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               SECURITIES AND EXCHANGE COMMISSION

                      WASHINGTON, DC  20549

                            FORM 10-Q

(MARK ONE)
/ X /    QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) 
              OF THE SECURITIES EXCHANGE ACT OF 1934 

             For the quarterly period ended March 31, 1998 
                                            -------------- 

/  /     TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) 
              OF THE SECURITIES EXCHANGE ACT OF 1934 

           For the transition period from        to        

                  Commission file number 1-8411
                  -----------------------------

                     UNITED TELEVISION, INC.
                     -----------------------
     (Exact name of registrant as specified in its charter)

DELAWARE                                 41-0778377
--------                                 ----------
(State or other jurisdiction of         (I.R.S. Employer
incorporation or organization)          Identification No.)

132 S. Rodeo Drive, Fourth Floor, Beverly Hills, CA 90212
---------------------------------------------------------
(Address of principal executive offices)      (Zip Code)

                         (310) 281-4844
                         --------------
      (Registrant's telephone number, including area code)

                         Not Applicable
                         --------------
(Former name, former address and former fiscal year, if changed 
since last report)

Indicate by check mark whether the registrant (1) has filed all 
reports required to be filed by Section 13 or 15(d) of the 
Securities Exchange Act of 1934 during the preceding 12 months 
(or for such shorter period that the registrant was required to 
file such reports) and (2) has been subject to such filing 
requirements for the past 90 days.  Yes X  No   
                                       ---   ---

As of May 13, 1998, there were 9,397,593 shares of the registrant's
common stock outstanding.
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<TABLE>

                    PART I - FINANCIAL INFORMATION
                    ITEM 1.   FINANCIAL STATEMENTS
               UNITED TELEVISION, INC. AND SUBSIDIARIES
                 CONDENSED CONSOLIDATED BALANCE SHEETS
                       (Unaudited - in thousands)
<CAPTION>
                                           March 31,      December 31,
                                             1998             1997
                                         ------------     ------------
<S>                                      <C>              <C>
ASSETS
------
Current Assets:
   Cash and cash equivalents             $    26,320      $    98,075
   Marketable securities                     131,206          124,811
   Accrued interest receivable                 1,594            2,014
   Accounts receivable, net                   29,407           36,913
   Film contract rights                       19,284           24,627
   Deferred tax benefit                        5,348            5,233
   Prepaid expenses and other 
      current assets                           2,576            1,721
                                         -----------      -----------
      Total current assets                   215,735          293,394
                                         -----------      -----------
Marketable Securities, noncurrent             48,671           47,695
                                         -----------      -----------
Other Investments                             17,531           17,531
                                         -----------      -----------
Film Contract Rights, noncurrent               3,662            4,517
                                         -----------      -----------
Property and Equipment, net                   15,172           13,175
                                         -----------      -----------
Intangible Assets, net                        88,333           11,156
                                         -----------      -----------
Other Assets                                     495              518
                                         -----------      -----------
                                         $   389,599      $   387,986
                                         ===========      ===========


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LIABILITIES AND SHAREHOLDERS' INVESTMENT
----------------------------------------
Current Liabilities:
   Film contracts payable                $    24,409      $    26,268
   Accounts payable                            2,848            3,090
   Dividend payable                            4,688                -
   Accrued expenses                           19,482           22,428
   Income taxes payable                       13,336            8,475
                                         -----------      -----------
      Total current liabilities               64,763           60,261
                                         -----------      -----------
Film Contracts Payable after One Year         13,768           16,483
                                         -----------      -----------
Other Liabilities                             10,225           10,502
                                         -----------      -----------
Shareholders' Investment:
   Preferred stock $1.00 par value                 -                -
   Common stock $.10 par value                   945              941
   Additional paid-in capital                  5,640            3,635
   Retained earnings                         285,193          283,271
   Treasury stock, at cost                    (7,010)               -
   Adjustment to reflect marketable
     securities at fair value                 16,075           12,893
                                         -----------      -----------
                                             300,843          300,740
                                         -----------      -----------
                                         $   389,599      $   387,986
                                         ===========      ===========
<FN>
The accompanying notes to condensed consolidated financial statements 
are an integral part of these balance sheets.
</TABLE>


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<TABLE>

              UNITED TELEVISION, INC. AND SUBSIDIARIES
             CONDENSED CONSOLIDATED STATEMENTS OF INCOME
            (Unaudited - in thousands except per share data)
<CAPTION>
                                                        For the Three Months
                                                          Ended March 31,
                                                        ---------------------
                                                          1998         1997
                                                        --------     --------
<S>                                                     <C>          <C>
Net Revenues                                            $ 39,293     $ 38,327
                                                        --------     --------

Expenses:
   Operating                                              15,955       12,925
   Selling, general and administrative                    15,366       13,428
                                                        --------     --------
                                                          31,321       26,353
                                                        --------     --------
      Operating income                                     7,972       11,974

Interest and Other Income                                  2,988        3,066
                                                        --------     --------
      Income before income taxes                          10,960       15,040

Income Tax Provision                                      (4,350)      (5,975)
                                                        --------     --------
      Net income                                           6,610        9,065
                                                        ========     ========

Earnings per Share:
   Basic                                                $    .71     $    .97
   Diluted                                              $    .70     $    .96

Average Number of Common and Common
   Equivalent Shares Outstanding:
   Basic                                                   9,369        9,364
   Diluted                                                 9,422        9,439
<FN>
The accompanying notes to condensed consolidated financial
statements are an integral part of these statements.
</TABLE>


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<TABLE>
                    UNITED TELEVISION, INC. AND SUBSIDIARIES
               CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS
                        (Unaudited - in thousands)
<CAPTION>
                                                            Three Months
                                                           Ended March 31,
                                                         -------------------
                                                           1998       1997
                                                         --------   --------
<S>                                                      <C>        <C>
Cash Flows from Operating Activities:
   Net income                                            $  6,610   $  9,065
   Adjustment to reconcile net income to net
     cash provided from operating activities:
      Film contract payments                               (6,793)    (5,577)
      Film contract amortization                            6,177      4,998
      Depreciation and other amortization                   1,615      1,204
      Gain on dispositions of investments                    (543)      (281)
      Changes in assets and liabilities:
         Accounts receivable                                7,506      7,459
         Prepaid and other assets                           1,828      1,305
         Accounts payable and accrued expenses             (3,188)    (3,158)
         Income taxes payable                               2,414      4,961
                                                         --------   --------
         Net cash provided from
           operating activities                            15,626     19,976
                                                         --------   --------
Cash Flows from Investing Activities:
   Sales of marketable securities                          33,387     29,014
   Purchases of marketable securities                     (34,978)   (11,042)
   Station acquisition:
      Fixed assets                                         (2,568)         -
      Intangibles                                         (77,712)         -
   Capital expenditures                                      (509)      (810)
                                                         --------   --------
         Net cash (used in) provided from
           investing activities                           (82,380)    17,162
                                                         --------   --------
Cash Flows from Financing Activities:
   Proceeds from exercise of employee stock options         2,009      1,776
   Purchases of treasury stock                             (7,010)    (2,430)
                                                         --------   --------
         Net cash used in
           financing activities                            (5,001)      (654)
                                                         --------   --------

Net (Decrease) Increase in Cash and Cash Equivalents      (71,755)    36,484

Cash and Cash Equivalents at Beginning of Period           98,075     21,695
                                                         --------   --------
Cash and Cash Equivalents at End of Period               $ 26,320   $ 58,179
                                                         ========   ========
<FN>
The accompanying notes to condensed consolidated financial statements 
are an integral part of these statements.
</TABLE>


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              UNITED TELEVISION, INC. AND SUBSIDIARIES
       NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS
                         (Unaudited)

1.   PRINCIPLES OF CONSOLIDATION:

     The accompanying condensed consolidated financial statements 
include the accounts of UTV and its subsidiaries after elimination 
of all significant intercompany accounts and transactions.  UTV is 
a majority owned (58.7% at March 31, 1998) subsidiary of BHC 
Communications, Inc. (BHC), a majority owned subsidiary of 
Chris-Craft Industries, Inc.

     The financial information included herein has been prepared 
by UTV, without audit, pursuant to the rules and regulations of 
the Securities and Exchange Commission.  Certain information and 
footnote disclosures normally included in financial statements 
prepared in accordance with generally accepted accounting 
principles have been condensed or omitted pursuant to such rules 
and regulations.  However, UTV believes that the disclosures 
herein are adequate to make the information presented not misleading.  
It is suggested that these condensed consolidated financial 
statements be read in conjunction with the financial statements 
and the notes thereto included in UTV's latest annual report on 
Form 10-K.  The information furnished reflects all adjustments 
(consisting only of normal recurring adjustments) which are, in the 
opinion of management, necessary to a fair statement of the results 
for the interim periods.  The results for this interim period are 
not necessarily indicative of results to be expected for the full 
fiscal year, due to seasonal factors, among others.

2.   MARKETABLE SECURITIES:

     All of UTV's marketable securities have been categorized as 
available for sale and as a result are carried at fair market value.  
At March 31, 1998, all U.S. Government securities mature within 
one year.  Marketable securities classified by security type are 
as follows (in thousands):

                                          Gross Unrealized
                                          ----------------
                                  Cost     Gains    Losses  Fair Value
                                --------  -------   ------  ----------
March 31, 1998
  U.S. Government securities    $121,447  $     2   $  107   $121,342
  BHC Class A common stock        11,325   20,640       -      31,965
  Other equity securities         20,655    6,396      481     26,570
                                --------  -------   ------   --------
                                $153,427  $27,038   $  588   $179,877
                                ========  =======   ======   ========


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                                          Gross Unrealized
                                          ----------------
                                  Cost     Gains    Losses  Fair Value
                                --------  -------   ------  ----------
December 31, 1997:
  U.S. Government securities    $115,123  $    31   $  103   $115,051
  BHC Class A common stock        11,325   18,177        -     29,502
  Other equity securities         24,845    4,457    1,349     27,953
                                --------  -------   ------   --------
                                $151,293  $22,665   $1,452   $172,506
                                ========  =======   ======   ========

     The difference between cost and fair value, net of taxes, is 
reflected as an increase to shareholders' investment in the 
accompanying balance sheets.

     For the quarter ended March 31, 1998, UTV realized gains on 
sales of marketable securities of $543,000.  For purposes of 
computing realized gains and losses, cost was determined using 
the specific identification method.

3.   SUPPLEMENTAL CASH FLOW INFORMATION:

     Cash paid for income taxes for the first quarter of 1998 and 
1997 totaled $1,936,000 and $1,014,000, respectively.

4.   COMPREHENSIVE INCOME:

     Effective January 1, 1998, UTV adopted Statement of Financial 
Accounting Standards No. 130, "Reporting Comprehensive Income."  
Other comprehensive income includes only unrealized gains and 
losses on marketable securities classified as available for sale 
(see Note 2), net of reclassification adjustment for gains included 
in net income.  Comprehensive income is as follows (in thousands):
<TABLE>
<CAPTION>
                                                            Three Months
                                                           Ended March 31,
                                                         -------------------
                                                           1998       1997
                                                         --------   --------
<S>                                                      <C>        <C>
Net income                                               $  6,610   $  9,065
Other comprehensive income, net of taxes                    3,172       (416)
                                                         --------   --------
Comprehensive income                                     $  9,782   $  8,649
                                                         ========   ========
</TABLE>

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5.   COMMITMENTS:

     The aggregate amount payable by UTV under contracts for 
programming not currently available for telecasting at March 31, 
1998, and, accordingly, not included in film contracts payable and 
the related contract rights in the accompanying Condensed 
Consolidated Balance Sheets, totaled $78,777,000.  At March 31, 
1998, UTV also had a remaining commitment to invest over time up 
to $19,807,000 ($10,952,000 at May 14, 1998) in management 
buyout limited partnerships.

     In 1997, UTV signed a definitive agreement to purchase the 
assets of UHF television station WRBW-TV in Orlando, Florida, for 
approximately $60,000,000 and possible future consideration.  The 
acquisition is subject to FCC approval and other conditions in the 
agreement.


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               UNITED TELEVISION, INC. AND SUBSIDIARIES

Item 2.    Management's Discussion and Analysis of Financial
           -------------------------------------------------
           Condition and Results of Operations
           ------------------------------------

Liquidity and Capital Resources
-------------------------------

     UTV's operating cash flow is generated primarily by its 
television broadcasting operations and generally parallels the 
earnings of UTV's television stations, adjusted to reflect the 
difference between film contract payments and film contract 
amortization.  The relationship between such payments and 
amortization may vary greatly between periods (payments exceeded 
amortization by $616,000 and $579,000 in the first quarter of 1998 
and 1997, respectively) and is dependent upon the mix of programs 
aired and payment terms of the stations' contracts.  UTV stations 
generated substantial cash flow in the first quarter of 1998, and 
are expected to do the same for the full year.  With its 
considerable cash and marketable securities balances, UTV continues 
to be well positioned to pursue new opportunities and deal 
effectively with uncertainties that may arise in the television 
broadcasting industry or economic environment.

     UTV's cash flow is augmented by interest and dividend income 
associated with its cash and marketable securities.  UTV's cash 
flow from operations for the first quarter of 1998 totaled 
$15,626,000.  However, as a result of cash used to acquire WUTB-TV 
and to purchase UTV common shares, cash and marketable securities 
decreased $64,384,000 to $206,197,000 at March 31, 1998.  UTV had 
a remaining commitment to invest over time up to $19,807,000 
($10,952,000 at May 14, 1998) in management buyout limited 
partnerships.

     Reflecting the WUTB-TV acquisition and treasury stock purchases, 
working capital decreased $82,161,000 during the first quarter of 
1998 to $150,972,000 at March 31, 1998.  Working capital at March 31, 
1998 remains substantially in excess of UTV's normal operating 
requirements.

     In 1997, UTV signed a definitive agreement to purchase the 
assets of UHF television station WRBW-TV in Orlando, Florida, for 
approximately $60,000,000 and possible future consideration.  UTV 
continues to be engaged in an ongoing review of business 
opportunities in media, entertainment, communications and other 
industries.  UTV currently has no outstanding debt and believes 
it is capable of raising significant additional capital to 
augment its already substantial liquid assets, if desired, to 
fund any resulting expansion.



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     UTV regularly makes current commitments for programming that 
will not be available for telecasting until future dates and had 
commitments for payments for such programming totaling $78,777,000 
at March 31, 1998.  UTV expects to continue to satisfy these 
commitments in the ordinary course of business.

     UTV's Board of Directors has from time to time authorized the 
purchase of UTV common shares.  At March 31, 1998, purchase of an 
additional 729,649 shares was so authorized.  From January 1, 1996, 
through March 31, 1998, 462,600 shares were purchased for an 
aggregate cost of $42,574,000, of which 68,500 shares were 
purchased during the first quarter of 1998 for an aggregate cost 
of $7,010,000.

     UTV's commitments for capital expenditures at March 31, 1998 
were not material in relation to UTV's financial position.  UTV 
currently expects that during 1998 its stations will begin 
converting to digital television.  This conversion will require 
the purchase of digital transmitting equipment to telecast over a 
newly assigned frequency.  This conversion roll-out is expected to 
take a number of years and will be subject to competitive market 
conditions.  Funds for capital expenditures have generally been 
provided from operations.  UTV expects that future capital 
expenditures for its present business, including the cost to convert 
to digital television, will be funded from operations or current 
cash balances.  UTV has no present requirement for additional capital.

Results of Operations
---------------------

     UTV's primary source of revenue is the sale to advertisers 
of time on its six television stations.  First quarter 1998 net 
income decreased 27% to $6,610,000, or $.71 per share ($.70 per 
share diluted), from $9,065,000, or $.97 per share ($.96 per share 
diluted), in last year's first quarter.  An increase in expenses, 
including those associated with WUTB-TV, UTV's newly acquired 
Baltimore station which began broadcasting for the first time as a 
traditional commercial broadcasting station early in the first 
quarter, more than offset a slight increase in same station 
revenue and the additional revenue generated at WUTB-TV.

	Consolidated net revenues rose 3% for the quarter to 
$39,293,000, from $38,327,000 last year.  The increase reflects 
revenue at WUTB-TV and increased same station barter revenue.  
Same station local and national advertising sales were comparable 
to last year.

	The revenue increase was more than offset by an operating 
loss at WUTB-TV and increases in same station operating expenses, 
including a 12% increase in programming costs.  Additionally 
reflecting a decrease during the quarter in operating income 
associated with UTV's production entity, operating income decreased 
33% to $7,972,000, from last year's $11,974,000.

	Interest and other income for the quarter decreased 3% to 
$2,988,000, from $3,066,000 in 1997.



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                UNITED TELEVISION, INC. AND SUBSIDIARIES
                     PART II - OTHER INFORMATION


Item 6.   Exhibits and Reports on Form 8-K.
          ---------------------------------

    (a)   Exhibit 27 - Financial Data Schedule

    (b)   No report on Form 8-K was filed during the quarter for 
which this report is being filed.


                           SIGNATURE


          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 thereunto duly authorized.


                                     UNITED TELEVISION, INC. 
                                          (Registrant) 


Date:  May 14, 1998                  By:  /s/  Garth S. Lindsey 
       ------------                      ---------------------
                                         Garth S. Lindsey 
                                         Executive Vice President 
                                         and Chief Financial 
                                         Officer (Principal 
                                         Financial and Accounting 
                                         Officer) 


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                          EXHIBIT INDEX


Incorporated by 
Reference to:          Exhibit No.              Exhibit 
---------------        -----------              ------- 

                         27             Financial Data Schedule