McDermott named CEO of News2 parent
Former station GM has been president of holding company since '04
Jan 9, 2013 12:35 PM
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Hedge fund looks to take control of News2 parent
A New York hedge fund has filed papers with the Securities and Exchange Commission asking to convert stock warrants it holds in New Young Broadcasting, the post-bankruptcy parent of Nashville's ABC affiliate, WKRN News2. The planned move by Standard General would give it more than 50 percent of New Young, which owns stations in 11 cities around the country.
Aug 21, 2012 2:21 PM
Young Broadcasting promotes exec, moves him to Nashville
Television station operator Young Broadcasting, which owns WKRN News2 and is run by that station's former GM Deb McDermott, has promoted Bob Peterson to vice president of station operations and relocated him to Nashville. Peterson had been Young's VP of business development and GM of its station in Richmond, Va.
Jul 31, 2012 7:25 AM
Young Broadcasting president joins Nashville Bank & Trust board
Investors re-elect sitting directors
May 19, 2011 1:43 PM
Four more markets for Country Network
The Country Network has secured a retransmission agreement with Young Broadcasting, the parent of WKRN News 2 and a host of other stations, that will have the fledgling broadcaster hit the waves in San Francisco, Knoxville, Richmond and Lansing in the coming months.Deb McDermott, President of Young Broadcasting LLC, stated “We have been reviewing numerous networks for our digital sub channels, and with the popularity of country music we believe that TCN presents not only the most attractive programming for our viewers, but the best revenue opportunity for us as well.”
Nov 23, 2010 7:34 AM
WKRN GM signs off
Gwen Kinsey, who has for three and a half years run Nashville's WKRN News 2 and a Knoxville sister station for Young Broadcasting, will put in her last day there today. After that, she'll focus on her newly launched consulting and executive coaching business.“It seemed like it was as good a time as any,” Kinsey said today. “It seemed like now was a good time to step off the merry-go-round and focus on what I’ve been interested in in the last couple of years.”In all, Kinsey spent 17 years with Young, which emerged from bankruptcy protection in June, Before that, she was with Heart Argyle and LIN Television.
Sep 3, 2010 8:02 AM
News2 parent out of bankruptcy
Young Broadcasting is now owned by its former lenders and is lighter by $800 million of debt. Jun 25, 2010 8:31 AM
Eight months later, new managers ready to take over at News 2
Trade pub Broadcasting & Cable updates the saga of Young Broadcasting, the parent of WKRN News 2. The company last summer agreed to transfer the management of a number of its stations to Atlanta-based Gray Television, but that move got tangled up in bankruptcy-related wrangling. Now — despite some apparent friction between the two management teams — Gray's people are ready to take over. Apr 28, 2010 7:17 AM
News 2 getting new management company
Atlanta-based Gray Television has reached a deal with creditors of bankrupt Young Broadcasting to take over the management of seven of the latter's TV stations, including News 2. Gray (Ticker: GTN) runs more than 30 stations around the country, including stations in Knoxville and Bowling Green. Young President Deb McDermott, who ran News 2 before moving up the ladder, is getting a new contract. SEE ALSO: What Kleinheider dug up Jul 22, 2009 5:34 PM
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