Extension Agreement for Primary Television Affiliate Agreements between ABC and Young Broadcasting, Inc.

Summary

This agreement is between American Broadcasting Companies, Inc. (ABC) and Young Broadcasting, Inc. It extends the expiration date of existing television affiliate agreements for five stations from September 30, 2004, to October 22, 2004. The extension is conditional on Young Broadcasting continuing to air the weekend edition of Good Morning America during this period. Any new compensation terms agreed upon will be retroactive to October 1, 2004, and all other terms of the original agreements remain unchanged.

EX-10.8 9 a04-12424_1ex10d8.htm EX-10.8

Exhibit 10.8

 

ABC TV Network

John L. Rouse

Senior Vice President

Affiliate Relations

 

September 30, 2004

 

Ms. Deb McDermott

President

Young Broadcasting, Inc.

441 Murfreesboro Road

Nashville, TN  37210

 

Re:  Primary Television Affiliate Agreements (the “Agreements”) between WKRN, WATE, WBAY, WRIC, WTEN and American Broadcasting Companies, Inc.

 

Dear Deb:

 

As you are aware, the Agreements for WKRN, WATE, WBAY, WRIC and WTEN will expire by their own terms on September 30, 2004.  Despite our best efforts to come to terms for new affiliation agreements with you to become effective after this date, we have failed to reach agreement.

 

Notwithstanding the termination of the Agreements, ABC is willing to continue its affiliation arrangements with you after September 30, 2004 and hereby agrees to extend the termination date for each of the Agreements until October 22, 2004.  This offer to extend the Agreements is conditioned upon your agreement to continue to clear the weekend edition of Good Morning America on an interim basis during this extended term.  Also, we are agreed that the compensation arrangements that we establish for these stations in the new agreements will be retroactive to October 1, 2004.  All other terms of the Agreements shall remain unchanged.

 

If you are in agreement with the foregoing, please promptly sign the enclosed extra copy of this letter and return it to me at your earliest convenience, at which time the Agreements shall be so amended and extended.

 

We look forward to continuing to work with you to reach a mutually acceptable affiliation agreement.

 

Very truly yours,

/s/    John L. Rouse

 

John L. Rouse

 

The foregoing is hereby acknowledged and agreed:

YOUNG BROADCASTING, INC.

 

By:

/s/    Deborah A. McDermott

 

 

Title: President

 

Date: 10/1/04