Young Broadcasting, Inc. (YBTVQ/YBTVQ.PK) Wrap Up:

Young Broadcasting Inc., together with its subsidiaries, engages in the ownership and operation of television stations in the United States. As of December 31, 2008, it owned and operated 10 television stations, of which 5 are affiliated with American Broadcasting Companies, Inc., 3 are affiliated with CBS Inc., 1 is affiliated with National Broadcasting Company, Inc., and 1 is affiliated with MyNetworkTV. The company?s television stations include WKRN television station located in Nashville, Tennessee; WTEN television station in Albany, New York; WATE television station in Knoxville, Tennessee; WRIC television station in Richmond, Virginia; WBAY television station in Green Bay, Wisconsin; and WLNS television station in Lansing, Michigan. Its television stations also comprise KWQC television station located in the Quad Cities metropolitan area located along the Mississippi River in eastern Iowa and western Illinois; KELO television station located in Sioux Falls, South Dakota; KLFY television station in Lafayette, Louisiana; and KRON television station located in San Francisco, California. The company was founded in 1986 and is based in New York, New York. On February 13, 2009, Young Broadcasting, Inc., along with its affiliates, filed a voluntary petition for reorganization under Chapter 11 in the US Bankruptcy Court for the Southern District of New York, Manhattan.