| Business Summary | | Young
Broadcasting
Inc.
owns
and
operates
12
television
stations
in
geographically
diverse
markets
and
a
national
television
sales
representation
firm,
Adam
Young
Inc.
Six
of
the
stations
are
affiliated
with
American
Broadcasting
Companies,
Inc.,
three
are
affiliated
with
CBS
Inc.,
two
are
affiliated
with
National
Broadcasting
Company,
Inc.
and
one
is
an
independent
station.
The
Company
also
owns
a
51%
interest
in
BayTV,
a
24-hour
local
news
and
information
channel
in
the
San
Francisco
Bay
Area. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Young
Broadcasting,
Inc.
owns
and
operates
12
television
stations;
six
are
affiliated
with
ABC,
three
with
CBS,
two
with
NBC
and
one
is
independent.
For
the
six
months
ended
6/30/01,
revenues
increased
31%
to
$192.9
million.
Net
loss
before
extraordinary
item
totalled
$23.6
million
vs.
an
income
of
$10.6
million.
Revenues
reflect
the
acquisition
of
KRON-TV.
Loss
reflects
the
absence
of
a
$15.7
million
gain
on
the
sale
of
a
station. | More
from
Market Guide: Significant
Developments |
| | | Vincent
Young,
Chmn./CEO Ronald
Kwasnick,
Pres. James
Morgan,
Exec. VP/Secy./CFO Deborah
McDermott,
Exec. VP Adam
Young,
Treas. Stephen
Baker,
VP/Contr. | More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|