Tuesday, July 14, 2009

Young Broadcasting calls off auction

Michael Malone of Broadcasting & Cable reports that Young Broadcasting has called off the auction of its assets -- including KRON 4 -- without comment. Malone said that insiders believe the development means the bids did not meet the minimum. Chairman Vincent Young had anticipated strong interest in the stations that also include 10 network affiliates in the Midwest.


Anonymous said...

Guess nobody wanted to be Gary Radnich's boss that bad!

Anonymous said...

Betcha the real estate KRON has is worth more than it's license!