**EXHIBIT 11**

YOUNG BROADCASTING INC. AND SUBSIDIARIESRE COMPUTATION OF PER SHARE EARNINGS
| ** **                                                                                                                           | ** ** | **THREE MONTHS ENDED** | ** ** | **NINE MONTHS ENDED** | ** ** |
|--------------------------------------------------------------------------------------------------------------------------------------|------------|----------------------------------|------------|---------------------------------|------------|
| ** **                                                                                                                           | ** ** | **September 30**            | ** ** | **September 30**           | ** ** | **September 30** | ** ** | **September 30** | ** ** |
| ** **                                                                                                                           | ** ** | **2005**                         | ** ** | **2006**                        | ** ** | **2005** | ** ** | **2006** | ** ** |
| Shares of common stock  outstanding for the entire period                                                                            |       | 20,521,758                       |       | 21,624,533                      |       | 20,026,788 |   | 20,849,065 |   |
|                                                                                                                                 |       |                             |       |                            |       |   |   |   |   |
| Issuance of 134,031 and  413,329 shares of common stock to the Company’s defined contribution plan in  2005 and 2006            |       | 62,344                           |       | 136,411                         |       | 66,773 |   | 230,418 |   |
|                                                                                                                                 |       |                             |       |                            |       |   |   |   |   |
| Issuance of 412,092 and  522,493 shares of common stock under the 2004 equity incentive plan in 2005  and 2006, net of cancellations |       | (1,269                           | )          | (2,576                          | )          | 149,601 |   | 219,078 |   |
|                                                                                                                                 |       |                             |       |                            |       |   |   |   |   |
| Issuance of 32,344 and  11,376 shares of common stock to the employee stock purchase plan in 2005 and  2006                          |       | 15,917                           |       | —                          |       | 16,540 |   | 11,014 |   |
|                                                                                                                                 |       |                             |       |                            |       |   |   |   |   |
| Weighted average shares  of common stock outstanding                                                                                 |       | 20,598,750                       |       | 21,758,368                      |       | 20,259,702 |   | 21,309,575 |   |
|                                                                                                                                 |       |                             |       |                            |       |   |   |   |   |
| Loss from continuing  operations                                                                                                     |       | (21,165,519                      | )          | (15,740,983                     | )          | (87,874,803 | ) | (57,364,620 | ) |
| Income from  discontinued operations, net of taxes                                                                                   |       | —                           |       | —                          |       | 11,203,884 |   | — |   |
| Net loss                                                                                                                             |       | (21,165,519                      | )          | (15,740,983                     | )          | (76,670,919 | ) | (57,364,620 | ) |
|                                                                                                                                 |       |                             |       |                            |       |   |   |   |   |
| Basic loss per common  share:                                                                                                        |       |                             |       |                            |       |   |   |   |   |
| Loss from continuing  operations                                                                                                     |       | $                                | (1.03      | )                               | $          | (0.72 | ) | $ | (4.34 | ) | $ | (2.69 | ) |
| Income from  discontinued operations, net                                                                                            |       | —                           |       | —                          |       | 0.55 |   | — |   |
| Net loss per common share                                                                                                            |       | $                                | (1.03      | )                               | $          | (0.72 | ) | $ | (3.79 | ) | $ | (2.69 | ) |

 

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