LA operator of three Youngstown TV stations files for bankruptcy
A California company that controls three Youngstown television stations says operations won’t change even though it has filed for bankruptcy.
New Vision Television of Los Angeles said it reached a restructuring agreement with its major lenders before filing for bankruptcy protection in a Delaware court Monday.
Locally, the company owns WKBN-TV and WYFX and operates WYTV under an agreement its Los Angeles-based owner.
For more information, see Wednesday’s Vindicator or www.vindy.com.
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