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<PAGE> EXHIBIT 23.2 CONSENT OF INDEPENDENT AUDITORS We consent to the incorporation by reference in the Registration Statement on Form S-8 of Craig Corporation of our report dated March 31, 1999, with respect to the consolidated financial statements of Craig Corporation included in its Annual Report (Form 10-K) for the year ended December 31, 1999, filed with the Securities and Exchange Commission. /s/ Ernst & Young LLP Los Angeles, California January 9, 2001
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