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                                  EXHIBIT 11

                   YOUNG BROADCASTING INC. AND SUBSIDIARIES
                     RE COMPUTATION OF PER SHARE EARNINGS

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                                                                   NINE MONTHS ENDED                  THREE MONTHS ENDED
                                                                   -----------------                  ------------------         
                                                            SEPTEMBER 30,    SEPTEMBER 30,      SEPTEMBER 30,   SEPTEMBER 30,
                                                                1995            1996                 1995          1996
                                                           ---------------------------------    -------------------------------

<S>                                                        <C>              <C>                 <C>             <C> 
SHARES OF COMMON STOCK OUTSTANDING                                                                            
    FOR THE ENTIRE PERIOD.............................         10,819,049     10,548,181           10,860,057      10,480,357

ISSUANCE OF 21,696 SHARES OF COMMON STOCK TO THE                                                              
      COMPANY'S DEFINED CONTRIBUTION PLAN IN 1995.....             15,895        -                    -               -
                                                                                                              
ISSUANCE OF 27,685 SHARES OF COMMON STOCK TO THE                                                              
      COMPANY'S DEFINED CONTRIBUTION PLAN IN 1996.....            -               27,279              -               -
                                                                                                              
ISSUANCE OF 19,312 SHARES OF COMMON STOCK                                                                     
      UPON EXERCISE OF OPTIONS IN 1995................              8,347        -                    -               -
                                                                                                              
REPURCHASE OF 111,383 SHARES OF COMMON STOCK                                                                  
      FROM J.P. MORGAN CAPITAL CORPORATION IN 1996....            -             (110,567)             -               -
                                                                                                              
ISSUANCE OF 5,937 SHARES OF COMMON STOCK                                                                      
      UPON EXERCISE OF OPTIONS IN 1996................            -                3,784              -               -
                                                                                                              
ISSUANCE OF 9,937 SHARES OF COMMON STOCK                                                                      
      UPON EXERCISE OF OPTIONS IN 1996................            -                4,768              -               -
                                                           ---------------  ----------------    ---------------  --------------
                                                                                                              
WEIGHTED AVERAGE SHARES OF COMMON                                                                             
       STOCK OUTSTANDING..............................         10,843,291     10,473,445           10,860,057      10,480,357
                                                                                                              
PRIMARY DILUTIVE EFFECT OF 688,937 OPTIONS AND                                                                
  750,000  WARRANTS IN 1995 EXPECTED TO BE                                                                    
  EXERCISED UNDER THE TREASURY STOCK METHOD                                                                   
  USING THE WEIGHTED AVERAGE MARKET PRICE OF                                                                  
  THE COMPANY'S SHARES OF COMMON STOCK................            191,661        -                    442,848         -
                                                           ---------------  ----------------    ---------------  --------------
                                                                                                              
TOTAL PRIMARY WEIGHTED AVERAGE SHARES OF                                                                      
   COMMON STOCK FOR THE PERIOD........................         11,034,952        -                 11,302,905         - 
                                                           ---------------  ----------------    ---------------  --------------
                                                                                                              
FULLY DILUTIVE EFFECT OF 688,937 OPTIONS AND                                                                  
  750,000 WARRANTS IN 1995 EXPECTED TO BE                                                                     
  EXERCISED UNDER TREASURY STOCK METHOD USING                                                                 
  THE PERIOD-END MARKET PRICE OF THE COMPANY'S                                                                
  SHARES OF COMMON STOCK..............................            422,369        -                    449,100         -
                                                           ---------------  ----------------    ---------------  --------------
                                                                                                              
TOTAL FULLY DILUTED WEIGHTED AVERAGE SHARES                                                                   
   OF COMMON STOCK FOR THE PERIOD.....................         11,265,660        -                 11,309,157         -
                                                           ---------------  ----------------    ---------------  --------------
                                                                                                              
INCOME (LOSS) BEFORE EXTRAORDINARY ITEM...............           $535,561    $(2,504,798)            $251,417     $(1,043,385) 
                                                           ===============  ================    ===============  ==============
                                                                                                              
NET INCOME (LOSS).....................................        $(8,589,439)   $(2,504,798)            $251,417     $(1,043,385) 
                                                           ===============  ================    ===============  ==============

NET INCOME (LOSS) PER COMMON SHARE                                                                            
 PRIMARY                                                                                                      
       BEFORE EXTRAORDINARY ITEM......................              $0.05         $(0.24)               $0.02         $(0.10) 
                                                           ===============  ================    ===============  ==============

        NET INCOME  (LOSS)............................             $(0.79)        $(0.24)               $0.02         $(0.10) 
                                                           ===============  ================    ===============  ==============

   FULLY DILUTED
        BEFORE EXTRAORDINARY ITEM.....................              $0.05         $(0.24)               $0.02         $(0.10)
                                                           ===============  ================    ===============  ==============

        NET INCOME (LOSS).............................             $(0.79)        $(0.24)               $0.02         $(0.10)
                                                           ===============  ================    ===============  ==============
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