UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, DC 20549

FORM 8-K

CURRENT REPORT PURSUANT

TO SECTION 13 OR 15(d) OF THE

SECURITIES EXCHANGE ACT OF 1934

Date of report (Date of earliest event reported): ~~March 17~~May 26, 2010

YOUNG BROADCASTING INC.

(Exact Name of Registrant as Specified in Its Charter)

Delaware

(State or Other Jurisdiction of Incorporation)

0-25042		13-3339681
(Commission File Number)		(IRS Employer Identification No.)

599 Lexington Avenue
New York, New York		10022
(Address of Principal Executive Offices)		(Zip Code)

(212) 754-7070

(Registrant’s Telephone Number, Including Area Code)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 47.01. ~~Changes~~Regulation inFD ~~Registrant’s Certifying Accountant~~Disclosure.

OnAs previously ~~April~~disclosed, on February 2813, ~~2010~~2009, ~~upon~~Young ~~approval~~Broadcasting ofInc. and its subsidiaries (the ~~United~~“Company”) ~~States~~filed ~~Bankruptcy~~a ~~Court~~voluntary petition for ~~the~~relief ~~Southern~~under Chapter ~~District~~11 of ~~New~~the ~~York,~~United ~~Young Broadcasting~~States ~~Inc.~~Bankruptcy ~~(the~~Code ~~“Company”)~~in ~~dismissed~~the ~~Ernst &~~United ~~Young~~States ~~LLP~~Bankruptcy ~~(“E&Y”)~~Court asfor ~~its~~the ~~independent~~Southern ~~registered~~District ~~public~~of ~~accounting~~New ~~firm~~York. ~~The~~ On ~~Company’s~~May ~~Audit~~26, ~~Committee~~2010, ~~and~~the ~~Board~~Company ~~of Directors~~filed ~~participated~~its inmonthly ~~and~~operating ~~approved~~report for the month ~~decision~~ended onApril ~~March 17~~30, 2010 ~~to change~~(the ~~its~~“Operating ~~independent~~Report”) ~~registered~~with ~~public accounting firm subject to~~ the ~~approval~~ ~~of the~~ United States Bankruptcy Court for the Southern District of New York. The Operating Report is attached hereto as Exhibit 99.1 and is furnished pursuant to this Item 7.01.

~~E&Y’s~~The Operating ~~audit~~Report ~~reports on~~is ~~the~~limited ~~Company’s~~in ~~consolidated~~scope, ~~financial~~covers ~~statements~~a limited time period and has been prepared solely for the ~~fiscal~~purpose ~~years~~of ~~ended~~complying with reporting requirements of the ~~December 31,~~Bankruptcy ~~2008~~Court and ~~December 31~~the Bankruptcy Code, ~~2007~~11 ~~did~~U.S.C. ~~not~~§§ ~~contain~~101-1532 an(the ~~adverse~~“Bankruptcy ~~opinion~~Code”). orThe ~~disclaimer~~financial ofinformation ~~opinion,~~contained ~~nor~~in ~~were~~the ~~they~~Operating ~~qualified~~Report oris preliminary ~~modified~~and asunaudited and does not purport to show the financial statements ~~uncertainty,~~of ~~audit~~the ~~scope~~Company orin accordance with accounting principles. ~~E&Y~~generally ~~did~~accepted in the United States of America (“GAAP”) and, ~~however~~therefore, ~~note in~~may ~~its~~exclude ~~report~~items required onby ~~the~~GAAP, ~~consolidated~~such ~~financial~~as ~~statements~~certain ~~for~~reclassifications, ~~the~~eliminations, ~~fiscal~~accruals ~~year~~and ~~ended~~disclosure ~~December 31,~~items. ~~2008~~The ~~that~~Company ~~the~~cautions ~~financial~~readers ~~statements~~not ~~were~~to ~~prepared assuming~~place ~~that~~undue reliance on the ~~Company~~Operating ~~would~~Report. ~~continue~~The asOperating aReport ~~going~~may ~~concern~~be ~~and~~subject ~~that~~to revision. The ~~uncertainties~~Operating ~~inherent~~Report is in a format required by the ~~bankruptcy~~Bankruptcy ~~process~~Court ~~raise~~and ~~substantial~~the Bankruptcy ~~doubt~~Code ~~about~~and should not be used for investment purposes. The information in the ~~Company’s~~Operating ~~ability~~Report toshould ~~continue~~not be viewed as aindicative ~~going~~of ~~concern~~future results.

~~During~~Limitation ~~the years ended December 31, 2008 and 2007, and through April 28, 2010, there were no disagreements with E&Y~~ on ~~any~~Incorporation ~~matters~~by of accounting principles or practices, financial statement disclosure, or auditing scope or procedures, which disagreements, if not resolved to E&Y’s satisfaction, would have caused E&Y to make reference to the matter in their reports.Reference

The ~~Company~~Operating ~~has~~Report ~~requested~~is ~~E&Y~~being tofurnished ~~furnish~~for itinformational purposes only and shall not be deemed “filed” for purposes of Section 18 of the Securities aExchange ~~letter~~Act ~~addressed~~of 1934, as amended, or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended. Registration statements or other documents filed with the U.S. Securities and Exchange Commission (~~the~~ “~~Commission~~SEC”) ~~stating~~shall not ~~whether~~incorporate itthe ~~agrees~~Operating ~~with~~Report ~~the~~or ~~above~~any ~~statements. A~~other ~~copy of~~information ~~that~~set ~~letter~~forth ~~dated~~in ~~May~~this Current Report on Form 7,8-K ~~2010~~by isreference, ~~filed~~except as ~~Exhibit 16~~otherwise ~~to this~~expressly stated in such filing. This Current Report on Form 8-K will not be deemed an admission as to the materiality of any information in the report that is disclosed.

In addition, on March 17, 2010, but subject to the approval of the United States Bankruptcy Court for the Southern District of New York which was received on April 28, 2010, the Audit Committee appointed PricewaterhouseCoopers LLP (“PWC”) as the Company’s independent registered public accounting firm (auditors) for the fiscal year ending December 31, 2009. Except as described below, during the years ended December 31, 2008 and 2007, and through March 17, 2010, neither the Company nor anyone acting on the Company’s behalf consulted PWC regarding the application of accounting principles to a specific completed or contemplated transaction, or the type of audit opinion that might be rendered on the Company’s financial statements, and no written or oral advice was provided that was an important factor considered by the Company in reaching a decision as to any accounting, auditing or financial reporting issues, or any matter that was either the subject of a disagreement (as defined in Item ~~304(a)(1)(iv) of Regulation S-K and the related instructions) or a reportable event (as defined in Item 304(a)(1)(v) of Regulation S-K)~~9. ~~During the years ended December 31, 2008 and 2007, and through March 17, 2010, the Company engaged PWC to provide certain tax services~~01. ~~The~~ ~~Audit~~Financial ~~Committee~~Statements ~~reviewed the nature of these services~~ and ~~determined they would not impair PWC’s independence with respect to the December 31, 2009 audit~~Exhibits.

~~Item 9.01: Financial Statements and~~ (d) Exhibits

~~(d) Exhibits:~~99.1 Monthly operating report for the month ended April 30, 2010.

~~16.1 Letter from Ernst & Young LLP, dated~~Forward-looking ~~May 7, 2010 to the Securities and Exchange Commission.~~statements

2Any statements in this Current Report on Form 8-K that are not historical facts are forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended. Readers are advised that such forward-looking statements are subject to risks and uncertainties that could significantly affect actual results from those expressed in any such statements. Readers are directed to the Company’s Annual Report on Form 10-K for the year ended December 31, 2008 for a discussion of such risks and uncertainties. Such risks and uncertainties include, among other things, the Company’s ability to successfully implement a restructuring plan under Chapter 11; any potential negative impact on the Company’s operations, financial position and

~~SIGNATURES~~2

~~Pursuant~~relationships with employees, advertisers, viewers and vendors resulting from the Chapter 11 proceedings; the Company’s ability to meet its liquidity needs; the ~~requirements~~impact of changes in national and regional economies; pricing fluctuations in local and national advertising; volatility in programming costs; and geopolitical factors. Statements included in this Current Report on Form 8-K are based upon information known to the ~~Securities~~Company ~~Exchange~~as ~~Act~~of the date of ~~1934~~this Current Report on Form 8-K, and the ~~registrant~~Company ~~has~~assumes ~~duly~~no ~~caused~~obligation ~~this~~to ~~report~~update toor berevise ~~signed~~the forward-looking statements contained in this Current Report on ~~its~~Form 8-K, ~~behalf~~except as otherwise required by ~~the undersigned~~applicable ~~hereunto~~federal ~~duly~~securities ~~authorized~~laws.

May 7, 2010	YOUNG BROADCASTING INC.
	/s/ James A. Morgan
	James A. Morgan
	Executive Vice President

3SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

May 28, 2010	YOUNG BROADCASTING INC.


	/s/ James A. Morgan
	James A. Morgan
	Executive Vice President

EXHIBIT INDEX

Exhibit No.		Description
99.1		Monthly operating report for the month ended April 30, 2010.

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