KOKI-TV
KOKI-TV, virtual channel 23 (UHF digital channel 22), is a Fox-affiliated television station licensed to Tulsa, Oklahoma, United States. The station is owned by the Cox Media Group subsidiary of Cox Enterprises, as part of a duopoly with MyNetworkTV-affiliate KMYT-TV (channel 41); KOKI and KMYT are, in turn, co-owned with local radio stations KRMG (740 AM and 102.3 FM), KRAV-FM (96.5), KWEN (95.5 FM) and KJSR (103.3 FM), as well as local cable television provider Cox Communications.
KOKI-TV
After trying for several years to offload KOKI-TV, the Tulsa 23 partnership secured a willing buyer on March 6, 1989, when it sold the station to San Antonio, Texas-based Clear Channel Television for $6.075 million. Citing that KOKI had not generated a profit for some time as a result of an economic downturn spurred by an oil exploration slump in the region during the 1980s, division parent Clear Channel Communications (now iHeartMedia)—which had owned KAKC (1300 AM) and KMOD-FM (97.5) since the company, as San Antonio Broadcasting Corp., acquired the two radio stations from Unicorn Inc. in 1973—applied for a "failing station" waiver of FCC ownership rules that then prohibited common ownership of television and radio stations in the same market on the basis that the combined ownership would provide KOKI with needed financial support to remain operational and expand its public affairs programming. The sale and cross-ownership waiver received FCC approval on November 17, 1989; the transaction was finalized in late February 1990. (KOKI would gain additional radio sisters when Clear Channel purchased KQLL-AM-FM [1430, now KTBZ, and 106.1, now KTGX] and KOAS [92.1 FM, now KTBT] from Federated Media for $15.4 million in April 1996; as the Telecommunications Act eliminated the radio-television cross-ownership restrictions, the company acquired the two stations without amending the earlier waiver.)