Young 'suicidal'?(Young Broadcasting's decision to forgo the NBC affiliation for KRON-TV San Francisco)(Brief Article)

Broadcasting & Cable, February, 2000

USA Networks Chief Barry Diller says Young Broadcasting's decision to forgo the NBC affiliation for KRON-TV San Francisco was "suicidal." According to analysts who met with USA executives in New York, Duller said Young should have tried to secure an agreement in principle on a new affiliation contract with the network before striking a deal to buy the station, which now will go independent at the end of 2001.

However, striking such an agreement would have been awkward at best--NBC was also bidding for KRON-TV, which went for $823 million.