Vincent Young Out as New Young Broadcasting CEO

[kjohnson 17]

From Broadcasting and Cable:

 

Vincent Young has assumed the role and title of non-Executive Chairman of the Board of New Young Broadcasting and stepped down as CEO, according to a company memo from Chief Restructuring Officer Kevin Shea to Young employees dated Aug. 19 and obtained by B&C.

 

http://www.broadcastingcable.com/article/456185-Vincent_Young_Out_as_New_Young_Broadcasting_CEO.php

[mre29 1563]

So, would this be the start of an attempt to sell off the [New] Young stations individually or in small groups instead of keeping them together? I seem to recall Vincent Young insisting on the latter.

[Bucc 4]

so is Gray ever going to manage these stations?

[lugnuts6 91]

uh, where does this leave the 3 young broadcast..uh i mean NEWco ...or is it still young broadcasting stations that arent a part of the Gray /Young deal (mainly WLNS , WATE and the $400million pound elephant KRON)