Hoak once owned eighteen television stations (including satellites), all in medium and small-markets, mostly in the Great Plains states and Colorado.

On November 20, 2013, Gray Television announced that it would purchase Hoak Media and Parker Broadcasting, excluding KREX (and its satellites), KFQX and WMBB (which could not be sold to Gray as it already owned stations in the markets affected), and as well as KAUZ-TV.

Some of Hoak's stations were originally going to be sold to Excalibur Broadcasting and they would have been operated by Gray under local marketing agreements.

[3][4] On August 10, 2015, Hoak announced it would sell its last remaining station, KAUZ-TV (which was not included in the sale of most of Hoak's other stations to Gray Television, and of which was originally going to be sold to KAUZ Media, Inc.), to American Spirit Media (a Charlotte, North Carolina–based company headed by Thomas B. Henson) and would be operated under a shared services agreement by Raycom Media as a result of that company's acquisition of Drewry Communications (which had operated KAUZ-TV under a joint sales agreement since 2009).

On June 5, 2012, all of Hoak's stations were pulled from Dish Network after they failed to renew a carriage agreement.