Exhibit 99.1

UNITED STATES BANKRUPTCY COURT

SOUTHERN DISTRICT OF NEW YORK

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	:
In re:	:	Chapter 11
	:
YOUNG BROADCASTING INC. et al.,	:	Case No. 09-10645 (AJG)
	:
Debtors.1	:
	:	(Jointly Administered)
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MONTHLY OPERATING REPORT

FOR THE MONTH OF DECEMBER 2009

Debtors’ Address:

599 Lexington Avenue

New York, New York 10022

Debtors’ Counsel:

SONNENSCHEIN NATH & ROSENTHAL LLP

Peter D. Wolfson

Jo Christine Reed

1221 Avenue of the Americas

24th floor

New York, New York 10020

T: 212.768.6700

F: 212.768.6800

Report Preparer: Young Broadcasting Inc.

The undersigned, having reviewed the attached report and being familiar with the Debtors’ financial affairs, verifies, under the penalty of perjury, that the information contained herein is complete, accurate and truthful to the best of my knowledge.2

Dated: January 27, 2010
	/s/ James A. Morgan
	James A. Morgan, Chief Financial Officer

1	The Debtors in these cases are Young Broadcasting Inc.; Young Broadcasting of Lansing, Inc.; Young Broadcasting of Louisiana, Inc.; Young Broadcasting of Nashville, LLC; Young Broadcasting of Albany, Inc.; Young Broadcasting of Richmond, Inc.; Young Broadcasting of Knoxville, Inc.; Young Broadcasting of Green Bay, Inc.; Young Broadcasting of Davenport, Inc.; Young Broadcasting of Sioux Falls, Inc.; Young Broadcasting of Rapid City, Inc.; Young Broadcasting of San Francisco, Inc.; Young Broadcasting of Nashville, Inc.; Young Broadcasting of Los Angeles, Inc.; Young Broadcasting Shared Services, Inc.; Adam Young Inc.; WKRN, G.P.; WATE, G.P.; KLFY, L.P.; YBT, Inc.; YBK, Inc.; LAT, Inc.; Winnebago Television Corporation; Fidelity Television, Inc.; Young Broadcasting Capital Corp.; Young Communications, Inc.; and Honey Bucket Films, Inc.

2	All amounts herein are unaudited and subject to revision. The Debtors reserve all rights to revise this report.

NOTES TO MONTHLY OPERATING REPORT

Young Broadcasting Inc. and certain of its direct and indirect subsidiaries, the debtors and debtors in possession in the above-captioned chapter 11 cases (collectively, “Company” or “Debtors”), hereby submit their Monthly Operating Report (the “MOR”).

1. Description of the Cases. On February 13, 2009, (the “Petition Date”), each of the Debtors filed a voluntary petition with the Bankruptcy Court for reorganization under Chapter 11 of the Bankruptcy Code. On August 16, 2009, two additional affiliates of the Debtors, Young Broadcasting Capital Corp. and Young Communications Inc., filed a voluntary petition with the Bankruptcy Court for reorganization under Chapter 11 of the Bankruptcy Code. The cases are being jointly administered under case number 09-10645 (AJG). The Debtors are currently operating their businesses as debtors-in-possession pursuant to Sections 1107(a) and 1108 of the Bankruptcy Code. Each Debtor’s fiscal year ends on December 31 of each year.

2. Basis of Presentation. The MOR is limited in scope, covers a limited time period and has been prepared solely for the purpose of complying with the monthly reporting requirements of the United States Bankruptcy Court. The financial information in the MOR is preliminary and unaudited and does not purport to show the financial statements of the Debtors in accordance with GAAP and, therefore, may exclude items required by GAAP, such as certain reclassifications, eliminations, accruals, valuations and disclosure items. We caution readers not to place undue reliance upon the MOR. There can be no assurance that such information is complete and the MOR may be subject to revision.

The information contained in the MOR has been derived from the Debtors’ books and records. This information, however, has not been subject to procedures that would typically be applied to financial information presented in accordance with GAAP, and upon the application of such procedures, we believe that the financial information could be subject to changes and these changes could be material. The information furnished in this MOR includes primarily normal recurring adjustments but does not include all of the adjustments that would typically be made for financial statements prepared in accordance with GAAP. In addition, certain information and footnote disclosures normally included in financial statements prepared in accordance with GAAP have been condensed or omitted.

The statements contained herein have been prepared in accordance with the guidance in American Institute of Certified Public Accountant Statement of Position 90-7, “Financial Reporting by Entities in reorganization under the Bankruptcy Code” (“SOP 90-7”), which is applicable to companies in Chapter 11.

3. Summary of Significant Reporting Policies. The Debtors use a consolidated cash management system through which the Debtors collect substantially all receipts and pay liabilities and expenses. Cash receipts and disbursements are recorded on the books and records of each Debtor and inter-company journal entries are utilized to record transactions affecting revenues, expenses, assets and liabilities between Debtors. The Court has entered an order authorizing the Debtors to continue to use their existing cash management system.

4. Foreign Currency. The Debtors have no foreign currency transactions.

- 2 -

Therefore, all amounts are reflected in U.S. dollars.

5. Inter-company Receivables/Payables. Inter-company balances have been set forth in the MOR to the best of the Debtors’ knowledge, information and belief at the value as set forth on the Debtors’ books and records.

6. Recoveries and Causes of Action. The Debtors Schedules and Statements may not include a complete list of causes of action they possess as of the Petition Date, or at any point thereafter. Regardless of the recoveries and causes of action listed, the Debtors reserve all of their rights with respect to assert any and all causes of action they may possess, including, but not limited to, avoidance actions, and neither these Global Notes nor the Schedules and Statements shall be deemed a waiver or limitation of any of the Debtors’ rights to pursue any such causes of action or recovery.

7. Reorganization Items. American Institute of Certified Public Accountant Statement of Position 90-7, “Financial Reporting by Entities in reorganization under the Bankruptcy Code” (“SOP 90-7”) requires separate disclosure of reorganization items such as realized gains and losses from the settlement of pre-petition liabilities, provisions for losses resulting from the reorganization and restructuring of the business as well as professional fees directly related to the process or reorganizing the Debtors under Chapter 11. Such items are reflected in the statements.

8. Liabilities Subject to Compromise. As a result of the Chapter 11 filing, most pre-petition indebtedness is subject to compromise or other treatment under a plan of reorganization. Generally, actions to enforce or otherwise effect payment of pre-Chapter 11 liabilities are stayed. The Debtors have been paying and intend to continue to pay undisputed post-petition claims in the ordinary course of business. In addition, the Debtors may reject pre-petition executory contracts and unexpired leases with respect to the Debtors’ operations with the approval of the Bankruptcy Court. Damages resulting from rejection of executory contracts and unexpired leases are generally treated as general unsecured claims and will be classified as liabilities subject to compromise. The pre-petition liabilities that are subject to compromise are reported herein at the amounts expected to be allowed, although they may be settled for lesser amounts. The amounts currently classified as liabilities subject to compromise may be subject to future adjustments depending on Court actions, further developments with respect to disputed claims, determinations of the secured status of certain claims, the values of any collateral securing such claims or other events.

9. Post-petition Accounts Payable. To the best of the Debtors’ knowledge, all undisputed post-petition accounts payable have been and are being paid under agreed-upon payment terms. Thus, an accounts payable aging is not included in this report.

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Young Broadcasting, Inc.

Consolidating Income Statement

1), 4)

For the Month ended December 31 , 2009

Case #		09-10671		09-10661		09-10651		09-10665	09-10656		09-10673	09-10672	09-10652		09-10655		09-10650		09-10648	09-10662	09-10670	09-10660		09-10663		09-10645		09-15606	09-15607
		WLNS		KLFY		KLFY LP		WKRN	WKRN GP		WTEN	WRIC	WATE		WATE GP		WBAY		KWQC	KELO	KCLO	KRON		AYI		CORP		YBCC	YCI	Consolidated
Operating Revenues
Local Revenue		690,101		930,328				1,332,255			645,347	1,011,252	889,242				1,049,785		911,157	1,256,169	107,907	1,205,505								10,029,049
National Revenue		240,400		228,858				569,815			353,513	390,561	237,007				318,527		452,822	291,403	34,763	1,879,278								4,996,946
Network Revenue		543		(930)				64,772			26,270	40,815	52,457				23,935		2,049	(2,251)										207,661
Political Revenue				137,120							33,590	190,367	60				1,225			74,570	8,310									445,242
Barter Revenue		10,053		34,252				52,627			7,740	13,365	10,221				5,365		12,320	5,891	805	83,544								236,183
Other Revenue		58,583		71,365				242,634			107,103	123,017	148,504				99,267		117,927	68,970	17,064	172,296		29,606						1,256,336
Total Operating Revenues		999,680		1,400,993				2,262,103			1,173,563	1,769,377	1,337,492				1,498,104		1,496,275	1,694,752	168,849	3,340,622		29,606						17,171,416
Commissions
Agency Commissions		104,992		140,290				266,972			136,827	226,306	156,700				150,693		207,530	200,209	19,538	371,461								1,981,517
National Rep		10,217		15,554				22,326			16,432	23,698	9,513				13,578		19,242	15,553	1,831	79,860		(227,803)
Total Commissions		115,209		155,844				289,297			153,259	250,004	166,213				164,271		226,772	215,762	21,369	451,321		(227,803)						1,981,517

Net Operating Revenues		884,471		1,245,149				1,972,806			1,020,304	1,519,373	1,171,278				1,333,833		1,269,504	1,478,990	147,480	2,889,301		257,409						15,189,899

Operating Expenses
Direct Expenses		9,629		12,007				13,412			9,027	6,172	3,966				9,170		7,136	5,847	1,001	39,397								116,764
Technical Expense		60,517		17,040				81,963			73,063	56,205	67,893				66,749		70,037	52,804	3,705	463,523								1,013,498
Program/Production Expense		59,977		42,483				55,054			42,807	49,783	62,165				65,913		49,542	86,240		115,675								629,637
Amortization of Program License Rights		34,335		21,517				101,464			84,717	123,412	86,125				135,542		74,216	34,478	1,075	298,999								995,880
News Expense		154,281		140,467				457,462			252,791	238,662	253,287				265,152		171,668	179,545	5,162	788,164								2,906,642
Sales Expense		112,432		124,322				235,720			159,785	182,599	195,634				185,640		113,035	175,462	16,442	395,943		513,730						2,410,742
General & Administrative Expense		153,945		140,145		815		262,032	815		194,729	191,639	171,117		815		214,537		210,213	217,865	12,923	740,567								2,512,156
Barter Expense		6,497		41,197				33,117			7,740	10,520	10,221				5,365		9,484	5,891	805	83,544								214,381
Total Operating Expenses		591,612		539,179		815		1,240,223	815		824,659	858,992	850,407		815		948,068		705,330	758,132	41,113	2,925,811		513,730						10,799,700

Net Operating Income		292,859		705,970		(815)		732,583	(815)		195,645	660,381	320,872		(815)		385,765		564,174	720,859	106,367	(36,510)		(256,320)						4,390,199
Operating Margin		33.1%		56.7%		0.0%		37.1%	0.0%		19.2%	43.5%	27.4%		0.0%		28.9%		44.4%	48.7%	72.1%	-1.3%		-99.6%		0.0%		0.0%	0.0%	28.9%

Corporate Expense																										576,435				576,435
Non-Cash Compensation Paid in Common Stock																										(96,748	)			(96,748	)

Income Before Deprec. & Taxes		292,859		705,970		(815	)	732,583	(815	)	195,645	660,381	320,872		(815	)	385,765		564,174	720,859	106,367	(36,510	)	(256,320	)	(479,687	)			3,910,511

Deprec. & Amort. of Property & Equipment		64,888		80,480				98,243			56,776	94,856	76,170				79,730		47,949	90,423	14,634	134,095		2,434		39,285				879,961
Amort of Broadcast License & Other Intang.		28,800				20,803			29,201		16,988	1,013	295						92,978	55,271	1,430			277		135,808				382,863
Interest (Income)																										(967	)			(967	)
Interest Expense - Cash																										1,411,512				1,411,512
Other (Income)/Expense	2)	(351,982	)	(66,961	)	(457,000	)	465,000	(465,000	)	4,675		260,000		(260,000	)			23,284	1,997		(2,732	)	2,188		(2,697	)			(849,228	)
Income Tax		22,300		6,900									(315	)												(39	)			28,846
Total Non-Operating Expenses		(235,995	)	20,419		(436,197	)	563,243	(435,799	)	78,439	95,869	336,150		(260,000	)	79,730		164,212	147,691	16,064	131,363		4,899		1,582,901				1,852,988

Reorganization Costs	3)	1,127		1,248				5,599			1,396						(940	)		811	295					3,316,558				3,326,095

Net Income/(Loss)		$527,726		$684,303		$435,382		$163,741	$434,984		$115,810	$564,512	($15,279	)	$259,185		$306,975		$399,962	$572,356	$90,009	($167,873	)	($261,219	)	($5,379,147	)	$0	$0	($1,268,572	)


Notes:	1)	Income Statement excludes debtors that do not have any income statement activity (inactive): 10664; 10666; 10669; 10649; 10653; 10657; 10658; 10659; 10668; 15606; 15607.
	2)	Other (Income) / Expense includes a gain of approximately $876,000 at two of the Company’s stations relating to the Sprint/Nextel swap arrangement that took place during November. The gain reflects the fair market value of the assets received from Sprint/Nextel and the accounting treatment has been reviewed by YBI auditors.
	3)	Included in Reorganization Costs for the month ended December 31, 2009 were $3.3 million paid at YB Corp (10645). These expenses are currently not allocated to other debtors, but YB Corp. reserves the right to do so. Additionally, for the month of December there were approximately $10,000 of restructuring charges relating to public notification in local newspapers which was recorded as Reorganization Expense.
	4)	December 2009 MOR is preliminary and subject to year-end book close adjustments. Any material adjustments will be filed in a revised December 2009 MOR.

YOUNG BROADCASTING INC.
Consolidating Balance Sheet
December 2009	1	)
Case #			09-10671	09-10661	09-10651	09-10653	09-10649	09-10665	09-10656	09-10659	09-10673	09-10672	09-10652
			WLNS	KLFY	KLFYLP	LAT	WTVO	WKRN	WKRNGP	YBT	WTEN	WRIC	WATE
ASSETS
Cash			($94,847)	($79,830)	$0	$0	$0	($9,863)	$0	$0	$8,411	($44,840)	($25,415)
Accounts Receivable			2,141,229	2,248,377				5,286,687			2,180,132	3,751,300	2,862,082
Interest Receivable-Subsidiaries
Program License Rights -S/T			314,304	205,027				897,248			739,645	1,071,621	770,764
Prepaid Expenses			273,037	44,187				59,961			78,033	35,176	62,018
Total current assets			2,633,722	2,417,761				6,234,033			3,006,221	4,813,256	3,669,449

Property & Equipment			22,481,586	19,677,760				25,731,750			17,292,467	27,930,382	20,091,165
Accumulated Depreciation			(18,492,585)	(16,704,620)				(19,697,561)			(14,621,780)	(21,909,942)	(15,136,698)
Net property and equipment			3,989,001	2,973,140				6,034,189			2,670,686	6,020,440	4,954,467

Program License Rights-L/T
Deposits			5,275	27,703				124,144			224,363	63,532	18,000
Notes Receivable Subsidiaries
Investments											528,036
Goodwill			294,329		14,425,250							97,587	9,331
Accumulated Amortization - Goodwill			(294,330)		(6,592,586)							(17,484)	(9,331)
Accumulated Amortization - Indefinitely Lived IA			(4,516,577)	(118,854)	(612,608)			(144,809)	(2,234,115)		(1,968,693)	(5,023,645)	(85,928)
Going Concern				350,000				463,389			2,916,396	479,600
FCC/Broadcast Licenses			10,712,060		1,804,000				7,149,168		3,556,017	27,559,349
Accum Amort - Definite Lived Intangible Assets			(8,079,826)		(5,137,744)			(208,027)	(5,982,017)		(3,451,958)	(172,884)	(47,049)
Organizational Costs			2,406									486,667
Intangibles			1,649,600					208,027					141,759
Network Affiliation			11,106,203		9,381,428				11,938,965		6,917,548
Accumulated Amortization - Deferred Charges
Debt Issuance Costs
Pre-Petition Intercompany			(1,034,872)	(1,483,461)	2,117,561	66,667		(1,057,489)	2,417,879	55,556	746,543	2,338,081	(1,695,076)
Post-Petition Intercompany			763,504	1,118,780	4,562,410			(1,001,374)	2,282,571	2,483,464	2,145,989	4,019,826	(1,842,417)
Total non-current assets			10,607,772	(105,832)	19,947,711	66,667		(1,616,138)	15,572,451	2,539,020	11,614,241	29,830,628	(3,510,711)

Total Assets			$17,230,495	$5,285,069	$19,947,711	$66,667	$0	$10,652,084	$15,572,451	$2,539,020	$17,291,148	$40,664,324	$5,113,206


Liabilities not subject to Compromise
Accounts Payable			164,670	214,920				240,546			121,338	233,939	198,952
Accrued Expenses			262,469	228,288			804	342,139			202,338	216,329	185,038
Program License Liability			277,591	172,119				811,723			682,131	987,461	689,000
Deferred Revenue			455,176	416,078				117,669			25,238	66,037	23,918
Total Liabilities not subject to Compromise			1,159,906	1,031,405			804	1,512,076			1,031,044	1,503,765	1,096,908

Liabilities subject to Compromise
Accounts Payable			246,696	268,980				337,122			251,584	294,624	341,413
Program License Liabilities Subject to Compromise			109,652	57,418				180,722			227,525	503,346	310,374
Pre-Petition Accrued Interest	2	)	648,117	4,515,190	134,169						170,198	134,635	380,946
Post-Petition Accrued Interest	3	)
Notes Payable - Senior bank L/T
Notes Payable - Senior sub-debt
Premiums on Subordinated Debt
Notes Payable Parent			36,783,094	29,157,765	33,334,012				8,685,836		31,899,172	51,150,000	16,777,582
Deferred Tax Liability
Other Liabilities
Total Liabilities subject to Compromise			37,787,559	33,999,352	33,468,182			517,844	8,685,836		32,548,479	52,082,605	17,810,314

Common Stock			1,934	518			50,199	1,421
Additional Paid In Capital			13,367,122	21,748,476	(16,792,480)	66,667	8,054,984	38,959,296	(2,636,044)	2,539,020	(6,105,135)	(15,523,638)	11,097,732
Other Income
Retained Earnings			(35,086,026)	(51,494,683)	3,272,009		(8,105,988)	(30,338,553)	9,522,659		(10,183,241)	2,601,592	(24,891,748)
Stockholders’ Equity			(21,716,970)	(29,745,689)	(13,520,471)	66,667	(804)	8,622,164	6,886,615	2,539,020	(16,288,376)	(12,922,046)	(13,794,016)

Total Liabilities & Equity			$17,230,495	$5,285,069	$19,947,711	$66,667	($0)	$10,652,084	$15,572,451	$2,539,020	$17,291,148	$40,664,324	$5,113,206

See Attached Notes

YOUNG BROADCASTING INC.
Consolidating Balance Sheet
December 2009	1	)
Case #			09-10655	09-10658	09-10650	09-10648	09-10662	09-10670	09-10660	09-10663	09-10664	09-10657	09-10666
			WATEGP	YBK	WBAY	KWQC	KELO	KCLO	KRON	AYI	HBF	KCAL	Fidelity
ASSETS
Cash			$0	$0	($9,803)	($110,245)	($89,851)	$100	($39,798)	($24,729)	$0
Accounts Receivable				55,556	2,878,490	2,651,588	2,894,060	257,874	5,861,758	156,043
Interest Receivable-Subsidiaries
Program License Rights -S/T					256,056	657,492	322,928	15,036	3,691,290
Prepaid Expenses					129,176	89,693	132,116	872	277,763	17,169
Total current assets				55,556	3,253,919	3,288,529	3,259,253	273,882	9,791,013	148,483

Property & Equipment					27,596,575	18,391,937	34,592,606	3,884,789	44,300,310	1,068,583
Accumulated Depreciation					(21,563,229)	(15,049,812)	(30,468,106)	(3,341,621)	(31,906,549)	(1,030,803)
Net property and equipment					6,033,346	3,342,125	4,124,500	543,168	12,393,760	37,780

Program License Rights-L/T									1,579,920
Deposits					54,450	600	19,225	4,856	116,538	10,263
Notes Receivable Subsidiaries
Investments						(41,179)	659,591		2,167,313	1,954,938
Goodwill					6,453		220,700	15,900
Accumulated Amortization - Goodwill					(6,453)		(30,806)	(2,617)
Accumulated Amortization - Indefinitely Lived IA			(8,075,475)		(3,550,605)	(1,753,766)	(831,109)	(17,169)	(30,346,900)
Going Concern
FCC/Broadcast Licenses			19,321,618		19,531,432	10,402,616	5,954,211	122,999	98,543,976
Accum Amort - Definite Lived Intangible Assets						(13,261,755)	(7,995,676)	(202,836)	(8,591,604)	(120,921)
Organizational Costs									8,591,604	122,430
Intangibles						236,342
Network Affiliation						32,053,766	19,271,111	494,575
Accumulated Amortization - Deferred Charges
Debt Issuance Costs
Pre-Petition Intercompany			(10,595)	55,556	3,840,512	1,247,881	3,140,865	1,163,813	(14,075,078)	(2,521,485)
Post-Petition Intercompany			2,856,035		3,468,782	4,141,572	6,219,878	751,604	(3,274,186)	(2,018,685)
Total non-current assets			14,091,583	55,556	23,344,569	33,026,077	26,627,991	2,331,125	54,711,584	(2,573,460)

Total Assets			$14,091,583	$111,112	$32,631,834	$39,656,730	$34,011,744	$3,148,176	$76,896,358	($2,387,197)	$0

Liabilities not subject to Compromise
Accounts Payable				55,556	403,011	229,098	97,434	6,440	1,047,188	9,385
Accrued Expenses					346,083	136,985	386,456	65,711	5,908,994	152,794
Program License Liability					213,133	593,723	275,800	8,596	4,471,268
Deferred Revenue					515,808	833,125	801,000	2,746	81,912
Total Liabilities not subject to Compromise				55,556	1,478,036	1,792,931	1,560,690	83,493	11,509,362	162,179

Liabilities subject to Compromise
Accounts Payable					327,372	388,643	420,393		1,880,151	59,330
Program License Liabilities Subject to Compromise					187,332	219,075	91,318		1,526,594
Pre-Petition Accrued Interest	2	)	10,558,927		(98,884)	110,812	47,008		533,712,582
Post-Petition Accrued Interest	3	)
Notes Payable - Senior bank L/T
Notes Payable - Senior sub-debt
Premiums on Subordinated Debt
Notes Payable Parent			44,572,418		37,500,000	57,173,000	51,281,308		754,538,111
Deferred Tax Liability
Other Liabilities
Total Liabilities subject to Compromise			55,131,345		37,915,819	57,891,531	51,840,027		1,291,657,438	59,330

Common Stock
Additional Paid In Capital			759,231	55,556	(14,463,985)	(8,008,884)			90,324,210	10,434,004	1,971,300
Other Income									(5,434,588)
Retained Earnings			(41,798,993)		7,701,964	(12,018,847)	(19,388,973)	3,064,682	(1,311,160,065)	(13,042,711)	(1,971,300)
Stockholders’ Equity			(41,039,762)	55,556	(6,762,021)	(20,027,731)	(19,388,973)	3,064,682	(1,226,270,442)	(2,608,706)

Total Liabilities & Equity			$14,091,583	$111,112	$32,631,834	$39,656,730	$34,011,744	$3,148,176	$76,896,358	($2,387,197)

See Attached Notes

YOUNG BROADCASTING INC.

Consolidating Balance Sheet

December 2009	1)
Case #		09-10668	09-10645	09-15606	09-15607
		YBSAS	CORP	YBCC	YCI	Sub-Total	Elimination	Consolidated
ASSETS
Cash		$0	$20,484,825	$0		$19,964,114		$19,964,114
Accounts Receivable			18,336			33,243,513		33,243,513
Interest Receivable-Subsidiaries			550,313,700			550,313,700	(550,313,700)
Program License Rights -S/T						8,941,411		8,941,411
Prepaid Expenses		5,954	2,374,300			3,579,455		3,579,455
Total current assets		5,954	573,191,161			616,042,192	(550,313,700)	65,728,493

Property & Equipment		274,002	6,778,121			270,092,031		270,092,031
Accumulated Depreciation		(30,609)	(5,941,864)			(215,895,779)		(215,895,779)
Net property and equipment		243,393	836,257			54,196,252		54,196,252

Program License Rights-L/T						1,579,920		1,579,920
Deposits		8,000	730,032			1,406,982		1,406,982
Notes Receivable Subsidiaries			1,034,360,859	118,491,439		1,152,852,298	(1,152,852,298)
Investments						5,268,698	(1,954,938)	3,313,760
Goodwill						15,069,550		15,069,550
Accumulated Amortization - Goodwill						(6,953,607)		(6,953,607)
Accumulated Amortization - Indefinitely Lived IA						(59,280,253)		(59,280,253)
Going Concern						4,209,385		4,209,385
FCC/Broadcast Licenses						204,657,446		204,657,446
Accum Amort - Definite Lived Intangible Assets						(53,252,298)		(53,252,298)
Organizational Costs						9,203,108		9,203,108
Intangibles						2,235,728		2,235,728
Network Affiliation						91,163,596		91,163,596
Accumulated Amortization - Deferred Charges			(8,795,882)			(8,795,882)		(8,795,882)
Debt Issuance Costs			13,955,285			13,955,285		13,955,285
Pre-Petition Intercompany		(256,392)	166,749,014	(16,879,553)		144,925,929	(144,925,929)	()
Post-Petition Intercompany		11,549	(26,689,301)
Total non-current assets		(236,843)	1,180,310,007	101,611,886		1,518,245,885	(1,299,733,165)	218,512,720

YOUNG BROADCASTING INC /DE/ 8-K