Comments on: Young Broadcasting files for Chapter 11

By: Barry S.

Barry S. — Fri, 20 Feb 2009 23:03:25 +0000

Bondholders have a seat at the table and Young looks like its worth more dead than alive.

Just because they file Ch. 11 does not mean they won’t be forced into Ch. 7 liquidation. I wouldn’t be suprised if a judge agreed.

By: aidian

aidian — Fri, 20 Feb 2009 00:17:48 +0000

I worked at a Young station, longtime mid-market #1 station with a lot of longtime employees, many of whom seemed to have a LOT of company stock.

By: Anonymous

Anonymous — Thu, 19 Feb 2009 20:53:10 +0000

KRON sucks unless Darya Folsom is still there…RRRRRRROOOWLLL

By: invitedmedia

invitedmedia — Thu, 19 Feb 2009 15:08:49 +0000

i don’t want to say you 2 above have it totally backwards, but young seems thrilled that they bought kron. now they can (and will) LEGALLY screw their creditors, bondholders and shareholders (presumably alot of longtime employees) while still drawing huge salaries for themselves and protecting their properties.

by their own words they don’t seem interested in restructuring the business… only the debt.

i could be wrong… their san francisco web property looks alot better than i recall it in the past.

By: Anonymous

Anonymous — Thu, 19 Feb 2009 03:56:08 +0000

I’m sure they are.

By: Barry S.

Barry S. — Wed, 18 Feb 2009 22:39:19 +0000

I wonder if they are wishing they hadn’t bought KRON.. Hmmm…