<PAGE>
PAGE 1
               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 June 30, 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 August 12, 1998, there were 9,404,333 shares of the 
registrant's common stock outstanding.
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PAGE 2
<TABLE>
                    PART I - FINANCIAL INFORMATION
                    ITEM 1.   FINANCIAL STATEMENTS
               UNITED TELEVISION, INC. AND SUBSIDIARIES
                 CONDENSED CONSOLIDATED BALANCE SHEETS
                       (Unaudited - in thousands)
<CAPTION>
                                           June 30,       December 31,
                                             1998             1997
                                         -----------      -----------
<S>                                      <C>              <C>
ASSETS
------
Current Assets:
   Cash and cash equivalents             $    68,396      $    98,075
   Marketable securities                     113,114          124,811
   Accrued interest receivable                 1,309            2,014
   Accounts receivable, net                   38,270           36,913
   Film contract rights                       13,604           24,627
   Deferred tax benefit                        5,254            5,233
   Prepaid expenses and other 
      current assets                           2,964            1,721
                                         -----------      -----------
      Total current assets                   242,911          293,394
                                         -----------      -----------
Marketable Securities, noncurrent             14,617           47,695
                                         -----------      -----------
Other Investments                             26,385           17,531
                                         -----------      -----------
Film Contract Rights, noncurrent               3,093            4,517
                                         -----------      -----------
Property and Equipment, net                   15,125           13,175
                                         -----------      -----------
Intangible Assets, net                        87,649           11,156
                                         -----------      -----------
Other Assets                                     493              518
                                         -----------      -----------
                                         $   390,273      $   387,986
                                         ===========      ===========
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PAGE 3
LIABILITIES AND SHAREHOLDERS' INVESTMENT
----------------------------------------
Current Liabilities:
   Film contracts payable                $    20,854      $    26,268
   Accounts payable                            2,493            3,090
   Accrued expenses                           19,586           22,428
   Income taxes payable                       20,942            8,475
                                         -----------      -----------
      Total current liabilities               63,875           60,261
                                         -----------      -----------
Film Contracts Payable after One Year         11,551           16,483
                                         -----------      -----------
Other Liabilities                              1,404           10,502
                                         -----------      -----------
Shareholders' Investment:
   Preferred stock $1.00 par value                -                - 
   Common stock $.10 par value                   947              941
   Additional paid-in capital                  6,888            3,635
   Retained earnings                         310,065          283,271
   Treasury stock, at cost                    (7,010)              - 
   Increase to reflect marketable
     securities at fair value                  2,553           12,893
                                         -----------      -----------
                                             313,443          300,740
                                         -----------      -----------
                                         $   390,273      $   387,986
                                         ===========      ===========
<FN>
The accompanying notes to condensed consolidated financial statements 
are an integral part of these balance sheets.
</TABLE>
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PAGE 4
<TABLE>
                   UNITED TELEVISION, INC. AND SUBSIDIARIES
                  CONDENSED CONSOLIDATED STATEMENTS OF INCOME
                 (Unaudited - in thousands except per share data)
<CAPTION>
                                      Three Months           Six Months
                                      Ended June 30,        Ended June 30,
                                   ------------------    ------------------
                                     1998      1997        1998      1997
                                   --------  --------    --------  --------
<S>                                <C>       <C>         <C>       <C>
Net Revenues                       $ 48,503  $ 44,919    $ 87,796  $ 83,246
                                   --------  --------    --------  --------

Expenses:
   Operating                         14,840    13,428      30,795    26,353
   Selling, general and
     administrative                  15,440    13,404      30,806    26,832
                                   --------  --------    --------  --------
                                     30,280    26,832      61,601    53,185
                                   --------  --------    --------  --------
     Operating income                18,223    18,087      26,195    30,061
                                   --------  --------    --------  --------
Interest and Other Income:
   Gain on sale of BHC
     Communications, Inc.
     common stock                    19,932         -      19,932         -
   Interest and other income          2,167     2,795       5,155     5,861
                                   --------  --------    --------  --------
                                     22,099     2,795      25,087     5,861
                                   --------  --------    --------  --------
     Income before income taxes      40,322    20,882      51,282    35,922

Income Tax Provision                (15,450)   (8,275)    (19,800)  (14,250)
                                   --------  --------    --------  --------
     Net income                    $ 24,872  $ 12,607    $ 31,482  $ 21,672
                                   ========  ========    ========  ========

Earnings per Share:
   Basic                           $   2.65  $   1.35    $   3.36  $   2.31
   Diluted                         $   2.63  $   1.34    $   3.34  $   2.30

Average Number of Common and Common
   Equivalent Shares Outstanding:
   Basic                              9,396     9,360       9,382     9,362
   Diluted                            9,444     9,419       9,433     9,429
<FN>
The accompanying notes to condensed consolidated financial statements 
are an integral part of these statements.
</TABLE>
<PAGE>
PAGE 5
<TABLE>
                   UNITED TELEVISION, INC. AND SUBSIDIARIES
               CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS
                        (Unaudited - in thousands)
<CAPTION>
                                                              Six Months
                                                            Ended June 30,
                                                         -------------------
                                                           1998       1997
                                                         --------   --------
<S>                                                      <C>        <C>
Cash Flows from Operating Activities:
   Net income                                            $ 31,482   $ 21,672
   Adjustment to reconcile net income to net
     cash provided from operating activities:
      Film contract payments                              (13,621)   (11,613)
      Film contract amortization                           12,223     10,159
      Depreciation and other amortization                   3,358      2,309
      Gain on sale of BHC common stock                    (19,932)         -
      Gain on dispositions of other investments              (499)      (316)
      Changes in assets and liabilities:
         Accounts receivable                               (1,357)     3,254
         Prepaid and other assets                           2,985      2,828
         Accounts payable and accrued expenses             (3,439)    (4,195)
         Income taxes payable                              10,021       (260)
                                                         --------   --------
         Net cash provided from
           operating activities                            21,221     23,838
                                                         --------   --------
Cash Flows from Investing Activities:
   Sales of marketable securities                          78,155     88,465
   Purchases of marketable securities                     (29,961)   (99,913)
   Purchases of other investments                          (8,854)         -
   Station acquisition:
      Fixed assets                                         (2,568)         -
      Intangibles                                         (77,668)         -
   Capital expenditures                                    (1,565)    (1,371)
                                                         --------   --------
         Net cash used in
           investing activities                           (42,461)   (12,819)
                                                         --------   --------
Cash Flows from Financing Activities:
   Dividends paid                                          (4,688)    (4,687)
   Proceeds from exercise of employee stock options         3,259      2,511
   Purchases of treasury stock                             (7,010)    (2,430)
                                                         --------   --------
         Net cash used in financing activities             (8,439)    (4,606)
                                                         --------   --------
Net (Decrease) Increase in Cash and Cash Equivalents      (29,679)     6,413

Cash and Cash Equivalents at Beginning of Period           98,075     21,695
                                                         --------   --------
Cash and Cash Equivalents at End of Period               $ 68,396   $ 28,108
                                                         ========   ========
<FN>
The accompanying notes to condensed consolidated financial statements 
are an integral part of these statements.
</TABLE>
<PAGE>
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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 (58.6% at June 30, 
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 
for 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 June 30, 1998, all U.S. Government
securities mature within one year.  Marketable securities 
classified by security type are as follows (in thousands):
<TABLE>
<CAPTION>
                                          Gross Unrealized
                                          ----------------
                                  Cost     Gains    Losses  Fair Value
                                --------  -------   ------  ----------
<S>                             <C>       <C>       <C>     <C>
June 30, 1998
   U.S. Government securities   $103,114  $    16   $   33   $103,097
   Other equity securities        20,416    4,750      532     24,634
                                --------  -------   ------   --------
                                $123,530  $ 4,766   $  565   $127,731
                                ========  =======   ======   ========
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PAGE 7
                                          Gross Unrealized
                                          ----------------
                                  Cost     Gains    Losses  Fair Value
                                --------  -------   ------  ----------
<S>                             <C>       <C>       <C>     <C>
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
                                ========  =======   ======   ========
</TABLE>
     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 six months ended June 30, 1998, UTV realized 
marketable securities gains of $20,431,000, including a gain of 
$19,932,000 resulting from the sale to BHC of UTV's holding of 
BHC Class A common stock.  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 six months ended 
June 30, 1998 and 1997 totaled $9,779,000 and $14,510,000, 
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           Six Months
                                      Ended June 30,        Ended June 30,
                                   ------------------    ------------------
                                     1998      1997        1998      1997
                                   --------  --------    --------  --------
<S>                                <C>       <C>         <C>       <C>
Net income                         $ 24,872  $ 12,607    $ 31,482  $ 21,672
Other comprehensive income,
    net of taxes                    (13,522)    3,514     (10,339)     (349)
                                   --------  --------    --------  --------
Comprehensive income               $ 11,350  $ 16,121    $ 21,143  $ 21,323
                                   ========  ========    ========  ========
</TABLE>
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5.   COMMITMENTS:

     The aggregate amount payable by UTV under contracts for 
programming not currently available for telecasting at
June 30, 1998, and, accordingly, not included in film contracts 
payable and the related contract rights in the accompanying 
Condensed Consolidated Balance Sheets, totaled $95,356,000.  UTV 
also has a remaining commitment to invest over time up to
$10,952,000 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.  
UTV expects to use a portion of available cash and marketable 
securities balances to complete this transaction, which is subject 
to Federal Communications Commission approval, as well as 
satisfaction of certain conditions.


<PAGE>
PAGE 9
               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 $1,398,000 and $1,454,000 in the first six months 
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 six months 
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 six months of 1998 totaled 
$21,221,000.  However, as a result of cash used to acquire WUTB-TV, 
to purchase UTV common shares and to make other investments, cash 
and marketable securities decreased $74,454,000 to $196,127,000 at 
June 30, 1998.  UTV has a remaining commitment to invest over time 
up to $10,952,000 in management buyout limited partnerships.

     Reflecting the WUTB-TV acquisition, treasury stock purchases 
and other investments, partially offset by the sale to BHC of UTV's 
holding of BHC Class A common stock, working capital decreased 
$54,097,000 during the first six months of 1998 to $179,036,000 
at June 30, 1998.  Working capital at June 30, 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 expects to use a portion of available cash and marketable 
securities balances to complete this transaction, which is subject 
to Federal Communications Commission approval, as well as
satisfaction of certain conditions.  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.

     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 $95,356,000 
at June 30, 1998.  UTV expects to continue to satisfy these 
commitments in the ordinary course of business.

<PAGE>
PAGE 10
     UTV's Board of Directors has from time to time authorized 
the purchase of UTV common shares.  At June 30, 1998, 729,649 
shares were authorized for purchase.  From January 1, 1996, 
through June 30, 1998, 462,600 shares were purchased for an 
aggregate cost of $42,574,000, of which 68,500 shares were 
purchased during the first six months of 1998 for an aggregate 
cost of $7,010,000.

     UTV's commitments for capital expenditures at June 30, 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.  Second quarter 1998 net 
income rose 97% to a second quarter record $24,872,000, or $2.65 
per share ($2.63 per share diluted), from $12,607,000, or $1.35 
per share ($1.34 per share diluted), in last year's second quarter.  
The increase in net income resulted from an after-tax gain recorded 
during the quarter of $12,932,000, or $1.38 per share ($1.37 per 
share diluted), on the sale to BHC of UTV's holding of BHC Class A 
common stock.  The BHC stock had been received by UTV in 1990 as a 
part of the distribution in the Time Warner merger.

     Consolidated net revenue rose 8% for the quarter to 
$48,503,000, from $44,919,000 last year.  The increase reflects 
revenue at WUTB-TV, UTV's newly acquired Baltimore television 
station which early in the first quarter of 1998 began operating 
for the first time as a traditional commercial broadcasting 
station, as well as a 4% increase in same station local and 
national advertising sales.

     The increase in revenues was substantially offset by a 10% 
increase in same station operating expenses, including a 12% 
increase in programming costs, and an operating loss at WUTB-TV.  
However, an increase in operating income during the quarter 
associated with UTV's production entity resulted in record 
operating income of $18,223,000, a 1% increase from last year's 
$18,087,000.

     Interest and other income for the quarter decreased 22% to 
$2,167,000, from $2,795,000 in 1997.

<PAGE>
PAGE 11
     The favorable state tax position of the gain recognized on 
the sale of BHC securities resulted in a decline in UTV's 
effective tax rate to 38%, from 40% in the prior year's quarter.

     Reflecting the gain on the sale of BHC securities, net income 
for the first six months of 1998 increased 45% to $31,482,000, or 
$3.36 per share ($3.34 per share diluted), from last year's net 
income of $21,672,000, or $2.31 per share ($2.30 per share diluted).

     Consolidated net revenues for the six month period rose 5% 
to $87,796,000, from $83,246,000 in 1997.  The increase reflects 
revenues associated with WUTB-TV as well as a 2% increase in same 
station local and national advertising sales.

     More than offsetting the revenue increase were the WUTB-TV 
operating loss and an 8% increase in same station operating 
expenses, including a 12% increase in programming costs.  
Operating income for the six month period decreased 13% to 
$26,195,000, from last year's $30,061,000.

     Interest and other income for the six month period decreased 
12% to $5,155,000, from $5,861,000 last year.

Item 3.   Quantitative and Qualitative Disclosures about Market Risk.
          -----------------------------------------------------------

     Not applicable.


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

Item 4.   Submission of Matters to a Vote of Security Holders.
          ----------------------------------------------------

     UTV held its annual meeting of stockholders on May 5, 1998.

     At the meeting, the following were elected directors, by the 
number of votes set forth opposite their respective names:

                                                           Broker
                               For         Withheld      Non-votes
                            ---------      --------      ---------
     John L. Eastman        8,850,834        5,473         - 0 -
     James D. Hodgson       8,849,615        6,692         - 0 -
     Herbert J. Siegel      8,839,001       17,306         - 0 -

     At the meeting, the selection of Price Waterhouse LLP as UTV's 
auditors for the current year was ratified by the following vote:

                                                           Broker
             For             Against        Abstain      Non-votes
          ---------          -------        -------      ---------
          8,850,204           2,448          3,655         - 0 -

<PAGE>
PAGE 12

Item 5.   Other Information.
          ------------------

     The persons named on the form of proxy to be mailed in 
connection with the solicitation of proxies on behalf of the 
registrant's board of directors for the registrant's 1999 annual 
stockholders meeting will vote in their own discretion on any matter 
as to which the registrant shall not have received notice by 
February 10, 1999.

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

    (a)   See Exhibit Index.

    (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:  August 13, 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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PAGE 13
                          EXHIBIT INDEX


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

                         27           Financial Data Schedule


1113