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Young calls off auction

July 14, 2009 by Veronica Villafañe

Young Broadcasting, which this morning had been slated to auction off its 10 stations, including San Francisco’s KRON-4, has pulled out of the auction. B&C reports that in its Cancellation of Auction notice to the U.S. Bankruptcy Court, it declared the auction is no longer necessary.

It is speculated that none of the bids met the minimum requirement.

Filed Under: People

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Veronica Villafañe, Editor & Publisher

Emmy award-winning journalist and former president of the National Association of Hispanic Journalists (NAHJ). Most recently, a reporter for Voice of America, she has worked as an on-air reporter, anchor, writer and producer for Spanish and English-language TV, print and online media, including Univision, Telemundo, Fox 11 News in L.A. and the San Jose Mercury News.

She is also a Hispanic media and entertainment contributor to Forbes.

Full bio here
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