for national sales and will establish a dedicated Young Broadcasting sales team based in New York, Los Angeles and Chicago. Adam Young Inc., Young's previous rep firm, ceased operations in February 2011 after Cox was brought on board. In January 2012, Young signed an affiliation agreement with The Walt Disney Company's Live Well Network for eight of its stations to carry the digital multicast channel (WKRN-TV, WRIC-TV, WTEN, WATE-TV, WBAY-TV, WLNS-TV and KLFY). On August 20, 2012, Standard General filed an application with the Federal Communications Commission to receive approval to increase the New York City-based hedge fund's ownership stake in Young Broadcasting from 36.34% to a controlling stake of 50.03%. On June 6, 2013, Young announced that it would sell itself to Media General, in a transaction described as a "reverse merger". The enlarged Media General would own 30 stations, reaching 14% of the United States. On November 8, the FCC approved the merger. The merger closed on November 12. Media General would then be absorbed to Nexstar Media Group in 2017. President and CEO Deborah A. McDermott would later become the CEO of Standard Media in 2018. Former Young-owned stations Stations are arranged in alphabetical order by state and city of license. (**) indicates a station that was owned by Backe Communications before it was sold to Young in 1986. (++) indicates a station that was owned by Knight Ridder Broadcasting before it was sold to Young in 1989. (##) indicates a station that was owned by Nationwide Communications before it was sold to Young in 1994. Notes: 1 Owned by Shield Media, Young operated these stations through shared services agreements. 2 Owned by Venture Technologies Group, Young operated WHTV through a shared services agreement with WLNS. References Mass media companies established in 1986 Mass media companies disestablished in 2013 Defunct broadcasting companies of the United States Companies that filed for Chapter 11 bankruptcy in 2009 1986 establishments in New York (state) 2013 disestablishments in Tennessee 2013 mergers and acquisitions Nexstar Media Group