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| Commission file number: 001-31311 | Commission file number: 000-25206 |
|-----------------------------------|-----------------------------------|
|                              |                              |
|                              | LIN Television                    |
| LIN TV Corp.                      | Corporation                       |
| (Exact name of registrant as      | (Exact name of registrant as      |
| specified in its charter)         | specified in its charter)         |
|                              |                              |
| Delaware                          | Delaware                          |
| (State or other jurisdiction of   | (State or other jurisdiction of   |
| incorporation or organization)    | incorporation or organization)    |
|                              |                              |
| 05-0501252                        | 13-3581627                        |
| (I.R.S. Employer                  | (I.R.S. Employer                  |
| Identification No.)               | Identification No.)               |

| Large accelerated filer £ | Accelerated filer R                           | Non-accelerated  filer £ | Smaller reporting company £ |
|--------------------------------|-----------------------------------------------|-----------------------------------------|----------------------------------|
|                           | (Do not check if a smaller reporting company) |

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|  Part I. Financial Information                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |     |
|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|----------|
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   |     |
| Item 1. Unaudited Consolidated Financial Statements of LIN TV Corp.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       | 3        |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   |     |
| Consolidated Balance Sheets                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |  3  |
| Consolidated Statements of Operations                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  | 4        |
| Consolidated Statements of Stockholders’ Deficit and Comprehensive Income                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |  5  |
| Consolidated Statements of Cash Flows                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  | 7        |
| Notes to Unaudited Consolidated Financial Statements (See separate index for financial statements of LIN Television Corporation)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |  8  |
| Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |  18 |
| Item 3. Quantitative and Qualitative Disclosures about Market Risk                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |  24 |
| Item 4. Controls and Procedures                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        |  24 |
| Part II. Other Information                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             |  25 |
| Item 1. Legal Proceedings                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              |  25 |
| Item 1A. Risk Factors                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |  25 |
| Item 2. Unregistered Sales of Equity Securities and Use of Proceeds                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |  25 |
| Item 3. Defaults Upon Senior Securities                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                |  25 |
| Item 4. Removed and Reserved                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           | 25       |
| Item 5. Other Information                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              |  25 |
| Item 6. Exhibits                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |  25 |
| Signature Page                                                                                                                                                             |  26 |

| Part I. Financial Information                                                                                                                                                                                                                      |   |                              |       |   |         |   |
|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|-----------------------------------|------------|--------|--------------|--------|
| Item 1. Financial Statements                                                                                                                                                                                                                  |   |                              |       |   |         |   |
|                                                                                                                                                                                                                                               |   |                              |       |   |         |   |
|  LIN TV Corp.                                                                                                                                                                                                                                 |
| Consolidated Balance Sheets                                                                                                                                                                                                                        |
| (unaudited)                                                                                                                                                                                                                                        |   |
|                                                                                                                                                                                                                                               |   | June 30,                          |       |   | December 31, |   |
|                                                                                                                                                                                                                                               |   | 2010                              |       |   | 2009         |   |
|                                                                                                                                                                                                                                               |   | (in thousands, except share data) |       |
| ASSETS                                                                                                                                                                                                                                             |   |                              |       |   |         |   |
| Current assets:                                                                                                                                                                                                                                    |   |                              |       |   |         |   |
| Cash and cash equivalents                                                                                                                                                                                                                          |   | $                                 | 8,464      |   |         | $      | 11,105 |   |
| Restricted cash                                                                                                                                                                                                                                    |   |                              | -          |   |         |   | 2,000 |   |
| Accounts receivable, less allowance for doubtful accounts (2010 - $2,061; 2009 - $2,272)                                                                                                                                                           |   |                              | 77,467     |   |         |   | 73,948 |   |
| Program rights                                                                                                                                                                                                                                     |   |                              | 1,452      |   |         |   | 2,126 |   |
| Other current assets                                                                                                                                                                                                                               |   |                              | 5,929      |   |         |   | 6,402 |   |
| Total current assets                                                                                                                                                                                                                               |   |                              | 93,312     |   |         |   | 95,581 |   |
| Property and equipment, net                                                                                                                                                                                                                        |   |                              | 160,094    |   |         |   | 165,061 |   |
| Deferred financing costs                                                                                                                                                                                                                           |   |                              | 8,813      |   |         |   | 8,389 |   |
| Program rights                                                                                                                                                                                                                                     |   |                              | 985        |   |         |   | 1,400 |   |
| Goodwill                                                                                                                                                                                                                                           |   |                              | 117,259    |   |         |   | 117,259 |   |
| Broadcast licenses and other intangible assets, net                                                                                                                                                                                                |   |                              | 398,056    |   |         |   | 398,877 |   |
| Other assets                                                                                                                                                                                                                                       |   |                              | 4,988      |   |         |   | 3,936 |   |
| Total assets                                                                                                                                                                                                                                       |   | $                                 | 783,507    |   |         | $      | 790,503 |   |
|                                                                                                                                                                                                                                               |   |                              |       |   |         |   |   |   |
| LIABILITIES AND STOCKHOLDERS' DEFICIT                                                                                                                                                                                                              |   |                              |       |   |         |   |   |   |
| Current liabilities:                                                                                                                                                                                                                               |   |                              |       |   |         |   |   |   |
| Current portion of long-term debt                                                                                                                                                                                                                  |   | $                                 | 6,990      |   |         | $      | 16,372 |   |
| Accounts payable                                                                                                                                                                                                                                   |   |                              | 8,335      |   |         |   | 6,556 |   |
| Accrued expenses                                                                                                                                                                                                                                   |   |                              | 41,330     |   |         |   | 41,916 |   |
| Program obligations                                                                                                                                                                                                                                |   |                              | 7,914      |   |         |   | 10,319 |   |
| Total current liabilities                                                                                                                                                                                                                          |   |                              | 64,569     |   |         |   | 75,163 |   |
| Long-term debt, excluding current portion                                                                                                                                                                                                          |   |                              | 657,893    |   |         |   | 666,582 |   |
| Deferred income taxes, net                                                                                                                                                                                                                         |   |                              | 167,292    |   |         |   | 162,025 |   |
| Program obligations                                                                                                                                                                                                                                |   |                              | 1,539      |   |         |   | 2,092 |   |
| Other liabilities                                                                                                                                                                                                                                  |   |                              | 48,708     |   |         |   | 53,795 |   |
| Total liabilities                                                                                                                                                                                                                                  |   |                              | 940,001    |   |         |   | 959,657 |   |
|                                                                                                                                                                                                                                               |   |                              |       |   |         |   |   |   |
| Commitments and Contingenices (Note 11)                                                                                                                                                                                                            |   |                              |       |   |         |   |   |   |
|                                                                                                                                                                                                                                               |   |                              |       |   |         |   |   |   |
| Stockholders' deficit:                                                                                                                                                                                                                             |   |                              |       |   |         |   |   |   |
| Class A common stock, $0.01 par value, 100,000,000 shares authorized,                                                                                                                                                                              |   |                              |       |   |         |   |   |   |
| Issued: 32,289,036 and 30,270,167 shares as of June 30, 2010 and December 31, 2009, respectively                                                                                                                                                   |   |                              |       |   |         |   |   |   |
| Outstanding: 31,416,218 and 29,397,349 shares as of June 30, 2010 and December 31, 2009, respectively                                                                                                                                              |   |                              | 294        |   |         |   | 294 |   |
| Class B common stock, $0.01 par value, 50,000,000 shares authorized,  23,502,059 shares as of June 30, 2010 and December 31, 2009, issued and outstanding; convertible into an equal number of shares of Class A or Class C common stock |   |                              | 235        |   |         |   | 235 |   |
| Class C common stock, $0.01 par value, 50,000,000 shares authorized, 2 shares as of June 30, 2010 and December 31, 2009, issued and outstanding; convertible into an equal number of shares of Class A common stock                                |   |                              | -          |   |         |   | - |   |
| Treasury stock, 872,818 shares of Class A common stock as of June 30, 2010 and December 31, 2009, at cost                                                                                                                                          |   |                              | (7,869     | )      |         |   | (7,869 | ) |
| Additional paid-in capital                                                                                                                                                                                                                         |   |                              | 1,107,046  |   |         |   | 1,104,161 |   |
| Accumulated deficit                                                                                                                                                                                                                                |   |                              | (1,230,913 | )      |         |   | (1,238,058 | ) |
| Accumulated other comprehensive loss                                                                                                                                                                                                               |   |                              | (25,287    | )      |         |   | (27,917 | ) |
| Total stockholders' deficit                                                                                                                                                                                                                        |   |                              | (156,494   | )      |         |   | (169,154 | ) |
| Total liabilities and stockholders' deficit                                                                                                                                                                                                        |   | $                                 | 783,507    |   |         | $      | 790,503 |   |
|                                                                                                                                                                                                                                               |   |                              |       |   |         |   |   |   |
| The accompanying notes are an integral part of the unaudited consolidated financial statements.                                                                                                                                                    |   |

|  LIN TV Corp.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |
|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| Consolidated Statements of Operations                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |
|                                                                                            (unaudited) |   |   |   |   |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |   |   |   |   |   |   |   |   |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     | Three months ended June 30, |   | Six months ended June 30, |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     | 2010 |   | 2009 |   | 2010 |   |   | 2009 |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     | (in thousands) |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |   |   |   |   |   |   |   |   |   |
| Net revenues                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             | $ | 99,460 |   | $ | 82,517 |   | $ | 191,305 |   |   | $ | 156,992 |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Operating costs and expenses:                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Direct operating                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         |   | 29,823 |   |   | 26,533 |   |   | 59,128 |   |   |   | 53,448 |   |
| Selling, general and administrative                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      |   | 26,652 |   |   | 24,746 |   |   | 52,076 |   |   |   | 50,362 |   |
| Amortization of program rights                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           |   | 5,840 |   |   | 5,572 |   |   | 12,046 |   |   |   | 11,904 |   |
| Corporate                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                |   | 6,694 |   |   | 4,569 |   |   | 11,878 |   |   |   | 8,987 |   |
| Depreciation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             |   | 6,948 |   |   | 7,448 |   |   | 14,048 |   |   |   | 15,574 |   |
| Amortization of intangible assets                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        |   | 412 |   |   | 20 |   |   | 821 |   |   |   | 40 |   |
| Impairment of goodwill and broadcast licenses                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |   | - |   |   | 39,894 |   |   | - |   |   |   | 39,894 |   |
| Restructuring charge                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |   | 63 |   |   | 498 |   |   | 2,181 |   |   |   | 498 |   |
| Gain from asset dispositions                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             |   | (2,030 | ) |   | (949 | ) |   | (2,211 | ) |   |   | (2,658 | ) |
| Operating income (loss)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |   | 25,058 |   |   | (25,814 | ) |   | 41,338 |   |   |   | (21,057 | ) |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Other expense (income):                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Interest expense, net                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |   | 13,428 |   |   | 10,133 |   |   | 25,143 |   |   |   | 21,055 |   |
| Share of loss in equity investments                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      |   | 94 |   |   | - |   |   | 94 |   |   |   | - |   |
| Loss (gain) on derivative instruments                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |   | 3,056 |   |   | (225 | ) |   | 3,065 |   |   |   | (5 | ) |
| Loss (gain) on extinguishment of debt                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |   | 2,749 |   |   | - |   |   | 2,749 |   |   |   | (50,149 | ) |
| Other, net                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               |   | 28 |   |   | (208 | ) |   | (682 | ) |   |   | 61 |   |
| Total other expense (income), net                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        |   | 19,355 |   |   | 9,700 |   |   | 30,369 |   |   |   | (29,038 | ) |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Income (loss) from continuing operations before provision for (benefit from) income taxes                                                                                                                                                                                                                                                                                                                                                                                                                                                                                |   | 5,703 |   |   | (35,514 | ) |   | 10,969 |   |   |   | 7,981 |   |
| Provision for (benefit from) income taxes                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                |   | 2,059 |   |   | (10,180 | ) |   | 3,824 |   |   |   | 8,309 |   |
| Income (loss) from continuing operations                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 |   | 3,644 |   |   | (25,334 | ) |   | 7,145 |   |   |   | (328 | ) |
| Discontinued operations:                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Loss from discontinued operations, net of a gain from the sale of discontinued operations of $11 for both the three and six months ended June 30, 2009, and a benefit from income taxes of $18 and $677 for the three and six months ended June 30, 2009, respectively                                                                                                                                                                                                                                                                                                   |   | - |   |   | (162 | ) |   | - |   |   |   | (446 | ) |
| Net income (loss)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        | $ | 3,644 |   | $ | (25,496 | ) | $ | 7,145 |   |   | $ | (774 | ) |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Basic income (loss) per common share:                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Income (loss) from continuing operations                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 | $ | 0.07 |   | $ | (0.50 | ) | $ | 0.13 |   |   | $ | (0.01 | ) |
| Loss from discontinued operations, net of tax                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |   | - |   |   | - |   |   | - |   |   |   | (0.01 | ) |
| Net income (loss)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        | $ | 0.07 |   | $ | (0.50 | ) | $ | 0.13 |   |   | $ | (0.02 | ) |
| Weighted-average number of common shares outstanding                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |   |   |   |   |   |   |   |   |   |   |   |   |   |
| used in calculating basic income (loss) per common share                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 |   | 53,785 |   |   | 51,128 |   |   | 53,195 |   |   |   | 51,121 |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Diluted loss per common share:                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Income (loss) from continuing operations                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 | $ | 0.07 |   | $ | (0.50 | ) | $ | 0.13 |   |   | $ | (0.01 | ) |
| Loss from discontinued operations, net of tax                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |   | - |   |   | - |   |   | - |   |   |   | (0.01 | ) |
| Net income (loss)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        | $ | 0.07 |   | $ | (0.50 | ) | $ | 0.13 |   |   | $ | (0.02 | ) |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Weighted-average number of common shares outstanding                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |   |   |   |   |   |   |   |   |   |   |   |   |   |
| used in calculating diluted income (loss) per common share                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               |   | 55,624 |   |   | 51,128 |   |   | 54,862 |   |   |   | 51,121 |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                     The accompanying notes are an integral part of the unaudited consolidated financial statements.                                                                                                                                                                                                                                                       |   |   |   |   |   |

|                                                                                                                                                                                 LIN TV Corp.          |
|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|                                                                                                                        Consolidated Statements of Stockholders' Deficit and Comprehensive Income                                                                                                                                                                                                                                                                                              |
|                                                                                                                                                                                 (unaudited) |
|                                                                                                                                                                               (in thousands)               |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        |   |   |   |   |   |   |   |   |   |     |   |    |    |   |   |    |    |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        |     Total Deficit |   |     |    Class AAmount |     |    Class BAmount |     |    Class CAmount |     |  Treasury Stock(at cost) |   |    Additional Paid-In Capital |   |    Accumulated Deficit |   | Accumulated Other Comprehensive Loss |   |  Total Stockholders' Deficit |   |    Comprehensive Income |
|  Balance as of December 31, 2009                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |  $  (169,154 | )  |   |  $     294 |   |  $     235 |   |  $         - |   |  $   (7,869 | )  |  $  1,104,161 |   |  $  (1,238,058 | )  |  $           (27,917 | )  |  $       (169,154 | ) |   |
| Amortization of pension net loss, net of tax of $75                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         |    114 |   |   |     - |   |           - |   |           - |   |             - |   |                  - |   |                 - |   |                   114 |   |                  114 |   |               114 |
|  Reclassification of unrealized loss on cash flow hedge, net of tax of $1,603                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          |           2,516 |   |   |             - |   |             - |   |             - |   |                - |   |                    - |   |                                 - |   |                   2,516 |   |                2,516 |   |                    2,516 |
|  Stock-based compensation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              |           2,498 |   |   |             - |   |             - |   |             - |   |                - |   |             2,498 |   |                 - |   |                           - |   |                2,498 |   |   |
|  Exercises of stock options under employee compensation plans                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          |              387 |   |   |             - |   |             - |   |             - |   |                - |   |                387 |   |                                    - |   |                           - |   |                   387 |   |   |
|  Net income                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |           7,145 |   |   |             - |   |             - |   |             - |   |                - |   |                    - |   |              7,145 |   |                           - |   |                7,145 |   |                    7,145 |
|    Comprehensive income - June 30, 2010                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |  $                9,775 |
|  Balance as of June 30, 2010                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           |  $  (156,494 | )  |   |  $     294 |   |  $     235 |   |  $         - |   |  $   (7,869 | )  |  $  1,107,046 |   |  $  (1,230,913 | )  |  $           (25,287 | ) |  $       (156,494 | ) |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                                                                The accompanying notes are an integral part of the unaudited consolidated financial statements.                                                                                                                                                                                                                                                                                                                                                                                                                   |   |   |   |   |   |   |

|  LIN TV Corp.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                |
|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| Consolidated Statements of Stockholders' Deficit and Comprehensive Income                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         |
| (unaudited)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |
|  (in thousands)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              |    Total Deficit  |   |   |     Class AAmount |   |     Class BAmount |   |     Class CAmount |   |     Treasury  Stock (at cost) |   |   Additional Paid-In Capital |   |    Accumulated Deficit |   |     Accumulated Other Comprehensive Loss |   |    Total Stockholders' Deficit |   |     Noncontrolling Interest |     |    Comprehensive Income |
|  Balance as of December 31, 2008                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             |  $  (182,250 | )  |   |  $     294 |   |  $     235 |   |  $         - |   |  $ (18,005) |   |  $  1,101,919 |   |  $  (1,239,090 | )  |  $           (34,634 | )  |  $       (189,281 | )  |  $                7,031 |   |   |
|  Amortization of prior service cost, net of tax of $6                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        |                  9 |   |   |             - |   |             - |   |             - |   |                - |   |                    - |   |                      - |   |                          9 |   |                       9 |   |                            - |   |                           9 |
|  Amortization of pension net loss, net of tax of $33                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         |                50 |   |   |             - |   |             - |   |             - |   |                - |   |                    - |   |                      - |   |                        50 |   |                     50 |   |                            - |   |                         50 |
|  Unrealized loss on cash flow hedge, net of tax of $552                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      |              831 |   |   |             - |   |             - |   |             - |   |                - |   |                    - |   |                      - |   |                      831 |   |                   831 |   |                            - |   |                       831 |
|  Stock-based compensation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |           1,338 |   |   |             - |   |             - |   |             - |   |                - |   |             1,338 |   |                      - |   |                           - |   |                1,338 |   |                            - |   |   |
|  Distribution to minority shareholders                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |          (2,644 |  )  |   |             - |   |             - |   |             - |   |                 - |   |                    - |   |                      - |   |                           - |   |                        - |   |                  (2,644 |  )  |   |
|  Net loss                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |          (5,161 | )  |   |             - |   |             - |   |             - |   |                - |   |                    - |   |                (774) |   |                           - |   |                  (774 | )  |                  (4,387 | )  |                     (774) |
|    Comprehensive income - June 30, 2009                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |  $                   116 |
|  Balance as of June 30, 2009                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 |  $  (187,827 | )  |   |  $     294 |   |  $     235 |   |  $         - |   |  $ (18,005) |   |  $  1,103,257 |   |  $  (1,239,864 | )  |  $           (33,744 | ) |  $       (187,827 | )  |  $                        - |   |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                                                                    The accompanying notes are an integral part of the unaudited consolidated financial statements. |

|  LIN TV Corp.                                                                              |
|-------------------------------------------------------------------------------------------------|
| Consolidated Statements of Cash Flows                                                           |
| (unaudited)                                                                                     |
|                                                                                            |   | Six months ended June 30, |   |
|                                                                                            |   | 2010 |   | 2009 |   |
|                                                                                            |   |   |   |   |   |
| OPERATING ACTIVITIES:                                                                           |   | (in thousands) |   |
| Net income (loss)                                                                               |   | $ | 7,145 |   | $ | (774 | ) |
| Loss from discontinued operations                                                               |   |   | - |   |   | 446 |   |
| Adjustment to reconcile net income (loss) to net cash provided by operating activities:         |   |   |   |   |   |   |   |
| Depreciation                                                                                    |   |   | 14,048 |   |   | 15,574 |   |
| Amortization of intangible assets                                                               |   |   | 821 |   |   | 40 |   |
| Impairment of goodwill, broadcast licenses and broadcast equipment                              |   |   | - |   |   | 39,894 |   |
| Amortization of financing costs and note discounts                                              |   |   | 2,422 |   |   | 1,832 |   |
| Amortization of program rights                                                                  |   |   | 12,046 |   |   | 11,904 |   |
| Program payments                                                                                |   |   | (14,128 | ) |   | (11,752 | ) |
| Loss (gain) on extinguishment of debt                                                           |   |   | 2,749 |   |   | (50,149 | ) |
| Loss (gain) on derivative instruments                                                           |   |   | 3,065 |   |   | (5 | ) |
| Share of loss in equity investments                                                             |   |   | 94 |   |   | - |   |
| Deferred income taxes, net                                                                      |   |   | 3,820 |   |   | 8,699 |   |
| Stock-based compensation                                                                        |   |   | 2,498 |   |   | 1,338 |   |
| Gain from asset dispositions                                                                    |   |   | (2,211 | ) |   | (2,658 | ) |
| Other, net                                                                                      |   |   | (186 | ) |   | 2,109 |   |
| Changes in operating assets and liabilities:                                                    |   |   |   |   |   |   |   |
| Accounts receivable                                                                             |   |   | (3,519 | ) |   | 7,019 |   |
| Other assets                                                                                    |   |   | 1,092 |   |   | (1,168 | ) |
| Accounts payable                                                                                |   |   | 1,779 |   |   | (1,889 | ) |
| Accrued interest expense                                                                        |   |   | 3,710 |   |   | (994 | ) |
| Other liabilities and accrued expenses                                                          |   |   | (1,368 | ) |   | (18,854 | ) |
| Net cash provided by operating activities, continuing operations                                |   |   | 33,877 |   |   | 612 |   |
| Net cash used in operating activities, discontinued operations                                  |   |   | - |   |   | (101 | ) |
| Net cash provided by operating activities                                                       |   |   | 33,877 |   |   | 511 |   |
|                                                                                            |   |   |   |   |   |   |   |
| INVESTING ACTIVITIES:                                                                           |   |   |   |   |   |   |   |
| Capital expenditures                                                                            |   |   | (9,010 | ) |   | (3,493 | ) |
| Change in restricted cash                                                                       |   |   | 2,000 |   |   | - |   |
| Proceeds from the sale of assets                                                                |   |   | 181 |   |   | - |   |
| Payments on derivative instruments                                                              |   |   | (805 | ) |   | - |   |
| Shortfall loan to joint venture with NBC Universal (Note 3)                                |   |   | (3,875 | ) |   | - |   |
| Other investments, net                                                                          |   |   | (1,980 | ) |   | - |   |
| Net cash used in investing activities, continuing operations                                    |   |   | (13,489 | ) |   | (3,493 | ) |
| Net cash provided by investing activities, discontinued operations                              |   |   | 660 |   |   | 5,875 |   |
| Net cash (used in) provided by investing activities                                             |   |   | (12,829 | ) |   | 2,382 |   |
|                                                                                            |   |   |   |   |   |   |   |
| FINANCING ACTIVITIES:                                                                           |   |   |   |   |   |   |   |
| Net proceeds on exercises of employee and director stock based compensation                     |   |   | 387 |   |   | - |   |
| Proceeds from borrowings on long-term debt                                                      |   |   | 213,000 |   |   | 78,000 |   |
| Principal payments on long-term debt                                                            |   |   | (231,899 | ) |   | (79,305 | ) |
| Payment of long-term debt issue costs                                                           |   |   | (4,732 | ) |   | - |   |
| Net cash used in financing activities, continuing operations                                    |   |   | (23,244 | ) |   | (1,305 | ) |
| Net cash used in financing activities, discontinued operations                                  |   |   | (445 | ) |   | (2,644 | ) |
| Net cash used in financing activities                                                           |   |   | (23,689 | ) |   | (3,949 | ) |
|                                                                                            |   |   |   |   |   |   |   |
| Net decrease in cash and cash equivalents                                                       |   |   | (2,641 | ) |   | (1,056 | ) |
| Cash and cash equivalents at the beginning of the period                                        |   |   | 11,105 |   |   | 20,106 |   |
| Cash and cash equivalents at the end of the period                                              |   | $ | 8,464 |   | $ | 19,050 |   |
|                                                                                            |   |   |   |   |   |   |   |
| The accompanying notes are an integral part of the unaudited consolidated financial statements. |   |

|                                                 |   | Three Months Ended June 30, |   | Six Months Ended June 30, |   |
|------------------------------------------------------|--------|----------------------------------|--------|---------------------------|--------|
|                                                 |   | 2010                             |   | 2010                      |   |
|                                                 |   |                             |   |                      |   |
| Numerator for income per common share calculation:   |   |                             |   |                      |   |
|                                                 |   |                             |   |                      |   |
| Net income available to common shareholders          |   | $                                | 3,644  |                      |   | $ | 7,145 |   |
|                                                 |   |                             |   |                      |   |   |   |   |
| Denominator for income per common share calculation: |   |                             |   |                      |   |   |   |   |
|                                                 |   |                             |   |                      |   |   |   |   |
| Weighted-average common shares, basic                |   |                             | 53,785 |                      |   |   | 53,195 |   |
| Effect of dilutive securities:                       |   |                             |   |                      |   |   |   |   |
|      Stock options          |   |                             | 1,839  |                      |   |   | 1,667 |   |
| Weighted-average common shares, diluted              |   |                             | 55,624 |                      |   |   | 54,862 |   |

|                                          |   | Three Months Ended June 30, |   |   | Six Months Ended June 30, |   |
|-----------------------------------------------|--------|-----------------------------|--------|--------|---------------------------|--------|
|                                          |   | 2010                        |   |   | 2009                      |   |   | 2010 |   |   | 2009 |   |
|                                          |   |                        |   |   |                      |   |   |   |   |   |   |   |
| Net income (loss)                             |   | $                           | 3,644  |   |                      | $      | (25,496 | ) |   | $ | 7,145 |   |   | $ | (774 | )  |
| Amortization of prior service cost on pension |   |                        | -      |   |                      |   | 5 |   |   |   | - |   |   |   | 9 |   |
| Amortization of pension net loss              |   |                        | 56     |   |                      |   | (28 | ) |   |   | 114 |   |   |   | 50 |   |
| Unrealized loss on cash flow hedge            |   |                        | 2,276  |   |                      |   | 390 |   |   |   | 2,516 |   |   |   | 831 |   |
| Total comprehensive income (loss)        |   | $                           | 5,976  |   |                      | $      | (25,129 | )  |   | $ | 9,775 |   |   | $ | 116 |   |

|           |   | Three Months Ended June 30, |   |   | Six MonthsEnded  June 30, |   |
|----------------|--------|-----------------------------|--------|--------|--------------------------------|--------|
|           |   | 2009                        |   |   | 2009                           |   |
|           |   |                        |   |   |                           |   |
| Net revenues   |   | $                           | 191    |   |                           | $      | 823 |   |
| Operating loss |   |                        | (1,143 | )      |                           |   | (3,141 | ) |
| Net loss       |   |                        | (162   | )      |                           |   | (446 | ) |

|                                                     |   | Three Months Ended June 30, |    |   | Six Months Ended June 30, |   |
|----------------------------------------------------------|--------|-----------------------------|---------|--------|---------------------------|--------|
|                                                     |   | 2010                        |    |   | 2009                      |   |   | 2010 |   |   | 2009 |   |
|                                                     |   |                        |    |   |                      |   |   |   |   |   |   |   |
| Cash distributions to SVH from SVO                       |   | $                           | 12,817  |   |                      | $      | 10,972 |   |   | $ | 13,775 |   |   | $ | 27,430 |   |
|                                                     |   |                        |    |   |                      |   |   |   |   |   |   |   |   |   |   |   |
| Income to SVH                                            |   | $                           | 11,119  |   |                      | $      | 6,501 |   |   | $ | 24,972 |   |   | $ | 9,229 |   |
| Other expense, net (primarily interest on the GECC note) |   |                        | (16,491 | )      |                      |   | (16,491 | ) |   |   | (32,984 | ) |   |   | (32,982 | ) |
| Net loss of SVH                                          |   | $                           | (5,372  | )      |                      | $      | (9,990 | ) |   | $ | (8,012 | ) |   | $ | (23,753 | ) |
|                                                     |   |                        |    |   |                      |   |   |   |   |   |   |   |   |   |   |   |
| Shortfall loans to SVH from LIN Television               |   | $                           | 754     |   |                      | $      | - |   |   | $ | 3,875 |   |   | $ | - |   |
| Shortfall loans to SVH from NBC Universal                |   | $                           | 2,946   |   |                      | $      | - |   |   | $ | 12,192 |   |   | $ | - |   |

|                                          |   | June 30, 2010         |    |   | December 31, 2009                    |   |
|-----------------------------------------------|--------|-----------------------|---------|--------|--------------------------------------|--------|
|                                          |   | Gross Carrying Amount |    |   | Accumulated   Amortization |   |   | Gross Carrying Amount |   |   | Accumulated Amortization |   |
|                                          |   |                  |    |   |                                 |   |   |   |   |   |   |   |
| Goodwill                                      |   | $                     | 117,259 |   |                                 | $      | - |   |   | $ | 117,259 |   |   | $ | - |   |
| Broadcast licenses                            |   |                  | 391,801 |   |                                 |   |   - |   |   |   | 391,801 |   |   |   |     - |   |
| Intangible assets subject to amortization (1) |   |                  | 14,403  |   |                                 |   | (8,148 | ) |   |   | 14,403 |   |   |   | (7,327 | ) |
| Total intangible assets                       |   | $                     | 523,463 |   |                                 | $      | (8,148 | ) |   | $ | 523,463 |   |   | $ | (7,327 | ) |

| (1)   | Intangible assets subject to amortization are amortized on a straight line basis and include acquired customer relationships, brand names, non-compete agreements, internal-use software, favorable operating leases, tower rental income leases, option agreements and network affiliations. |
|-----------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|                                                                                                                                                         |   |     |          |   |                   |   |
|--------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|---------------|---------------|--------|------------------------|--------|
|                                                                                                                                                         |   | June 30, 2010 |          |   | December 31, 2009 |   |
| Senior secured credit facility:                                                                                                                              |   |          |          |   |                   |   |
| Revolving credit loans                                                                                                                                       |   | $             | 36,062        |   |                   | $      |  204,000 |   |
| Term loans                                                                                                                                                   |   |          | 11,225        |   |                   |   |  61,975 |   |
| 83⁄8%  Senior Notes due 2018                                                                                                                   |   |          | 200,000       |   |                   |   | - |   |
| 61⁄2% Senior Subordinated Notes due 2013                                                                                                                  |   |          | 275,883       |   |                   |   | 275,883 |   |
| $141,316 61⁄2% Senior Subordinated Notes - Class B due 2013, net of discount of $4,240 and $4,965 as of June 30, 2010 and December 31, 2009, respectively |   |          | 137,076       |   |                   |   | 136,351 |   |
| $2,157 LIN-RMM Note, net of discount of $80 and $160 as of June 30, 2010 and December 31, 2009, respectively                                                 |   |          | 2,077         |   |                   |   | 1,997 |   |
| $1,387 and $1,598 RMM Note, net of premium of $93 and $112 as of June 30, 2010 and December 31, 2009, respectively                                           |   |          | 1,480         |   |                   |   | 1,710 |   |
| $1,121 RMM Bank Note, net of discount of $41 and $83 as of June 30, 2010 and December 31, 2009, respectively                                                 |   |          | 1,080         |   |                   |   | 1,038 |   |
| Total debt                                                                                                                                                   |   |          | 664,883       |   |                   |   | 682,954 |   |
| Less current portion                                                                                                                                         |   |          | 6,990         |   |                   |   | 16,372 |   |
| Total long-term debt                                                                                                                                         |   | $             |  657,893 |   |                   | $      | 666,582 |   |

|            |   | June 30, 2010 |    |   | December 31, 2009 |   |
|-----------------|--------|---------------|---------|--------|-------------------|--------|
| Carrying amount |   | $             | 664,883 |   |              | $      | 682,954 |   |
| Fair value      |   |          | 658,858 |   |              |   | 616,247 |   |

|                           |   | Loss (Gain) on Derivative Instruments |   |
|--------------------------------|--------|---------------------------------------|--------|
|                           |   | Three Months Ended June 30,           |   |   | Six Months Ended June 30, |   |
|                           |   | 2010                                  |   |   | 2009 |   |   | 2010 |   |   | 2009 |   |
| Mark-to-Market Adjustments on: |   |                                  |   |   |   |   |   |   |   |   |   |   |
| 2006 interest rate hedge       |   | $                                     | 3,056  |   |   | $ | (225 | ) |   | $ | 3,065 |   |   | $ | (5 | ) |

|                           |   | Comprehensive Income, Net of Tax |   |
|--------------------------------|--------|----------------------------------|--------|
|                           |   | Three Months Ended June 30,      |   |   | Six Months Ended June 30, |   |
|                           |   | 2010                             |   | 2009 |   |   | 2010 |   |   | 2009 |   |
| Mark-to-Market Adjustments on: |   |                             |   |   |   |   |   |   |   |   |   |
| 2006 interest rate hedge       |   | $                                | 2,276  |   | $ | 390 |   |   | $ | 2,516 |   |   | $ | 831 |   |

|                                      |   |                            |   |
|-------------------------------------------|--------|---------------------------------|--------|
|                                      |   | Quoted prices in active markets |   |   | Significant observable inputs |   |   | Significant unobservable inputs |   |   | Total |   |
|                                      |   | (Level 1)                       |   |   | (Level 2) |   |   | (Level 3) |   |
| June 30, 2010                             |   |                            |   |   |   |   |   |   |   |   |   |   |
| Assets:                                   |   |                            |   |   |   |   |   |   |   |   |   |   |
| Deferred compensation related investments |   | $                               | 1,369  |   |   | $ | - |   |   | $ | - |   |   | $ | 1,369 |   |
|                                      |   |                            |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Liabilities:                              |   |                            |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| 2006 interest rate hedge                  |   | $                               | -      |   |   | $ | 3,126 |   |   | $ | - |   |   | $ | 3,126 |   |
| Deferred compensation related liabilities |   |                            | 1,369  |   |   |   | - |   |   |   | - |   |   |   | 1,369 |   |
|                                      |   |                            |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| December 31, 2009                         |   |                            |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Assets:                                   |   |                            |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Deferred compensation related investments |   | $                               | 2,454  |   |   | $ | - |   |   | $ | - |   |   | $ | 2,454 |   |
|                                      |   |                            |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Liabilities:                              |   |                            |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| 2006 interest rate hedge                  |   | $                               | -      |   |   | $ | 4,181 |   |   | $ | - |   |   | $ | 4,181 |   |
| Deferred compensation related liabilities |   |                            | 2,454  |   |   |   | - |   |   |   | - |   |   |   | 2,454 |   |
| Equity value shortfall amount             |   |                            | -      |   |   |   | - |   |   |   | 627 |   |   |   | 627 |   |

|                                        |   | Equity Value  Shortfall Amount |   |
|---------------------------------------------|--------|-------------------------------------|--------|
| Balance as of December 31, 2009             |   | $                                   | 627    |   |
| Realized gain from the change in fair value |   |                                | (627   | ) |
| Balance as of June 30, 2010                 |   | $                                   | -      |   |

|                                        |   | Three Months Ended June 30, |   |   | Six Months Ended June 30, |   |
|---------------------------------------------|--------|-----------------------------|--------|--------|---------------------------|--------|
|                                        |   | 2010                        |   |   | 2009                      |   |   | 2010 |   |   | 2009 |   |
| Net periodic pension benefit cost:          |   |                        |   |   |                      |   |   |   |   |   |   |   |
| Service cost                                |   | $                           | -      |   |                      | $      | (15 | ) |   | $ | - |   |   | $ | 385 |   |
| Interest cost                               |   |                        | 1,525  |   |                      |   | 1,563 |   |   |   | 3,046 |   |   |   | 3,178 |   |
| Expected return on plan assets              |   |                        | (1,611 | )      |                      |   | (1,641 | ) |   |   | (3,223 | ) |   |   | (3,328 | ) |
| Amortization of prior service cost          |   |                        | -      |   |                      |   | - |   |   |   | - |   |   |   | 31 |   |
| Amortization of pension net loss (gain)     |   |                        | 92     |   |                      |   | (31 | ) |   |   | 188 |   |   |   | 165 |   |
| Curtailment                                 |   |                        | -      |   |                      |   | - |   |   |   | - |   |   |   | 438 |   |
| Net periodic pension benefit cost (benefit) |   | $                           | 6      |   |                      | $      | (124 | ) |   | $ | 11 |   |   | $ | 869 |   |
| Contributions                               |   |                        |   |   |                      |   |   |   |   |   |   |   |   |   |   |   |
| 401(k) Plan                                 |   | $                           | 896    |   |                      | $      | 65 |   |   | $ | 1,772 |   |   | $ | 337 |   |
| Defined benefit retirement plans            |   |                        | 900    |   |                      |   | - |   |   |   | 900 |   |   |   | - |   |
| Total contributions                         |   | $                           | 1,796  |   |                      | $      | 65 |   |   | $ | 2,672 |   |   | $ | 337 |   |

|                    |   |                            |   |   |                              |   |
|-------------------------|--------|---------------------------------|--------|--------|-----------------------------------|--------|
| Year                    |   | Operating Leases and Agreements |   |   | Syndicated Television Programming |   |   | Total |   |
| 2010                    |   | $                               | 16,696 |   |                              | $      | 26,312 |   |   | $ | 43,008 |   |
| 2011                    |   |                            | 13,101 |   |                              |   | 23,781 |   |   |   | 36,882 |   |
| 2012                    |   |                            | 12,383 |   |                              |   | 15,779 |   |   |   | 28,162 |   |
| 2013                    |   |                            | 4,533  |   |                              |   | 6,637 |   |   |   | 11,170 |   |
| 2014                    |   |                            | 2,760  |   |                              |   | 1,346 |   |   |   | 4,106 |   |
| Thereafter              |   |                            | 360    |   |                              |   | - |   |   |   | 360 |   |
| Total commitments       |   |                            | 49,833 |   |                              |   | 73,855 |   |   |   | 123,688 |   |
| Less recorded contracts |   |                            | -      |   |                              |   | (9,453 | ) |   |   | (9,453 | ) |
| Unrecorded commitments  |   | $                               | 49,833 |   |                              | $      | 64,402 |   |   | $ | 114,235 |   |

| ·   | GECC, after exhausting all remedies against the joint venture, could enforce its rights under the guarantee, which could cause LIN TV to determine that LIN Television should seek to sell material assets owned by it in order to satisfy LIN TV’s obligations under the guarantee; |
|--------------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | GECC’s initiation of proceedings against LIN TV under the guarantee, if they result in material adverse consequences to LIN Television, could cause an acceleration of LIN Television’s senior secured credit facility and other outstanding indebtedness; and |
|--------------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | if the GECC Note is prepaid because of an acceleration on default or otherwise, we would incur a substantial tax liability of approximately $273.6 million related to our deferred gain associated with the formation of the joint venture. |
|--------------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|                                             |   | Three Months Ended June 30, |    | Six Months Ended June 30, |   |
|--------------------------------------------------|--------|-----------------------------|---------|---------------------------|--------|
|                                             |   | 2010                        |    | 2009                      |   | % change |   | % of 2010 Gross revenues |   | 2010 |   | 2009 |   | % change |   |   | % 2010 of Gross revenues |   |
|                                             |   |                        |    |                      |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Local time sales                                 |   | $                           | 59,239  |                      | $      | 54,300 |   | 9 | % | 53% |   | $ | 115,294 |   | $ | 104,702 |   | 10 | % |   | 53% |   |
| National time sales                              |   |                        | 30,072  |                      |   | 24,427 |   | 23 | % | 27% |   |   | 58,285 |   |   | 46,372 |   | 26 | % |   | 27% |   |
| Political time sales                             |   |                        | 5,262   |                      |   | 1,364 |   | 286 | % | 4% |   |   | 8,695 |   |   | 1,883 |   | 362 | % |   | 4% |   |
| Digital revenues                                 |   |                        | 14,654  |                      |   | 10,201 |   | 44 | % | 13% |   |   | 27,812 |   |   | 19,136 |   | 45 | % |   | 13% |   |
| Network compensation                             |   |                        | 1,067   |                      |   | 1,036 |   | 3 | % | 1% |   |   | 2,007 |   |   | 1,959 |   | 2 | % |   | 1% |   |
| Barter revenues                                  |   |                        | 1,489   |                      |   | 1,143 |   | 30 | % | 1% |   |   | 2,797 |   |   | 2,027 |   | 38 | % |   | 1% |   |
| Other revenues                                   |   |                        | 747     |                      |   | 946 |   | -21 | % | 1% |   |   | 1,636 |   |   | 1,937 |   | -16 | % |   | 1% |   |
| Total gross revenues                             |   |                        | 112,530 |                      |   | 93,417 |   | 20 | % | 100% |   |   | 216,526 |   |   | 178,016 |   | 22 | % |   | 100% |   |
| Agency commissions                               |   |                        | (13,070 | )                         |   | (10,900 | ) | 20 | % | -12% |   |   | (25,221 | ) |   | (21,024 | ) | 20 | % |   | -12% |   |
|       Net revenues |   |                        | 99,460  |                      |   | 82,517 |   | 21 | % | 88% |   |   | 191,305 |   |   | 156,992 |   | 22 | % |   | 88% |   |
|                                             |   |                        |    |                      |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Operating costs and expenses:                    |   |                        |    |                      |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Direct operating                                 |   |                        | 29,823  |                      |   | 26,533 |   | 12 | % |   |   |   | 59,128 |   |   | 53,448 |   | 11 | % |   |   |   |
| Selling, general and administrative              |   |                        | 26,652  |                      |   | 24,746 |   | 8 | % |   |   |   | 52,076 |   |   | 50,362 |   | 3 | % |   |   |   |
| Amortization of program rights                   |   |                        | 5,840   |                      |   | 5,572 |   | 5 | % |   |   |   | 12,046 |   |   | 11,904 |   | 1 | % |   |   |   |
| Corporate                                        |   |                        | 6,694   |                      |   | 4,569 |   | 47 | % |   |   |   | 11,878 |   |   | 8,987 |   | 32 | % |   |   |   |
| Depreciation                                     |   |                        | 6,948   |                      |   | 7,448 |   | -7 | % |   |   |   | 14,048 |   |   | 15,574 |   | -10 | % |   |   |   |
| Amortization of intangible assets                |   |                        | 412     |                      |   | 20 |   | 1960 | % |   |   |   | 821 |   |   | 40 |   | 1953 | % |   |   |   |
| Impairment of goodwill and intangible assets     |   |                        | -       |                      |   | 39,894 |   | -100 | % |   |   |   | - |   |   | 39,894 |   | -100 | % |   |   |   |
| Restructuring charge                             |   |                        | 63      |                      |   | 498 |   | -87 | % |   |   |   | 2,181 |   |   | 498 |   | 338 | % |   |   |   |
| Gain from asset sales                            |   |                        | (2,030  | )                         |   | (949 | ) | 114 | % |   |   |   | (2,211 | ) |   | (2,658 | ) | -17 | % |   |   |   |
| Total operating costs and expenses               |   |                        | 74,402  |                      |   | 108,331 |   | -31 | % |   |   |   | 149,967 |   |   | 178,049 |   | -16 | % |   |   |   |
| Operating income (loss)                          |   | $                           | 25,058  |                      | $      | (25,814 | ) | 197 | % |   |   | $ | 41,338 |   | $ | (21,057 | ) | 296 | % |   |   |   |

|                                          |   | Three Months Ended June 30, |   | Six Months Ended June 30, |   |
|-----------------------------------------------|--------|-----------------------------|--------|---------------------------|--------|
|                                          |   | 2010                        |   | 2009                      |   | 2010 |   | 2009 |   |
| Components of interest expense                |   |                        |   |                      |   |   |   |   |   |
| Senior Secured Credit Facility                |   | $                           | 1,109  |                      | $      | 1,796 |   | $ | 4,378 |   | $ | 3,607 |   |
| 83⁄8% Senior Notes                        |   |                        | 3,774  |                      |   | - |   |   | 3,774 |   |   | - |   |
| 61⁄2% Senior Subordinated Notes            |   |                        | 4,714  |                      |   | 4,714 |   |   | 9,378 |   |   | 9,898 |   |
| 61⁄2% Senior Subordinated Notes -- Class B |   |                        | 2,779  |                      |   | 2,775 |   |   | 5,531 |   |   | 5,927 |   |
| RMM Notes                                     |   |                        | 104    |                      |   | - |   |   | 210 |   |   | - |   |
| Other interest costs                          |   |                        | 948    |                      |   | 848 |   |   | 1,872 |   |   | 1,623 |   |
| Total interest expense, net                   |   | $                           | 13,428 |                      | $      | 10,133 |   | $ | 25,143 |   | $ | 21,055 |   |

| · |      During the six months ended June 30, 2010, we experienced a 22% increase in revenues compared to the same period in 2009.  During the remainder of 2010, we expect that continued recovery compared to the prior year, along with incremental political revenues generated in 2010, will favorably impact our liquidity position. |
|--------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| · |      Our joint venture with NBC Universal has been adversely impacted by the economic downturn. As described in our 10-K for the year ended December 31, 2009, during 2009 we entered into the Original Shortfall Funding Agreement with NBC Universal. Because of anticipated future cash shortfalls during 2010 at the joint venture, on March 9, 2010, we and NBC Universal entered into the 2010 Shortfall Funding Agreement covering the period through April 1, 2011.  Under the terms of the 2010 Shortfall Funding Agreement, we agreed that if the joint venture does not have sufficient cash to fund interest payments on the GECC Note through April 1, 2011, we and NBC Universal would each provide the joint venture with a shortfall loan on the basis of our respective percentage of economic interest in the joint venture. As of December 31, 2009, we had accrued $6.0 million for our probable and estimable obligations under the Shortfall Funding Agreements, attributable to the joint venture's debt service. On March 25, 2010 and June 22, 2010, pursuant to the Shortfall Funding Agreements, we made shortfall loans in the principal amounts of $3.1 million and $0.8 million, respectively, to the joint venture.  As a result, we have a remaining shortfall funding accrual of $2.1 million as of June 30, 2010, which we expect to fund during the remainder of 2010 and through April 1, 2011. |
|--------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| · |      As described further below in “Description of Indebtedness”, on April 12, 2010 LIN Television completed an offering of its 83⁄8% Senior Notes in an aggregate principal amount of $200.0 million, and used the proceeds of such offering to repay amounts outstanding under our senior secured credit facility.  In connection with the offering, we made a mandatory prepayment of principal of $148.9 million and $45.9 million on our revolving credit loans and our term loans, plus accrued interest, respectively, which resulted in a reduction of our revolving credit commitments, from $225.0 million to $76.1 million.  Further, as a result of the $45.9 million repayment of principal on our term loans, the mandatory annual principal amortization of term loans was reduced from $15.9 million to $3.3 million.  |
|--------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|                                                    |   | 2010           |   |   | 2011-2012 |   |   | 2013-2014 |    | 2015 and   thereafter |   | Total   |   |
|---------------------------------------------------------|--------|----------------|--------|--------|-----------|--------|--------|-----------|---------|---------------------------------|--------|---------|--------|
|                                                    |   | (in thousands) |   |
| Principal payments and mandatory redemptions on debt(1) |   | $              | 6,925  |   | $         | 53,039 |   | $         | 417,199 |                            | $      | 200,000 |   | $ | 677,163 |   |
| Cash interest on debt(2)                                |   |           | 43,404 |   |      | 88,076 |   |      | 36,032  |                            |   | 55,135  |   |   | 222,647 |   |
| Program rights(3)                                       |   |           | 26,312 |   |      | 39,560 |   |      | 7,983   |                            |   | -       |   |   | 73,855 |   |
| Operating agreements(4)                                 |   |           | 15,388 |   |      | 24,442 |   |      | 6,636   |                            |   | -       |   |   | 46,466 |   |

| (1) | We are obligated to make mandatory quarterly principal payments and to use proceeds of asset sales not reinvested to pay-down the term loans under our senior secured credit facility. Additionally, we are required to make mandatory prepayments of principal on our term loans subject to a computation of excess cash following the delivery of our year-end financial statements as described in “Description of Indebtedness” in Item 7. "Management's Discussion and Analysis of Financial Condition and Results of Operations" in our 10-K for the year ended December 31, 2009. We are also obligated to repay in full our senior secured credit facility on November 4, 2011, each of our 61⁄2% Senior Subordinated Notes and 61⁄2% Senior Subordinated Notes – Class B on May 15, 2013 and our 83⁄8% Senior Notes on April 15, 2018. The amount does not include any potential amounts that may be paid related to the GECC Note as described in Note 11 – “Commitments and Contingencies.” |
|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (2) | We have contractual obligations to pay cash interest on our senior secured credit facility, as well as commitment fees of 0.50% on our revolving credit facility through November 2011, and on each of our 61⁄2% Senior Subordinated Notes and 61⁄2% Senior Subordinated Notes – Class B through 2013, our 83⁄8% Senior Notes through 2018, and our RMM Notes, as described in “Description of Indebtedness” in Item 7. "Management's Discussion and Analysis of Financial Condition and Results of Operations" in our 10-K for the year ended December 31, 2009. |
|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (3) | We have entered into commitments for future syndicated news, entertainment and sports programming. We have recorded $9.5 million of program obligations as of June 30, 2010 and we have unrecorded commitments of $58.2 million for programming that is not available to air as of June 30, 2010. |
|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (4) | We have entered into a variety of agreements for services used in the operation of our stations including rating services, consulting and research services, news video services, news weather services, marketing services and other operating contracts under non-cancelable operating agreements. |
|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|                                            |   | Six Months Ended June 30, |    |   | 2010 vs. 2009 |   |
|-------------------------------------------------|--------|---------------------------|---------|--------|---------------|--------|
|                                            |   | 2010                      |    |   | 2009          |   |   |   |
| Cash provided by operating activities           |   | $                         | 33,877  |   |          | $      | 511 |   |   | $ | 33,366 |   |
| Cash (used in) provided by investing activities |   |                      | (12,829 | )      |          |   | 2,382 |   |   |   | (15,211 | ) |
| Cash used in financing activities               |   |                      | (23,689 | )      |          |   | (3,949 | ) |   |   | (19,740 | ) |
| Net decrease in cash and cash equivalents       |   | $                         | (2,641  | )      |          | $      | (1,056 | ) |   | $ | (1,585 | ) |

|                                                                                                                                                         |   | June 30, 2010                                                                                                             |   | December 31, 2009                                                                                                                                  |
|--------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|---------------------------------------------------------------------------------------------------------------------------|--------|----------------------------------------------------------------------------------------------------------------------------------------------------|
|                                                                                                                                                         |   |                                                                                                                      |
| Senior secured credit facility:                                                                                                                              |   |                                                                                                                      |   |                                                                                                                                               |
| Revolving credit loans                                                                                                                                       |   |  $                  36,062 |   |    $             204,000                                                     |
| Term loans                                                                                                                                                   |   |  11,225                                                                                                              |   |  61,975                                                                                                                                       |
| 83⁄8%  Senior Notes due 2018                                                                                                                   |   |  200,000                                                                                                             |   |                          - |
| 61⁄2% Senior Subordinated Notes due 2013                                                                                                                  |   |  275,883                                                                                                             |   |  275,883                                                                                                                                      |
| $141,316 61⁄2% Senior Subordinated Notes - Class B due 2013, net of discount of $4,240 and $4,965 as of June 30, 2010 and December 31, 2009, respectively |   |  137,076                                                                                                             |   |  136,351                                                                                                                                      |
| $2,157 LIN-RMM Note, net of discount of $80 and $160 as of June 30, 2010 and December 31, 2009, respectively                                            |   |  2,077                                                                                                               |   |  1,997                                                                                                                                        |
| $1,387 and $1,598 RMM Note, net of premium of $93 and $112 as of June 30, 2010 and December 31, 2009, respectively                                           |   |  1,480                                                                                                               |   |  1,710                                                                                                                                        |
| $1,121 RMM Bank Note, net of discount of $41 and $83 as of June 30, 2010 and December 31, 2009, respectively                                                 |   |  1,080                                                                                                               |   |  1,038                                                                                                                                        |
| Total debt                                                                                                                                                   |   |  664,883                                                                                                             |   |  682,954                                                                                                                                      |
| Less current portion                                                                                                                                         |   |  6,990                                                                                                               |   |  16,372                                                                                                                                       |
| Total long-term debt                                                                                                                                         |   |  $                657,893                 |   |  $             666,582                                                            |

| 3.1    | Second Amended and Restated Certificate of Incorporation of LIN TV Corp., as amended (filed as Exhibit 3.1 to our Quarterly Report on Form 10-Q filed as of August 9, 2004 (File Nos. 001-31311 and 000-25206) and incorporated by reference herein)                                |
|--------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|   |                                                                                                                                                                                                                                                                                |
| 3.2    | Third Amended and Restated Bylaws of LIN TV Corp., filed as Exhibit 3.2 (filed as Exhibit 3.2 to our Report on Form 10-K filed as of March 14, 2008 (File Nos. 001-31311 and 000-25206) and incorporated by reference herein).                                                      |
|   |                                                                                                                                                                                                                                                                                |
| 3.3    | Restated Certificate of Incorporation of LIN Television Corporation (filed as Exhibit 3.1 to the Quarterly Report on Form 10-Q of LIN TV Corp. and LIN Television Corporation for the fiscal quarter ended June 30, 2003 (File No. 000-25206) and incorporated by reference herein) |
|   |                                                                                                                                                                                                                                                                                |
| 4.1    | Specimen of stock certificate representing LIN TV Corp. Class A Common stock, par value $.01 per share (filed as Exhibit 4.1 to LIN TV Corp.’s Registration Statement on Form S-1 (Registration No. 333-83068) and incorporated by reference herein)                          |
|   |                                                                                                                                                                                                                                                                                |
| 10.1   | Amendment to Employment Agreement dated July 29, 2010 between LIN TV Corp., LIN Television Corporation and Vincent L. Sadusky, filed as Exhibit 10.1 herein.                                                                                                                        |   |
|   |                                                                                                                                                                                                                                                                                |   |
| 10.2   | Amendment to Employment Agreement dated July 29, 2010 between LIN TV Corp., LIN Television Corporation and Scott M. Blumenthal, filed as Exhibit 10.2 herein.                                                                                                                       |   |
|   |                                                                                                                                                                                                                                                                                |   |
| 10.3   | Amendment to Employment Agreement dated July 29, 2010 between LIN TV Corp., LIN Television Corporation and Denise M. Parent, filed as Exhibit 10.3 herein.                                                                                                                          |   |
|   |                                                                                                                                                                                                                                                                                |   |
| 10.4   | Amendment to Employment Agreement dated July 29, 2010 between LIN TV Corp., LIN Television Corporation and Richard J. Schmaeling, filed as Exhibit 10.4 herein.                                                                                                                     |   |
|   |                                                                                                                                                                                                                                                                                |   |
| 10.5   | Amendment to Employment Agreement dated July 29, 2010 between LIN TV Corp., LIN Television Corporation and Robert S. Richter, filed as Exhibit 10.5 herein.                                                                                                                         |   |
|   |                                                                                                                                                                                                                                                                                |   |
| 10.6   | Amendment to Employment Agreement dated July 29, 2010 between LIN TV Corp., LIN Television Corporation and Nicholas N. Mohamed, filed as Exhibit 10.6 herein.                                                                                                                       |   |
|   |                                                                                                                                                                                                                                                                                |   |
| 10.7   | LIN Television Corporation Supplemental Income Deferral Plan Effective July 1, 2010, filed as Exhibit 10.7 herein.                                                                                                                                                                  |   |
|   |                                                                                                                                                                                                                                                                                |
| 31.1   | Certification pursuant to Section 302 of the Sarbanes-Oxley Act of 2002 of the Chief Executive Officer of LIN TV Corp.                                                                                                                                                              |
|   |                                                                                                                                                                                                                                                                                |
| 31.2   | Certification pursuant to Section 302 of the Sarbanes-Oxley Act of 2002 of the Chief Financial Officer of LIN TV Corp.                                                                                                                                                              |
|   |                                                                                                                                                                                                                                                                                |
| 31.3   | Certification pursuant to Section 302 of the Sarbanes-Oxley Act of 2002 of the Chief Executive Officer of LIN Television Corporation                                                                                                                                                |
|   |                                                                                                                                                                                                                                                                                |
| 31.4   | Certification pursuant to Section 302 of the Sarbanes-Oxley Act of 2002 of the Chief Financial Officer of LIN Television Corporation                                                                                                                                                |
|   |                                                                                                                                                                                                                                                                                |
| 32.1   | Certification pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 of the Chief Executive Officer and Chief Financial Officer of LIN TV Corp.                                                                                                                                  |
|   |                                                                                                                                                                                                                                                                                |
| 32.2   | Certification pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 of the Chief Executive Officer and Chief Financial Officer of LIN Television Corporation                                                                                                                    |

| Item 1. Unaudited Consolidated Financial Statements of LIN Television Corporation |   |   |   | 28 |
|-----------------------------------------------------------------------------------|--------|--------|--------|----|
| Consolidated Balance Sheets                                                       |   |   |   | 28 |
| Consolidated Statements of Operations                                             |   |   |   | 29 |
| Consolidated Statements of Stockholder’s Deficit and Comprehensive Income   |   |   |   | 30 |
| Consolidated Statements of Cash Flows                                             |   |   |   | 32 |
| Notes to Unaudited Consolidated Financial Statements                              |   |   |   | 33 |

| Item 1. Unaudited Consolidated Financial Statements of LIN Television Corporation                                                                                                                                                                                                                                   |   |                              |       |   |         |   |
|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|-----------------------------------|------------|--------|--------------|--------|
|                                                                                                                                                                                                                                                                                                                     |   |                              |       |   |         |   |
|                                              LIN Television Corporation                      |   |                              |
|                                                Consolidated Balance Sheets         |   |                              |       |
|                                                    (unaudited) |   |                              |       |   |
|                                                                                                                                                                                                                                                                                                                     |   | June 30,                          |       |   | December 31, |   |
|                                                                                                                                                                                                                                                                                                                     |   | 2010                              |       |   | 2009         |   |
|                                                                                                                                                                                                                                                                                                                     |   | (in thousands, except share data) |       |
| ASSETS                                                                                                                                                                                                                                                                                                                   |   |                              |       |   |         |   |
| Current assets:                                                                                                                                                                                                                                                                                                          |   |                              |       |   |         |   |
| Cash and cash equivalents                                                                                                                                                                                                                                                                                                |   |                              | 8,464      |   |         | $      | 11,105 |   |
| Restricted cash                                                                                                                                                                                                                                                                                                          |   |                              | -          |   |         |   | 2,000 |   |
| Accounts receivable, less allowance for doubtful accounts (2010 - $2,061; 2009 - $2,272)                                                                                                                                                                                                                                 |   |                              | 77,467     |   |         |   | 73,948 |   |
| Program rights                                                                                                                                                                                                                                                                                                           |   |                              | 1,452      |   |         |   | 2,126 |   |
| Other current assets                                                                                                                                                                                                                                                                                                     |   |                              | 5,929      |   |         |   | 6,402 |   |
| Total current assets                                                                                                                                                                                                                                                                                                     |   |                              | 93,312     |   |         |   | 95,581 |   |
| Property and equipment, net                                                                                                                                                                                                                                                                                              |   |                              | 160,094    |   |         |   | 165,061 |   |
| Deferred financing costs                                                                                                                                                                                                                                                                                                 |   |                              | 8,813      |   |         |   | 8,389 |   |
| Program rights                                                                                                                                                                                                                                                                                                           |   |                              | 985        |   |         |   | 1,400 |   |
| Goodwill                                                                                                                                                                                                                                                                                                                 |   |                              | 117,259    |   |         |   | 117,259 |   |
| Broadcast licenses and other intangible assets, net                                                                                                                                                                                                                                                                      |   |                              | 398,056    |   |         |   | 398,877 |   |
| Other assets                                                                                                                                                                                                                                                                                                             |   |                              | 4,988      |   |         |   | 3,936 |   |
| Total assets                                                                                                                                                                                                                                                                                                             |   | $                                 | 783,507    |   |         | $      | 790,503 |   |
|                                                                                                                                                                                                                                                                                                                     |   |                              |       |   |         |   |   |   |
| LIABILITIES AND STOCKHOLDER'S DEFICIT                                                                                                                                                                                                                                                                                    |   |                              |       |   |         |   |   |   |
| Current liabilities:                                                                                                                                                                                                                                                                                                     |   |                              |       |   |         |   |   |   |
| Current portion of long-term debt                                                                                                                                                                                                                                                                                        |   | $                                 | 6,990      |   |         | $      | 16,372 |   |
| Accounts payable                                                                                                                                                                                                                                                                                                         |   |                              | 8,335      |   |         |   | 6,556 |   |
| Accrued expenses                                                                                                                                                                                                                                                                                                         |   |                              | 41,330     |   |         |   | 41,916 |   |
| Program obligations                                                                                                                                                                                                                                                                                                      |   |                              | 7,914      |   |         |   | 10,319 |   |
| Total current liabilities                                                                                                                                                                                                                                                                                                |   |                              | 64,569     |   |         |   | 75,163 |   |
| Long-term debt, excluding current portion                                                                                                                                                                                                                                                                                |   |                              | 657,893    |   |         |   | 666,582 |   |
| Deferred income taxes, net                                                                                                                                                                                                                                                                                               |   |                              | 167,292    |   |         |   | 162,025 |   |
| Program obligations                                                                                                                                                                                                                                                                                                      |   |                              | 1,539      |   |         |   | 2,092 |   |
| Other liabilities                                                                                                                                                                                                                                                                                                        |   |                              | 48,708     |   |         |   | 53,795 |   |
| Total liabilities                                                                                                                                                                                                                                                                                                        |   |                              | 940,001    |   |         |   | 959,657 |   |
|                                                                                                                                                                                                                                                                                                                     |   |                              |       |   |         |   |   |   |
| Commitments and Contingenices (Note 11)                                                                                                                                                                                                                                                                                  |   |                              |       |   |         |   |   |   |
|                                                                                                                                                                                                                                                                                                                     |   |                              |       |   |         |   |   |   |
| Stockholder's deficit:                                                                                                                                                                                                                                                                                                   |   |                              |       |   |         |   |   |   |
| Common stock, $0.00 par value, 1,000 shares                                                                                                                                                                                                                                                                              |   |                              | -          |   |         |   | - |   |
| Investment in parent company’s stock, at cost                                                                                                                                                                                                                                                                      |   |                              | (7,869     | )      |         |   | (7,869 | ) |
| Additional paid-in capital                                                                                                                                                                                                                                                                                               |   |                              | 1,107,575  |   |         |   | 1,104,690 |   |
| Accumulated deficit                                                                                                                                                                                                                                                                                                      |   |                              | (1,230,913 | )      |         |   | (1,238,058 | ) |
| Accumulated other comprehensive loss                                                                                                                                                                                                                                                                                     |   |                              | (25,287    | )      |         |   | (27,917 | ) |
| Total stockholder's deficit                                                                                                                                                                                                                                                                                              |   |                              | (156,494   | )      |         |   | (169,154 | ) |
| Total liabilities and stockholder's deficit                                                                                                                                                                                                                                                                              |   | $                                 | 783,507    |   |         | $      | 790,503 |   |
|                                                                                                                                                                                                                                                                                                                     |   |                              |       |   |         |   |   |   |
| The accompanying notes are an integral part of the unaudited consolidated financial statements.                                                                                                                                                                                                                          |

|               LIN Television Corporation                                                                                                                                                         |
|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|               Consolidated Statements of Operations                                                                                                                                                   |   |
|         (unaudited)                                                                                                                                                                                                                 |
|                                                                                                                                                                                                                                                                   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                                                                                                                                                                                                                                   |   | Three months ended June 30, |   |   | Six months ended June 30, |   |
|                                                                                                                                                                                                                                                                   |   | 2010 |   |   | 2009 |   |   | 2010 |   |   | 2009 |   |
|                                                                                                                                                                                                                                                                   |   | (in thousands) |   |
|                                                                                                                                                                                                                                                                   |   |   |   |   |   |   |   |   |   |   |   |   |
| Net revenues                                                                                                                                                                                                                                                           |   | $ | 99,460 |   |   | $ | 82,517 |   |   | $ | 191,305 |   |   | $ | 156,992 |   |
|                                                                                                                                                                                                                                                                   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Operating costs and expenses:                                                                                                                                                                                                                                          |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Direct operating                                                                                                                                                                                                                                                       |   |   | 29,823 |   |   |   | 26,533 |   |   |   | 59,128 |   |   |   | 53,448 |   |
| Selling, general and administrative                                                                                                                                                                                                                                    |   |   | 26,652 |   |   |   | 24,746 |   |   |   | 52,076 |   |   |   | 50,362 |   |
| Amortization of program rights                                                                                                                                                                                                                                         |   |   | 5,840 |   |   |   | 5,572 |   |   |   | 12,046 |   |   |   | 11,904 |   |
| Corporate                                                                                                                                                                                                                                                              |   |   | 6,694 |   |   |   | 4,569 |   |   |   | 11,878 |   |   |   | 8,987 |   |
| Depreciation                                                                                                                                                                                                                                                           |   |   | 6,948 |   |   |   | 7,448 |   |   |   | 14,048 |   |   |   | 15,574 |   |
| Amortization of intangible assets                                                                                                                                                                                                                                      |   |   | 412 |   |   |   | 20 |   |   |   | 821 |   |   |   | 40 |   |
| Impairment of goodwill and broadcast licenses                                                                                                                                                                                                                          |   |   | - |   |   |   | 39,894 |   |   |   | - |   |   |   | 39,894 |   |
| Restructuring charge                                                                                                                                                                                                                                                   |   |   | 63 |   |   |   | 498 |   |   |   | 2,181 |   |   |   | 498 |   |
| Gain from asset dispositions                                                                                                                                                                                                                                           |   |   | (2,030 | ) |   |   | (949 | ) |   |   | (2,211 | ) |   |   | (2,658 | ) |
| Operating income (loss)                                                                                                                                                                                                                                                |   |   | 25,058 |   |   |   | (25,814 | ) |   |   | 41,338 |   |   |   | (21,057 | ) |
|                                                                                                                                                                                                                                                                   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Other expense (income):                                                                                                                                                                                                                                                |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Interest expense, net                                                                                                                                                                                                                                                  |   |   | 13,428 |   |   |   | 10,133 |   |   |   | 25,143 |   |   |   | 21,055 |   |
| Share of loss in equity investments                                                                                                                                                                                                                                    |   |   | 94 |   |   |   | - |   |   |   | 94 |   |   |   | - |   |
| Loss (gain) on derivative instruments                                                                                                                                                                                                                                  |   |   | 3,056 |   |   |   | (225 | ) |   |   | 3,065 |   |   |   | (5 | ) |
| Loss (gain) on extinguishment of debt                                                                                                                                                                                                                                  |   |   | 2,749 |   |   |   | - |   |   |   | 2,749 |   |   |   | (50,149 | ) |
| Other, net                                                                                                                                                                                                                                                             |   |   | 28 |   |   |   | (208 | ) |   |   | (682 | ) |   |   | 61 |   |
| Total other expense (income), net                                                                                                                                                                                                                                      |   |   | 19,355 |   |   |   | 9,700 |   |   |   | 30,369 |   |   |   | (29,038 | ) |
|                                                                                                                                                                                                                                                                   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Income (loss) from continuing operations before (benefit from) provision for income taxes                                                                                                                                                                              |   |   | 5,703 |   |   |   | (35,514 | ) |   |   | 10,969 |   |   |   | 7,981 |   |
| Provision for (benefit from) income taxes                                                                                                                                                                                                                              |   |   | 2,059 |   |   |   | (10,180 | ) |   |   | 3,824 |   |   |   | 8,309 |   |
| Income (loss) from continuing operations                                                                                                                                                                                                                               |   |   | 3,644 |   |   |   | (25,334 | ) |   |   | 7,145 |   |   |   | (328 | ) |
| Discontinued operations:                                                                                                                                                                                                                                               |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Loss from discontinued operations, net of a gain from the sale of discontinued operations of $11 for both the three and six months ended June 30, 2009, and a benefit from income taxes of $18 and $677 for the three and six months ended June 30, 2009, respectively |   |   | - |   |   |   | (162 | ) |   |   | - |   |   |   | (446 | ) |
| Net income (loss)                                                                                                                                                                                                                                                      |   | $ | 3,644 |   |   | $ | (25,496 | ) |   | $ | 7,145 |   |   | $ | (774 | ) |
|                                                                                                                                                                                                                                                                   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| The accompanying notes are an integral part of the unaudited consolidated financial statements.                                                                                                                                                                        |   |   |   |   |   |

|     LIN Television Corporation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              |
|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| Consolidated Statements of Stockholders' Deficit and Comprehensive Income                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |
|                                                                                                                                                                               (unaudited) |
|  (in thousands, except share data)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |   Total Deficit |   |   |    Common Stock |   |  Investment in Parent Company's Common Stock, at cost |   |    Additional Paid-In Capital |     |    Accumulated Deficit |    |   Accumulated Other Comprehensive Loss |   |   Total Stockholder's Deficit |   |   Comprehensive Income |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |   | Shares |   | Amount |    |   |   |   |   |   |   |   |   |   |   |
|  Balance as of December 31, 2009                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      |  $  (169,154 | )  |   |    1,000 |   |  $       - |   |  $                              (7,869 | )  |  $  1,104,690 |   |  $  (1,238,058 | )  |  $           (27,917 | ) |  $       (169,154 | )  |   |
|  Amortization of pension net loss, net of tax of $75                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |              114 |   |   |            - |   |             - |   |                                            - |   |                    - |   |                      - |   |                      114 |   |                   114 |   |                       114 |
|  Reclassification of unrealized loss on cash flow hedge, net of tax of $1,603                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         |           2,516 |   |   |            - |   |             - |   |                                            - |   |                    - |   |                      - |   |                   2,516 |   |                2,516 |   |                    2,516 |
|  Stock-based compensation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             |           2,498 |   |   |            - |   |             - |   |                                            - |   |             2,498 |   |                      - |   |                           - |   |                2,498 |   |   |
|  Exercises of stock options under employee compensation plans                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         |              387 |   |   |            - |   |             - |   |                                            - |   |                387 |   |   |   |                           - |   |                   387 |   |   |
|  Net income                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           |           7,145 |   |   |            - |   |             - |   |                                            - |   |                    - |   |              7,145 |   |                           - |   |                7,145 |   |                    7,145 |
|    Comprehensive income - June 30, 2010                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |   |   |   |   |   |   |   |   |   |   |   |   |   |  $                9,775 |
|  Balance as of June 30, 2010                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          |  $  (156,494 | )  |   |    1,000 |   |  $       - |   |  $                              (7,869 | )  |  $  1,107,575 |   |  $  (1,230,913 | )  |  $           (25,287 | )  |  $       (156,494 | ) |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                                       The accompanying notes are an integral part of the unaudited consolidated financial statements.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             |   |   |   |   |

|                                                                                                           Consolidated Statements of Stockholders' Deficit and Comprehensive Income                                                                                                                                                                                                                                                               |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                |    |                                                                |                                                              |                                                                      |                                    |                                                                                                                                                                                                                                                                |
|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|---------|---------------------------------------------------------------------|-------------------------------------------------------------------|---------------------------------------------------------------------------|-----------------------------------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      |                                                                                                   (unaudited)  |    |
|                                                                                                                                                            (in thousands, except share data) |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      |      Total Deficit                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              |    |      Common Stock                               |    Investment in Parent Company's Common Stock, at cost |                                                                      |    Additional Paid-In Capital |                                                                                                                                                                                                                                                                |     Accumulated Deficit |   |   Accumulated Other Comprehensive Loss |   |    Total Stockholder's Deficit |   |     Noncontrolling Interest |   |     Comprehensive Income |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                |    |  Shares                                                        |                                                              |  Amount                                                              |                                    |                                                                                                                                                                                                                                                                |   |   |   |   |   |   |   |   |   |   |   |   |   |
|  Balance as of December 31, 2008                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |  $  (182,250                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         | )  |    1,000                                             |                                                              |  $       -                        |                                    |  $                            (18,005                                                                              | )  |  $  1,102,448 |   |  $  (1,239,090 | )  |  $           (34,634 | )  |  $       (189,281 | )  |  $               7,031 |   |   |   |
|  Amortization of prior service cost, net of tax of $6                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                |                  9                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             |    |            - |                                                              |             - |                                    |                                            - |   |                    - |   |                      - |   |                          9 |   |                       9 |   |                           - |   |                           9 |   |
|  Amortization of pension net loss, net of tax of $33                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 |                50                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        |    |            - |                                                              |             - |                                    |                                            - |   |                    - |   |                      - |   |                        50 |   |                     50 |   |                           - |   |                         50 |   |
|  Unrealized loss on cash flow hedge, net of tax of $552                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              |              831                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   |    |            - |                                                              |             - |                                    |                                            - |   |                    - |   |                      - |   |                      831 |   |                   831 |   |                           - |   |                       831 |   |
|  Stock-based compensation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |           1,338                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   |    |            - |                                                              |             - |                                    |                                            - |   |             1,338 |   |                      - |   |                           - |   |                1,338 |   |                           - |   |   |   |
|  Distribution to minority shareholders                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               |          (2,644                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        | )  |            - |                                                              |             - |                                    |                                            - |   |                    - |   |                      - |   |                           - |   |                        - |   |                  (2,644 | )  |   |   |
|  Net loss                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |          (5,161                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        | )  |            - |                                                              |             - |                                    |                                            - |   |                    - |   |                (774 | )  |                           - |   |                  (774 | )  |                  (4,387 | )  |                     (774 | )  |
|    Comprehensive income - June 30, 2009                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                |    |                                                                |                                                              |                                                                      |                                    |                                                                                                                                                                                                                                                                |   |   |   |   |   |   |   |   |  $                   116 |   |
|  Balance as of June 30, 2009                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         |  $  (187,827                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         | )  |    1,000                                             |                                                              |  $       -                        |                                    |  $                            (18,005                                                                              | )  |  $  1,103,786 |   |  $  (1,239,864 | ) |  $           (33,744 | ) |  $       (187,827 | )  |  $                       - |   |   |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                |    |                                                                |                                                              |                                                                      |                                    |                                                                                                                                                                                                                                                                |   |   |   |   |   |   |   |   |   |   |   |   |   |
| The accompanying notes are an integral part of the unaudited consolidated financial statements.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                |

| LIN Television Corporation                                                                      |   |
|-------------------------------------------------------------------------------------------------|--------|
| Consolidated Statements of Cash Flows                                                           |   |
| (unaudited)                                                                                     |   |
|                                                                                            |   | Six months ended June 30, |   |
|                                                                                            |   | 2010 |   |   | 2009 |   |
|                                                                                            |   | (in thousands) |
| OPERATING ACTIVITIES:                                                                           |   |   |   |   |   |   |
| Net income (loss)                                                                               |   | $ | 7,145 |   |   | $ | (774 | ) |
| Loss from discontinued operations                                                               |   |   | - |   |   |   | 446 |   |
| Adjustment to reconcile net income (loss) to net cash provided by operating activities:         |   |   |   |   |   |   |   |   |
| Depreciation                                                                                    |   |   | 14,048 |   |   |   | 15,574 |   |
| Amortization of intangible assets                                                               |   |   | 821 |   |   |   | 40 |   |
| Impairment of goodwill, broadcast licenses and broadcast equipment                              |   |   | - |   |   |   | 39,894 |   |
| Amortization of financing costs and note discounts                                              |   |   | 2,422 |   |   |   | 1,832 |   |
| Amortization of program rights                                                                  |   |   | 12,046 |   |   |   | 11,904 |   |
| Program payments                                                                                |   |   | (14,128 | ) |   |   | (11,752 | ) |
| Loss (gain) on extinguishment of debt                                                           |   |   | 2,749 |   |   |   | (50,149 | ) |
| Loss (gain) on derivative instruments                                                           |   |   | 3,065 |   |   |   | (5 | ) |
| Share of loss in equity investments                                                             |   |   | 94 |   |   |   | - |   |
| Deferred income taxes, net                                                                      |   |   | 3,820 |   |   |   | 8,699 |   |
| Stock-based compensation                                                                        |   |   | 2,498 |   |   |   | 1,338 |   |
| Gain from asset dispositions                                                                    |   |   | (2,211 | ) |   |   | (2,658 | ) |
| Other, net                                                                                      |   |   | (186 | ) |   |   | 2,109 |   |
| Changes in operating assets and liabilities:                                                    |   |   |   |   |   |   |   |   |
| Accounts receivable                                                                             |   |   | (3,519 | ) |   |   | 7,019 |   |
| Other assets                                                                                    |   |   | 1,092 |   |   |   | (1,168 | ) |
| Accounts payable                                                                                |   |   | 1,779 |   |   |   | (1,889 | ) |
| Accrued interest expense                                                                        |   |   | 3,710 |   |   |   | (994 | ) |
| Other liabilities and accrued expenses                                                          |   |   | (1,368 | ) |   |   | (18,854 | ) |
| Net cash provided by operating activities, continuing operations                                |   |   | 33,877 |   |   |   | 612 |   |
| Net cash used in operating activities, discontinued operations                                  |   |   | - |   |   |   | (101 | ) |
| Net cash provided by operating activities                                                       |   |   | 33,877 |   |   |   | 511 |   |
|                                                                                            |   |   |   |   |   |   |   |   |
| INVESTING ACTIVITIES:                                                                           |   |   |   |   |   |   |   |   |
| Capital expenditures                                                                            |   |   | (9,010 | ) |   |   | (3,493 | ) |
| Change in restricted cash                                                                       |   |   | 2,000 |   |   |   | - |   |
| Proceeds from the sale of assets                                                                |   |   | 181 |   |   |   | - |   |
| Payments on derivative instruments                                                              |   |   | (805 | ) |   |   | - |   |
| Shortfall loan to joint venture with NBC Universal (Note 3)                                     |   |   | (3,875 | ) |   |   | - |   |
| Other investments, net                                                                          |   |   | (1,980 | ) |   |   | - |   |
| Net cash used in investing activities, continuing operations                                    |   |   | (13,489 | ) |   |   | (3,493 | ) |
| Net cash provided by investing activities, discontinued operations                              |   |   | 660 |   |   |   | 5,875 |   |
| Net cash (used in) provided by investing activities                                             |   |   | (12,829 | ) |   |   | 2,382 |   |
|                                                                                            |   |   |   |   |   |   |   |   |
| FINANCING ACTIVITIES:                                                                           |   |   |   |   |   |   |   |   |
| Net proceeds on exercises of employee and director stock based compensation                     |   |   | 387 |   |   |   | - |   |
| Proceeds from borrowings on long-term debt                                                      |   |   | 213,000 |   |   |   | 78,000 |   |
| Principal payments on long-term debt                                                            |   |   | (231,899 | ) |   |   | (79,305 | ) |
| Payment of long-term debt financing costs                                                       |   |   | (4,732 | ) |   |   | - |   |
| Net cash used in financing activities, continuing operations                                    |   |   | (23,244 | ) |   |   | (1,305 | ) |
| Net cash used in financing activities, discontinued operations                                  |   |   | (445 | ) |   |   | (2,644 | ) |
| Net cash used in financing activities                                                           |   |   | (23,689 | ) |   |   | (3,949 | ) |
|                                                                                            |   |   |   |   |   |   |   |   |
| Net decrease in cash and cash equivalents                                                       |   |   | (2,641 | ) |   |   | (1,056 | ) |
| Cash and cash equivalents at the beginning of the period                                        |   |   | 11,105 |   |   |   | 20,106 |   |
| Cash and cash equivalents at the end of the period                                              |   | $ | 8,464 |   |   | $ | 19,050 |   |
|                                                                                            |   |   |   |   |   |   |   |   |
| The accompanying notes are an integral part of the unaudited consolidated financial statements. |   |   |

|                                          |   | Three Months Ended June 30, |   |   | Six Months Ended June 30, |   |
|-----------------------------------------------|--------|-----------------------------|--------|--------|---------------------------|--------|
|                                          |   | 2010                        |   |   | 2009                      |   |   | 2010 |   |   | 2009 |   |
|                                          |   |                        |   |   |                      |   |   |   |   |   |   |   |
| Net income (loss)                             |   | $                           | 3,644  |   |                      | $      | (25,496 | ) |   | $ | 7,145 |   |   | $ | (774 | )  |
| Amortization of prior service cost on pension |   |                        | -      |   |                      |   | 5 |   |   |   | - |   |   |   | 9 |   |
| Amortization of pension net loss              |   |                        | 56     |   |                      |   | (28 | ) |   |   | 114 |   |   |   | 50 |   |
| Unrealized loss on cash flow hedge            |   |                        | 2,276  |   |                      |   | 390 |   |   |   | 2,516 |   |   |   | 831 |   |
| Total comprehensive income (loss)             |   | $                           | 5,976  |   |                      | $      | (25,129 | )  |   | $ | 9,775 |   |   | $ | 116 |   |

|           |   | Three Months Ended June 30, |   |   | Six MonthsEnded  June 30, |   |
|----------------|--------|-----------------------------|--------|--------|--------------------------------|--------|
|           |   | 2009                        |   |   | 2009                           |   |
|           |   |                        |   |   |                           |   |
| Net revenues   |   | $                           | 191    |   |                           | $      | 823 |   |
| Operating loss |   |                        | (1,143 | )      |                           |   | (3,141 | ) |
| Net loss       |   |                        | (162   | )      |                           |   | (446 | ) |

|                                                     |   | Three Months Ended June 30, |    |   | Six Months Ended June 30, |   |
|----------------------------------------------------------|--------|-----------------------------|---------|--------|---------------------------|--------|
|                                                     |   | 2010                        |    |   | 2009                      |   |   | 2010 |   |   | 2009 |   |
|                                                     |   |                        |    |   |                      |   |   |   |   |   |   |   |
| Cash distributions to SVH from SVO                       |   | $                           | 12,817  |   |                      | $      | 10,972 |   |   | $ | 13,775 |   |   | $ | 27,430 |   |
|                                                     |   |                        |    |   |                      |   |   |   |   |   |   |   |   |   |   |   |
| Income to SVH                                            |   | $                           | 11,119  |   |                      | $      | 6,501 |   |   | $ | 24,972 |   |   | $ | 9,229 |   |
| Other expense, net (primarily interest on the GECC note) |   |                        | (16,491 | )      |                      |   | (16,491 | ) |   |   | (32,984 | ) |   |   | (32,982 | ) |
| Net loss of SVH                                          |   | $                           | (5,372  | )      |                      | $      | (9,990 | ) |   | $ | (8,012 | ) |   | $ | (23,753 | ) |
|                                                     |   |                        |    |   |                      |   |   |   |   |   |   |   |   |   |   |   |
| Shortfall loans to SVH from LIN Television               |   | $                           | 754     |   |                      | $      | - |   |   | $ | 3,875 |   |   | $ | - |   |
| Shortfall loans to SVH from NBC Universal                |   | $                           | 2,946   |   |                      | $      | - |   |   | $ | 12,192 |   |   | $ | - |   |

|                                          |   | June 30, 2010         |    |   | December 31, 2009                    |   |
|-----------------------------------------------|--------|-----------------------|---------|--------|--------------------------------------|--------|
|                                          |   | Gross Carrying Amount |    |   | Accumulated   Amortization |   |   | Gross Carrying Amount |   |   | Accumulated Amortization |   |
|                                          |   |                  |    |   |                                 |   |   |   |   |   |   |   |
| Goodwill                                      |   | $                     | 117,259 |   |                                 | $      | - |   |   | $ | 117,259 |   |   | $ | - |   |
| Broadcast licenses                            |   |                  | 391,801 |   |                                 |   |   - |   |   |   | 391,801 |   |   |   |     - |   |
| Intangible assets subject to amortization (1) |   |                  | 14,403  |   |                                 |   | (8,148 | ) |   |   | 14,403 |   |   |   | (7,327 | ) |
| Total intangible assets                       |   | $                     | 523,463 |   |                                 | $      | (8,148 | ) |   | $ | 523,463 |   |   | $ | (7,327 | ) |

| (1)   | Intangible assets subject to amortization are amortized on a straight line basis and include acquired customer relationships, brand names, non-compete agreements, internal-use software, favorable operating leases, tower rental income leases, option agreements and network affiliations. |
|-----------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|                                                                                                                                                         |   |     |          |   |                   |   |
|--------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|---------------|---------------|--------|------------------------|--------|
|                                                                                                                                                         |   | June 30, 2010 |          |   | December 31, 2009 |   |
| Senior secured credit facility:                                                                                                                              |   |          |          |   |                   |   |
| Revolving credit loans                                                                                                                                       |   | $             | 36,062        |   |                   | $      |  204,000 |   |
| Term loans                                                                                                                                                   |   |          | 11,225        |   |                   |   |  61,975 |   |
| 83⁄8%  Senior Notes due 2018                                                                                                                   |   |          | 200,000       |   |                   |   | - |   |
| 61⁄2% Senior Subordinated Notes due 2013                                                                                                                  |   |          | 275,883       |   |                   |   | 275,883 |   |
| $141,316 61⁄2% Senior Subordinated Notes - Class B due 2013, net of discount of $4,240 and $4,965 as of June 30, 2010 and December 31, 2009, respectively |   |          | 137,076       |   |                   |   | 136,351 |   |
| $2,157 LIN-RMM Note, net of discount of $80 and $160 as of June 30, 2010 and December 31, 2009, respectively                                                 |   |          | 2,077         |   |                   |   | 1,997 |   |
| $1,387 and $1,598 RMM Note, net of premium of $93 and $112 as of June 30, 2010 and December 31, 2009, respectively                                           |   |          | 1,480         |   |                   |   | 1,710 |   |
| $1,121 RMM Bank Note, net of discount of $41 and $83 as of June 30, 2010 and December 31, 2009, respectively                                                 |   |          | 1,080         |   |                   |   | 1,038 |   |
| Total debt                                                                                                                                                   |   |          | 664,883       |   |                   |   | 682,954 |   |
| Less current portion                                                                                                                                         |   |          | 6,990         |   |                   |   | 16,372 |   |
| Total long-term debt                                                                                                                                         |   | $             |  657,893 |   |                   | $      | 666,582 |   |

|            |   | June 30, 2010 |    |   | December 31, 2009 |   |
|-----------------|--------|---------------|---------|--------|-------------------|--------|
| Carrying amount |   | $             | 664,883 |   |              | $      | 682,954 |   |
| Fair value      |   |          | 658,858 |   |              |   | 616,247 |   |

|                           |   | Loss (Gain) on Derivative Instruments |   |
|--------------------------------|--------|---------------------------------------|--------|
|                           |   | Three Months Ended June 30,           |   |   | Six Months Ended June 30, |   |
|                           |   | 2010                                  |   |   | 2009 |   |   | 2010 |   |   | 2009 |   |
| Mark-to-Market Adjustments on: |   |                                  |   |   |   |   |   |   |   |   |   |   |
| 2006 interest rate hedge       |   | $                                     | 3,056  |   |   | $ | (225 | ) |   | $ | 3,065 |   |   | $ | (5 | ) |

|                           |   | Comprehensive Income, Net of Tax |   |
|--------------------------------|--------|----------------------------------|--------|
|                           |   | Three Months Ended June 30,      |   |   | Six Months Ended June 30, |   |
|                           |   | 2010                             |   | 2009 |   |   | 2010 |   |   | 2009 |   |
| Mark-to-Market Adjustments on: |   |                             |   |   |   |   |   |   |   |   |   |
| 2006 interest rate hedge       |   | $                                | 2,276  |   | $ | 390 |   |   | $ | 2,516 |   |   | $ | 831 |   |

|                                      |   |                            |   |
|-------------------------------------------|--------|---------------------------------|--------|
|                                      |   | Quoted prices in active markets |   |   | Significant observable inputs |   |   | Significant unobservable inputs |   |   | Total |   |
|                                      |   | (Level 1)                       |   |   | (Level 2) |   |   | (Level 3) |   |
| June 30, 2010                             |   |                            |   |   |   |   |   |   |   |   |   |   |
| Assets:                                   |   |                            |   |   |   |   |   |   |   |   |   |   |
| Deferred compensation related investments |   | $                               | 1,369  |   |   | $ | - |   |   | $ | - |   |   | $ | 1,369 |   |
|                                      |   |                            |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Liabilities:                              |   |                            |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| 2006 interest rate hedge                  |   | $                               | -      |   |   | $ | 3,126 |   |   | $ | - |   |   | $ | 3,126 |   |
| Deferred compensation related liabilities |   |                            | 1,369  |   |   |   | - |   |   |   | - |   |   |   | 1,369 |   |
|                                      |   |                            |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| December 31, 2009                         |   |                            |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Assets:                                   |   |                            |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Deferred compensation related investments |   | $                               | 2,454  |   |   | $ | - |   |   | $ | - |   |   | $ | 2,454 |   |
|                                      |   |                            |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Liabilities:                              |   |                            |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| 2006 interest rate hedge                  |   | $                               | -      |   |   | $ | 4,181 |   |   | $ | - |   |   | $ | 4,181 |   |
| Deferred compensation related liabilities |   |                            | 2,454  |   |   |   | - |   |   |   | - |   |   |   | 2,454 |   |
| Equity value shortfall amount             |   |                            | -      |   |   |   | - |   |   |   | 627 |   |   |   | 627 |   |

|                                        |   | Equity Value  Shortfall Amount |   |
|---------------------------------------------|--------|-------------------------------------|--------|
| Balance as of December 31, 2009             |   | $                                   | 627    |   |
| Realized gain from the change in fair value |   |                                | (627   | ) |
| Balance as of June 30, 2010                 |   | $                                   | -      |   |

|                                        |   | Three Months Ended June 30, |   |   | Six Months Ended June 30, |   |
|---------------------------------------------|--------|-----------------------------|--------|--------|---------------------------|--------|
|                                        |   | 2010                        |   |   | 2009                      |   |   | 2010 |   |   | 2009 |   |
| Net periodic pension benefit cost:          |   |                        |   |   |                      |   |   |   |   |   |   |   |
| Service cost                                |   | $                           | -      |   |                      | $      | (15 | ) |   | $ | - |   |   | $ | 385 |   |
| Interest cost                               |   |                        | 1,525  |   |                      |   | 1,563 |   |   |   | 3,046 |   |   |   | 3,178 |   |
| Expected return on plan assets              |   |                        | (1,611 | )      |                      |   | (1,641 | ) |   |   | (3,223 | ) |   |   | (3,328 | ) |
| Amortization of prior service cost          |   |                        | -      |   |                      |   | - |   |   |   | - |   |   |   | 31 |   |
| Amortization of pension net loss (gain)     |   |                        | 92     |   |                      |   | (31 | ) |   |   | 188 |   |   |   | 165 |   |
| Curtailment                                 |   |                        | -      |   |                      |   | - |   |   |   | - |   |   |   | 438 |   |
| Net periodic pension benefit cost (benefit) |   | $                           | 6      |   |                      | $      | (124 | ) |   | $ | 11 |   |   | $ | 869 |   |
| Contributions                               |   |                        |   |   |                      |   |   |   |   |   |   |   |   |   |   |   |
| 401(k) Plan                                 |   | $                           | 896    |   |                      | $      | 65 |   |   | $ | 1,772 |   |   | $ | 337 |   |
| Defined benefit retirement plans            |   |                        | 900    |   |                      |   | - |   |   |   | 900 |   |   |   | - |   |
| Total contributions                         |   | $                           | 1,796  |   |                      | $      | 65 |   |   | $ | 2,672 |   |   | $ | 337 |   |

|                    |   |                            |   |   |                              |   |
|-------------------------|--------|---------------------------------|--------|--------|-----------------------------------|--------|
| Year                    |   | Operating Leases and Agreements |   |   | Syndicated Television Programming |   |   | Total |   |
| 2010                    |   | $                               | 16,696 |   |                              | $      | 26,312 |   |   | $ | 43,008 |   |
| 2011                    |   |                            | 13,101 |   |                              |   | 23,781 |   |   |   | 36,882 |   |
| 2012                    |   |                            | 12,383 |   |                              |   | 15,779 |   |   |   | 28,162 |   |
| 2013                    |   |                            | 4,533  |   |                              |   | 6,637 |   |   |   | 11,170 |   |
| 2014                    |   |                            | 2,760  |   |                              |   | 1,346 |   |   |   | 4,106 |   |
| Thereafter              |   |                            | 360    |   |                              |   | - |   |   |   | 360 |   |
| Total commitments       |   |                            | 49,833 |   |                              |   | 73,855 |   |   |   | 123,688 |   |
| Less recorded contracts |   |                            | -      |   |                              |   | (9,453 | ) |   |   | (9,453 | ) |
| Unrecorded commitments  |   | $                               | 49,833 |   |                              | $      | 64,402 |   |   | $ | 114,235 |   |

| ·   | GECC, after exhausting all remedies against the joint venture, could enforce its rights under the guarantee, which could cause LIN TV to determine that LIN Television should seek to sell material assets owned by it in order to satisfy LIN TV’s obligations under the guarantee; |
|--------------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | GECC’s initiation of proceedings against LIN TV under the guarantee, if they result in material adverse consequences to LIN Television, could cause an acceleration of LIN Television’s senior secured credit facility and other outstanding indebtedness; and |
|--------------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | if the GECC Note is prepaid because of an acceleration on default or otherwise, we would incur a substantial tax liability of approximately $273.6 million related to our deferred gain associated with the formation of the joint venture. |
|--------------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

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