[2] The deal was set to be completed in March 2008 but eventually collapsed due to LK's lender refusing to provide the funding;[3] KFTY (now KEMO-TV) and KVOS have since been sold to other companies.

As of October 10, 2007, Newport had agreed to sell KION-TV, KMUV-LP, K44DN, KKFX-CA, KCOY-TV to Cowles Publishing Company for $41 million.

[4] Newport's purchase of the Clear Channel stations and those being resold were granted conditional Federal Communications Commission (FCC) approval, subject to divestitures of media properties owned by other affiliates of Providence Equity Partners in several other markets.

[6] In March 2012, Providence Equity Partners began to explore strategic alternatives for Newport Television, which may lead to a sale of the group.

This deal was followed eight days later by the announcement that WXXA-TV in Albany, New York would be sold to Shield Media, LLC, who would then enter into joint sales and shared services agreements with Young Broadcasting's WTEN.