On March 14, 2008, the CRTC approved in part an application by Vista Broadcast Group for a new FM station to serve Kelowna with an adult hits format.

On January 31, 2013, the CRTC approved Vista's application to increase CJUI's effective radiated power (ERP) from 5,200 to 17,300 watts (maximum ERP from 10,000 to 36,800 watts), by decreasing the effective height of antenna above average terrain from 506 to -90 metres, by relocating the transmitter site and by changing the class from C1 to C.[2] In October 2017, the CRTC approved a deal for Vista to sell CJUI to Avenue Radio Ltd., a company owned by Nicholas J. Frost— founder of the local news website Castanet and former owner of CILK-FM.

In June 2020, it approved a bid by veteran broadcaster Paul Larsen (one of the former owners of Clear Sky Radio)[13] to acquire the station.

[10] On March 26, 2021, the station officially returned to air and relaunched as 103.9 The Lake, and adopted the heritage callsign CKOV-FM (previously used by what is now CKMR-FM/Strathmore,[14] and locally by what is now CKQQ-FM).

[17] The next day, CKOV-FM flipped back to oldies now branded as OV 103.9; the station's format focuses primarily on music from the 1970s, and to a lesser extent, the 1960s.