Affiliation Agreement Extension Letter between NBC Universal, Inc. and Young Broadcasting, Inc. (KWQC-TV)
NBC Universal, Inc. and Young Broadcasting, Inc. (KWQC-TV) agree to extend their existing Affiliation Agreement until December 31, 2004, while they negotiate a new agreement. During this extension, NBC is not required to pay any compensation or promotional reimbursement to the station. If a new agreement is signed by December 31, 2004, it will replace the current agreement as of November 1, 2004. Both parties have signed to confirm their acceptance of these terms.
Exhibit 10.10
[NBC Letterhead]
October 26, 2004
Young Broadcasting, Inc. (as Licensee)
Davenport, Iowa
Re: KWQC-TV, Davenport, Iowa
Reference is made to the Affiliation Agreement, dated February 3, 1995, between Broad Street Television L.P. (as predecessor-in-interest to Licensee) and NBC (the “Affiliation Agreement”) and the notice of cancellation, dated September 17, 2003, of the KWQC-TV Affiliation Agreement.
NBC will agree to extend the term of the Affiliation Agreement through December 31, 2004, while a new agreement is negotiated; provided that NBC shall have no obligation to pay Licensee or Station any amount of money in connection with the Station’s affiliation (such as compensation or contractual promotion reimbursement) as of the date hereof. The parties agree that in the event a new affiliation agreement is signed on or prior to December 31, 2004, such new agreement will supercede the Affiliation Agreement as of November 1, 2004.
If you are in agreement with the above, please indicate your acceptance by signing in the space provided below, and return two original to us.
Very truly yours,
NBC Universal, Inc.
| By: | /s/ John Damiano |
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| John Damiano | |
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| Executive Vice President, Affiliate Relations | |
ACCEPTED AND AGREED:
YOUNG BROADCASTING, INC.
| By: | /s/ Deborah A. McDermott |
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| Name: Deborah A. McDermott | |
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| Title: President | |
