Heavy layoffs at Young Broadcasting
Cory Bergman January 31st, 2008
Broadcasting & Cable reports Young Broadcasting is cutting $20 million across its station group. The numbers are daunting: 10 people cut from WTEN and as many as 15 from WKRN. “The higher-priced talent was the first to go,” reports B&C. In fact, if you visit WTEN.com’s station bios page, you’ll see the message, “Please come back in a few days to check out our brand new ‘Meet the NEWS10 Team’ page!” Recently, Young said it was exploring the possibility of selling its San Francisco station. “Young keeps saying it’s not about KRON, but it’s all about KRON,” said one station consultant who asked not to be named. “They went over a bridge too far in going after KRON.”
2 Comments Add your own
1. Bill Gorman | January 31st, 2008 at 11:16 pm
I’m not sure it was the *purchase* of KRON that was the error for Young.
I think rather it was playing and losing the game of chicken with GE/NBC afterwards which caused them to lose the NBC affiliation.
2. aidian | February 1st, 2008 at 5:47 am
What happened at KRON should be a cautionary tale for every network affil in the nation — network can and will screw you. Just like they did to KRON
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