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| | Granite Broadcasting Corporation Announces Intention to Market its San Francisco and Detroit Stations |
 | | NEW YORK, Feb. 15 - Granite Broadcasting Corporation (OTC Bulletin Board: GBTVK) announced today amendments to each of its agreements with wholly-owned subsidiaries of AM Media Holdings, LLC, ("AM Media") relating to the sale of Granite's WB-affiliated television stations, KBWB, Channel 20 in San Francisco, California and WDWB, Channel 20 in Detroit, Michigan. |
 | | Commenting on today's announcement, W. Don Cornwell, Chief Executive Officer of Granite Broadcasting Corporation, said, "The recent announcement by the WB Network has led AM Media to decide not to proceed forward with the transactions as originally contemplated. |
 | | Granite Broadcasting Corporation owns and operates, or provides programming, sales and other services to 20 channels in the following 8 markets: San Francisco, California; Detroit, Michigan; Buffalo, New York; Fresno, California; Syracuse, New York; Fort Wayne, Indiana; Peoria, Illinois; and Duluth, Minnesota-Superior, Wisconsin. |
| www.lexdon.com /article/Granite_Broadcasting_Corporation_Announces_Intention/34397.html (419 words) |
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