In April 1961, Triarko Ltd.—a subsidiary of RKO General—purchased a controlling stake in Video Independent Theatres from the estate of the late Henry Griffing.
On paper, the 12.5% interest in KWTV included in the deal effectively gave RKO its fifth VHF television station, putting it at the maximum then allowed under FCC ownership rules (alongside its wholly owned station properties in New York City, Los Angeles, Boston and Memphis as well as a controlling stake in a Canadian station in Windsor, Ontario that dually served the Detroit market).
This created an issue for a then-ongoing and complex transaction in which RKO was to have acquired WRC-TV and WRC-AM-FM (now WTEM and WKYS) in Washington, D.C. from NBC, trade WNAC-TV (now defunct; former channel allocation now occupied by WHDH), WNAC-AM (now WRKO) and WRKO-FM (now WBZ-FM) in Boston to NBC in exchange for the WRCV television and radio stations (now KYW-TV and KYW (AM)) in Philadelphia, and sell the Washington-based WGMS radio stations (now WWRC and WTOP-FM) to Crowell-Collier Broadcasting.
Philco—which protested the 1957 license renewal of WRCV-TV-AM to NBC amid questions over the legality of its purchase of the stations from Westinghouse in exchange for WTAM-AM-FM and WNBK television (now WKYC) in Cleveland the year before—took issue with whether RKO's interest in KWTV violated FCC ownership rules.
Addressing this, in August 1962, RKO agreed to sell its stake in channel 9 to minority stockholders Roy Turner and Luther Dulaney, increasing their individual interests in the station to 18.75%.

On November 29, 1963, the Griffin-Leake interests purchased Turner and Dulaney's 25% interests in KWTV for $200,000 and title rights to the equipment used by KWTV, KTUL and KATV.
Turner and Dulaney would then sell the equipment, valued at $2.3 million, to First National Bank of Oklahoma City executives C.A. Voss and James Kite for $3 million.
Griffin-Leake's Oklahoma stations would then be folded into KATV parent licensee KATV Inc. (subsequently rechristened as Griffin-Leake TV), which would enter into a ten-year, $4.5 million (or $37,500 per month) agreement with Voss and Kite to lease the equipment.
Griffin and the Leakes would own approximately all of the common voting stock and collectively own 84% of nonvoting common shares in KATV Inc. post-merger, with 10% of the remaining nonvoting interest held by Edgar Bell (who would remain KWTV's executive vice president and general manager).

In early 1964, KWTV's Kelley Avenue facility was expanded to include a new 72-by-76-foot (22 m × 23 m) soundstage on the building's west end (which would incorporate transistorized broadcasting and recording equipment), and a separate control room and production facilities.
On April 17, 1969, Griffin-Leake TV announced its intent to split its assets into two separate companies.
Griffin would retain ownership of KWTV under the rechristened entity that became Griffin Television Inc. (renamed Griffin Communications in 2000), while Leake retained ownership of KATV, KTUL, Ponca City-based cable television operator Cable TV Co. of Oklahoma, and a controlling 80% interest in the construction permit for Fajardo, Puerto Rico television station WSTE (now WORO-DT) through the spin-off entity Leake TV, Inc. In 1982, with the launch of the overnight news program CBS News Nightwatch, KWTV became the first television station in the Oklahoma City market to maintain a 24-hour programming schedule on weekdays (KTVY had begun maintaining a 24-hour schedule on Fridays and Saturdays in 1978); the station would not adopt a 24-hour schedule regularly until the launch of CBS News Up to the Minute in September 1992.

Ownership of KWTV would transfer to the familial heirs of John Griffin—widow Martha Watson Griffin (who also assumed her husband's post as KWTV board chairman), and sons John W. and David Griffin (both of whom would become KWTV executives in 1990, with David eventually taking over as President of Griffin Communications in 2001)—after he died on July 26, 1985 at the age of 62.
That year, KWTV began producing Bi
In April 1961, Triarko Ltd.—a subsidiary of RKO General—purchased a controlling stake in Video Independent Theatres from the estate of the late Henry Griffing. On paper, the 12.5% interest in KWTV included in the deal effectively gave RKO its fifth VHF television station, putting it at the maximum then allowed under FCC ownership rules (alongside its wholly owned station properties in New York City, Los Angeles, Boston and Memphis as well as a controlling stake in a Canadian station in Windsor, Ontario that dually served the Detroit market). This created an issue for a then-ongoing and complex transaction in which RKO was to have acquired WRC-TV and WRC-AM-FM (now WTEM and WKYS) in Washington, D.C. from NBC, trade WNAC-TV (now defunct; former channel allocation now occupied by WHDH), WNAC-AM (now WRKO) and WRKO-FM (now WBZ-FM) in Boston to NBC in exchange for the WRCV television and radio stations (now KYW-TV and KYW (AM)) in Philadelphia, and sell the Washington-based WGMS radio stations (now WWRC and WTOP-FM) to Crowell-Collier Broadcasting. Philco—which protested the 1957 license renewal of WRCV-TV-AM to NBC amid questions over the legality of its purchase of the stations from Westinghouse in exchange for WTAM-AM-FM and WNBK television (now WKYC) in Cleveland the year before—took issue with whether RKO's interest in KWTV violated FCC ownership rules. Addressing this, in August 1962, RKO agreed to sell its stake in channel 9 to minority stockholders Roy Turner and Luther Dulaney, increasing their individual interests in the station to 18.75%.
On November 29, 1963, the Griffin-Leake interests purchased Turner and Dulaney's 25% interests in KWTV for $200,000 and title rights to the equipment used by KWTV, KTUL and KATV. Turner and Dulaney would then sell the equipment, valued at $2.3 million, to First National Bank of Oklahoma City executives C.A. Voss and James Kite for $3 million. Griffin-Leake's Oklahoma stations would then be folded into KATV parent licensee KATV Inc. (subsequently rechristened as Griffin-Leake TV), which would enter into a ten-year, $4.5 million (or $37,500 per month) agreement with Voss and Kite to lease the equipment. Griffin and the Leakes would own approximately all of the common voting stock and collectively own 84% of nonvoting common shares in KATV Inc. post-merger, with 10% of the remaining nonvoting interest held by Edgar Bell (who would remain KWTV's executive vice president and general manager).
In early 1964, KWTV's Kelley Avenue facility was expanded to include a new 72-by-76-foot (22 m × 23 m) soundstage on the building's west end (which would incorporate transistorized broadcasting and recording equipment), and a separate control room and production facilities. On April 17, 1969, Griffin-Leake TV announced its intent to split its assets into two separate companies. Griffin would retain ownership of KWTV under the rechristened entity that became Griffin Television Inc. (renamed Griffin Communications in 2000), while Leake retained ownership of KATV, KTUL, Ponca City-based cable television operator Cable TV Co. of Oklahoma, and a controlling 80% interest in the construction permit for Fajardo, Puerto Rico television station WSTE (now WORO-DT) through the spin-off entity Leake TV, Inc. In 1982, with the launch of the overnight news program CBS News Nightwatch, KWTV became the first television station in the Oklahoma City market to maintain a 24-hour programming schedule on weekdays (KTVY had begun maintaining a 24-hour schedule on Fridays and Saturdays in 1978); the station would not adopt a 24-hour schedule regularly until the launch of CBS News Up to the Minute in September 1992.
Ownership of KWTV would transfer to the familial heirs of John Griffin—widow Martha Watson Griffin (who also assumed her husband's post as KWTV board chairman), and sons John W. and David Griffin (both of whom would become KWTV executives in 1990, with David eventually taking over as President of Griffin Communications in 2001)—after he died on July 26, 1985 at the age of 62. That year, KWTV began producing Bi
KWTV-DT