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Young would expand its station roster with the 1994 purchase of three stations – [[WATE-TV]]/[[Knoxville, Tennessee]]; [[WRIC-TV]]/[[Richmond, Virginia]] and [[WBAY-TV]]/[[Green Bay, Wisconsin]], from [[Nationwide Communications]]. [[Los Angeles]] [[Independent station (North America)|independent]] [[KCAL-TV]] was purchased from [[The Walt Disney Company]] in 1996 and later sold to [[Viacom (original)|Viacom]] in 2002. Also in 1996, Young purchased [[KWQC-TV]]/[[Davenport, Iowa]] from Broad Street Television, L.P., and [[KELO-TV]]/[[Sioux Falls, South Dakota]] from Midcontinent Media, Inc.
In 2000, Young Broadcasting purchased [[NBC]] affiliate [[KRON-TV]]/[[San Francisco|San Francisco, California]] from [[Chronicle Publishing Company]] (the purchase also included a 51% stake in the station's local cable news channel [[BayTV]], which would be shut down in 2001). Fortunes for KRON and its new owners would soon take a sharp decline when NBC chose to affiliate with (and eventually purchase) San Jose-based [[KNTV]] and attempted to impose O&O-esque operations and control of the station's schedule upon Young to retain the affiliation, which Young refused. KRON became an [[Independent station (North America)|independent station]] in 2002 and eventually took affiliation with [[MyNetworkTV]] in 2006.
The company voluntarily declared [[Chapter 11, Title 11, United States Code|Chapter 11]] [[bankruptcy]] on February 13, 2009 with the U.S. Bankruptcy Court for the Southern District of New York.<ref>http://www.chron.com/disp/story.mpl/ap/business/6262997.html</ref><ref>[http://www.televisionbroadcast.com/article/75584 "Young Files for Chapter 11"], from televisionbroadcast.com, posted 3/4/2009</ref> The massive debt load Young incurred from its purchase and ownership of KRON was widely believed to have been a contributing factor to the company's 2009 [[bankruptcy]] declaration.<ref>[http://www.broadcastingcable.com/article/314791-Young_Eyes_Watershed_Sale_at_Stations_Auction.php "Young Eyes Watershed Sale at Stations Auction"], from ''Broadcasting & Cable'', 7/13/2009</ref>
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