TABLE OF CONTENTS  Television Broadcasting  2 Forward-Looking Statements  5 Selected Financial Data  6 Management’s Discussion and Analysis of Financial Condition and Results of Operations  7 Quantitative and Qualitative Disclosures about Market Risk  23 Controls and Procedures  23 Consolidated Balance Sheets  25 Consolidated Statements of Operations  26 Consolidated Statements of Equity (Deficit)  27 Consolidated Statements of Comprehensive Income (Loss)  30 Consolidated Statements of Cash Flows  31 Notes to the Consolidated Financial Statements  32 Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of  Equity Securities  70 Reports of Independent Registered Public Accounting Firms:  Consolidated Financial Statements  72  Group Managers / General Managers  74