KLFY-TV is owned by Young Broadcasting and is curious of who would pick up the station.
Info and quotes courtesy of Taylor on Radio-Info July 1,2009
Info and quotes courtesy of Taylor on Radio-Info July 1,2009
Young Broadcasting’s ten TV stations go up for auction July 14.
It was one of the first TV operators to seek the comfort of Chapter 11, back in February, and now its secured lenders are pushing for a sale of the assets by auction. Talk about being upside down – on its bankruptcy filing, Young Broadcasting lists total assets of about $575 million and total liabilities of about $980 million.