"Young has been trying to sell KRON pretty much since they bought it. I'm sure that they're asking for more than the $750million they paid for it."
If that's true, KRON will not be sold anytime soon. Even after NBC had made the agreement to pull their network's affiliation from KRON and give it to KNTV, they tried one last time to buy KRON - this time from Young, who had outbid them in the first place. NBC's preference was to own the historic NBC affiliate located in the central Bay Area - not an also-ran station in the South Bay with over the air reception problems in San Francisco and Marin. But there was NO WAY they were going to pay $750 million - they were hoping Young would bite the bullet and take a loss. But Young wouldn't budge on the price. So NBC ended up buying KNTV for $250 million. An NBC official noted that they had saved a half billiion dollars, and the decision was a "no-brainer."
KRON is a seriously de-valued property now - I doubt Young could get what they paid for it. More? Forget it. I don't think Rupert Murdoch and Company are stupid enough to pay that kind of money, or need a Bay Area O&O that much.