The stations share studios on Braddock Street in downtown Fairbanks; KTVF's transmitter is located on the Ester Dome.

In June 2003, Media News Group, owner of the Fairbanks Daily News-Miner, announced that it would exercise an option to purchase KTVF.

The seven-year option, pending removal of the FCC's restrictions on newspaper/broadcast ownership, was granted to Media News in 1999 when Northern Television sold the station to Ackerley.

Newport announced the sale of KTVF to Chena Broadcasting, a local company owned by Michael Young, on October 13, 2011.

[8] Young had previously owned a partial stake in Tanana Valley Television, owner of KFXF and K13XD;[9] that company took over KTVF's operations under a shared services agreement upon the deal's completion.

On November 8, 2016, Northern Lights Media, the subsidiary of Gray Television that operates Anchorage stations KTUU-TV and KYES-TV, announced that it would buy KTVF, KFXF-LD and KXDF-CD (then known as KXDD-CD) for $8 million in cash;[11] the sale was completed on January 13, 2017.

Moving forward, KTVF and KXDF-CD will air newscasts from sister station KTUU, which will be reoriented to a statewide focus.