FIFTH EXTENSION OF AMENDED STUDIO LEASE AGREEMENT

Exhibit 10.7

FIFTH EXTENSION OF AMENDED STUDIO LEASE AGREEMENT

         THIS FIFTH EXTENSION OF THE AMENDED STUDIO LEASE AGREEMENT ("Amendment") is made as of January 1, 2008 by and between THE HEARST CORPORATION, a Delaware corporation ("Hearst"), and HEARST-ARGYLE TELEVISION, INC., a Delaware corporation (the "Company").

W I T N E S S E T H

        WHEREAS, Hearst and the Company entered into a Studio Lease Agreement dated as of August 29, 1997 (the "Studio Lease Agreement"), pursuant to which the Company leased to Hearst the Leased Premises (as defined in the Studio Lease Agreement);

        WHEREAS, Hearst and the Company entered into an Amendment to Studio Lease Agreement dated as of August 29, 2000 (the "Amended Studio Lease Agreement");

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