-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, Ue1XzNbEhXDVJTCeZjGxTl75BReYBB8nyJZZh+eF/KVNmhAN0opZ4EJWlaX25K4C VGJHk8JETLu64KJQzORQtg== 0000914121-08-000013.txt : 20080108 0000914121-08-000013.hdr.sgml : 20080108 20080107181418 ACCESSION NUMBER: 0000914121-08-000013 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20080108 DATE AS OF CHANGE: 20080107 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: YOUNG BROADCASTING INC /DE/ CENTRAL INDEX KEY: 0000929144 STANDARD INDUSTRIAL CLASSIFICATION: TELEVISION BROADCASTING STATIONS [4833] IRS NUMBER: 133339681 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G SEC ACT: 1934 Act SEC FILE NUMBER: 005-43513 FILM NUMBER: 08516218 BUSINESS ADDRESS: STREET 1: 599 LEXINGTON AVENUE CITY: NEW YORK STATE: NY ZIP: 10022 BUSINESS PHONE: 2127547070 MAIL ADDRESS: STREET 1: 599 LEXINGTON AVE CITY: NEW YORK STATE: NY ZIP: 10022 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: Concordia Advisors LLC CENTRAL INDEX KEY: 0001388164 IRS NUMBER: 133819359 STATE OF INCORPORATION: DE FISCAL YEAR END: 0930 FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: 1350 AVENUE OF THE AMERICAS CITY: NEW YORK STATE: NY ZIP: 10019 BUSINESS PHONE: 212-421-9303 MAIL ADDRESS: STREET 1: 1350 AVENUE OF THE AMERICAS CITY: NEW YORK STATE: NY ZIP: 10019 SC 13G 1 cn6819279-13g_young.txt SCHEDULE 13G UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G UNDER THE SECURITIES EXCHANGE ACT OF 1934 (Amendment No. ___)* Young Broadcasting Inc. (Name of Issuer) Class A Common Stock, $.001 Par Value (Title of Class of Securities) 987434107 (CUSIP Number) December 31, 2007 (Date of Event which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: |X| Rule 13d-1(b) |_| Rule 13d-1(c) |_| Rule 13d-1(d) *The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page. The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). - ------------------------------------- ------------------- CUSIP No. 987434107 13G Page 2 of 5 Pages - ------------------------------------- ------------------- - -------------------------------------------------------------------------------- 1. NAME OF REPORTING PERSON Concordia Advisors L.L.C. - -------------------------------------------------------------------------------- 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions) (a) ...................................................................|_| (b) ...................................................................|_| - -------------------------------------------------------------------------------- 3. SEC USE ONLY........................................................... - -------------------------------------------------------------------------------- 4. CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - -------------------------------------------------------------------------------- NUMBER OF -------------------------------------------------------------- 5. SOLE VOTING POWER SHARES 1,779,363 BENEFICIALLY -------------------------------------------------------------- 6. SHARED VOTING POWER OWNED BY 0 EACH -------------------------------------------------------------- 7. SOLE DISPOSITIVE POWER REPORTING 1,779,363 PERSON -------------------------------------------------------------- 8. SHARED DISPOSITIVE POWER WITH 0 -------------------------------------------------------------- - -------------------------------------------------------------------------------- 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,779,363 - -------------------------------------------------------------------------------- 10. CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (See Instructions) Not applicable |_| - -------------------------------------------------------------------------------- 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 8.6% - -------------------------------------------------------------------------------- 12. TYPE OF REPORTING PERSON (See Instructions) IA - ------------------------------------- ------------------- CUSIP No. 987434107 13G Page 3 of 5 Pages - ------------------------------------- ------------------- Item 1. (a) Name of Issuer. Young Broadcasting Inc. (b) Address of Issuer's Principal Executive Offices. 599 Lexington Avenue, New York, NY 10022 Item 2. (a) Name of Person Filing. Concordia Advisors L.L.C. (b) Address of Principal Business Office or, if None, Residence. 1350 Avenue of the Americas, New York, NY 10019 (c) Citizenship. Delaware Limited Liability Company (d) Title of Class of Securities. Class A Common Stock, $.001 Par Value (e) CUSIP Number. 987434107 Item 3. If this statement is filed pursuant to Rule 13d-1(b), or 13d-2(b) or (c), check whether the person filing is a: (a) |_| Broker or dealer registered under Section 15 of the Exchange Act. (b) |_| Bank as defined in Section 3(a)(6) of the Exchange Act. (c) |_| Insurance company as defined in Section 3(a)(19) of the Exchange Act. (d) |_| Investment company registered under Section 8 of the Investment Company Act. (e) |X| An investment adviser in accordance with Rule 13d-1(b)(1)(ii)(E); (f) |_| An employee benefit plan or endowment fund in accordance with Rule 13d-1(b)(1)(ii)(F); (g) |_| A parent holding company or control person in accordance with Rule 13d-1(b)(1)(ii)(G); (h) |_| A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act; (i) |_| A church plan that is excluded from the definition of an investment company under Section 3(c)(14) of the Investment Company Act; (j) |_| Group, in accordance with Rule 13d-1(b)(1)(ii)(J). - ------------------------------------- ------------------- CUSIP No. 987434107 13G Page 4 of 5 Pages - ------------------------------------- ------------------- Item 4. Ownership. (a) Amount beneficially owned: 1,779,363 (b) Percent of class: 8.6% (c) Number of shares as to which the person has: (i) Sole power to vote or to direct the vote: 1,779,363 (ii) Shared power to vote or to direct the vote: 0 (iii) Sole power to dispose or to direct the disposition of: 1,779,363 (iv) Shared power to dispose or to direct the disposition of: 0 Concordia Advisors L.L.C. serves as investment adviser to commingled funds and managed accounts which have the right to receive dividends from, or the proceeds from the sale of, the securities of the issuer described in this schedule. Item 5. Ownership of Five Percent or Less of a Class. If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following |_|. Item 6. Ownership of More than Five Percent on Behalf of Another Person. N/A Item 7. Identification and Classification of the Subsidiary Which Company or Control Person. Acquired the Security Being Reported on by the Parent Holding N/A Item 8. Identification and Classification of Members of the Group. N/A Item 9. Notice of Dissolution of Group. N/A Item 10. Certifications. - ------------------------------------- ------------------- CUSIP No. 987434107 13G Page 5 of 5 Pages - ------------------------------------- ------------------- By signing below the undersigned certifies that, to the best of the undersigned's knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect. SIGNATURE After reasonable inquiry and to the best of the undersigned's knowledge and belief, the undersigned certifies that the information set forth in this statement is true, complete and correct. Date: January 7, 2008 CONCORDIA ADVISORS L.L.C. By: /s/ Basil C. Williams -------------------------------------- Name: Basil C. Williams Title: President -----END PRIVACY-ENHANCED MESSAGE-----