Exhibit 99.3
INSTRUCTIONS TO REGISTERED HOLDER AND/OR
BOOK-ENTRY TRANSFER FACILITY
PARTICIPANT FROM BENEFICIAL OWNER(S)
of
YOUNG BROADCASTING INC.
Offer to exchange its 83/4% Senior Subordinated Notes due 2014 and related guarantees which have been registered under the Securities Act of 1933, as amended (the "Securities Act"), for any and all of its outstanding 83/4% Senior Subordinated Notes due 2014 that were issued and sold in a transaction exempt from registration under the Securities Act
Pursuant to the Prospectus dated , 2004
To Registered Holder(s) and/or Participant(s) of the Book-Entry Transfer Facility:
The undersigned hereby acknowledges receipt of the Prospectus, dated , 2004 (the "Prospectus") of Young Broadcasting Inc., a Delaware corporation (the "Issuer"), and the accompanying Letter of Transmittal (the "Letter of Transmittal"), that together constitute the Issuer's offer (the "Exchange Offer"). Capitalized terms used but not defined herein have the meanings ascribed to them in the Letter of Transmittal.
This will instruct you, the registered holder(s) and/or book-entry transfer facility participant(s), as to action to be taken by you relating to the Exchange Offer with respect to the 83/4% Senior Subordinated Notes due 2014 and related guarantees (the "Notes") held by you for the account of the undersigned.
The aggregate face amount of the Notes held by you for the account of the undersigned is (fill in amount):
$ of the Notes
With respect to the Exchange Offer, the undersigned hereby instructs you (check appropriate box):
o | TO TENDER the following Notes held by you for the account of the undersigned (Insert principal amount of Notes to be tendered, which may only be tendered in whole or in part in integral multiples of $1,000 of the principal amount of such notes): | |||
$ . | ||||
o | NOT TO TENDER any Notes held by you for the account of the undersigned. |
If the undersigned instructs you to tender any of the Notes held by you for the account of the undersigned, it is understood that you are authorized (a) to make, on behalf of the undersigned (and the undersigned, by its signature below, hereby makes to you), the representations and warranties contained in the Letter of Transmittal that are to be made with respect to the undersigned as a beneficial owner, including but not limited to the representations that (i) the undersigned's principal residence is in the state of (fill in state) , (ii) the undersigned is acquiring the Exchange Notes in the ordinary course of business of the undersigned, (iii) the undersigned is not participating, does not intend to participate, and has no arrangement or understanding with any person to participate, in the distribution of the Exchange Notes, (iv) the undersigned acknowledges that any person participating in the Exchange Offer for the purpose of distributing the Exchange Notes must comply with the registration and prospectus delivery requirements of the Securities Act of 1933, as amended (the "Act"), in connection with a secondary resale transaction of the Exchange Notes acquired by such person and cannot rely on the position of the Staff of the Securities and Exchange Commission set forth in no-action letters that are discussed in the section of the Prospectus entitled "Exchange Offer—Registration Rights Agreement," and (v) the undersigned is not an "affiliate," as
defined in Rule 405 under the Act, of the Issuer or any of its subsidiaries; (b) to tender such Notes and to agree, on behalf of the undersigned, to accept the Exchange Offer pursuant to the terms and conditions set forth in the Prospectus and in the Letter of Transmittal; and (c) to take such other action as necessary under the Prospectus or the Letter of Transmittal to effect the valid tender of such Notes.
The Issuer may require the undersigned, as a condition to the undersigned's eligibility to participate in the Exchange Offer, to furnish to the Issuer (or an agent thereof), in writing, information as to the number of "beneficial owners," within the meaning of Rule 13d-3 under the Securities Exchange Act of 1934, as amended, on behalf of whom the undersigned holds the Notes to be exchanged in the Exchange Offer. If the undersigned is a broker-dealer that will receive Exchange Notes for its own account in exchange for Notes, it represents that the Notes to be exchanged for Exchange Notes were acquired by it as a result of market-making activities or other trading activities and acknowledges that it will deliver a Prospectus in connection with any resale of such Exchange Notes; however, by so acknowledging and by delivering a Prospectus, such undersigned will not be deemed to admit that it is an "underwriter" within the meaning of the Securities Act.
SIGN HERE | ||||||||||||
Name of beneficial owner(s): | ||||||||||||
Signature(s): | ||||||||||||
Name (please print): | ||||||||||||
Address: | ||||||||||||
Telephone number: | ||||||||||||
Taxpayer Identification or Social Security Number: | ||||||||||||
Date: | ||||||||||||
2