | KPLO | 6 (14) | CBS | 1996 | Satellite of KELO-TV | |
| 123. | Lafayette, Louisiana | KLFY | 10 (56) | CBS | 1988 | |
| 177. | Rapid City, South Dakota | KCLO | 15 (16) | CBS | 1996 | Satellite of KELO-TV |
| Market | Station | Channel | Affiliation | Owned by Young | Sold To | Current Ownership | Notes |
| Los Angeles, California | KCAL-TV | 9 | Independent | 1996-2002 | CBS Corporation | CBS | Operated with KCBS-TV |
| Rockford, Illinois | WTVO | 17 | NBC, ABC | 1986-2004 | Mission Broadcasting | Mission Broadcasting | Controlled by Nexstar-owned WQRF |
| Reno, Nevada | KOLO | 8 | ABC | ca. 1995-2000 | Smith Broadcasting | Gray Television | |
| LaCrosse, Wisconsin | WKBT | 8 | CBS | 1986-99 | Morgan Murphy Stations | Morgan Murphy Stations |
All of these sales were done to either finance or pay off debt pertaining to the KRON purchase. For several years, rumors of the company either leaving broadcasting, selling off more stations, or being bought have circulated though any future deals remain to be seen. Most analysis feel that the debt of the company may excced the value of there assets.
ABC Affiliates: WATE | WBAY | WKRN | WRIC | WTEN/WCDC
CBS Affiliates: KELO/KCLO/KDLO/KPLO | KLFY | WLNS
MyNetworkTV Affiliate: KRON
NBC Affiliate: KWQC
Key People: Adam Young and Vincent Young
Website: www.youngbroadcasting.com