Three sales in six years
On April 24, 2013, ComCorp announced the sale of its entire group (including flagship KADN and sister station KLAF-LD) to Nexstar Broadcasting Group.[3] The sale was completed on January 1, 2015.[4]
On May 7, 2015, Nexstar Broadcasting announced that KLAF-LD, which simulcasts on KADN-TV's DT2 channel, would be the new NBC affiliate for the Lafayette market effective July 1, 2015. They also announced that on that same date, KADN-TV would launch a third subchannel and move KLAF-LD's former MyNetworkTV affiliation there.
On January 27, 2016, Nexstar announced it would acquire Media General for $4.6 billion. Since Media General already owned CBS affiliate KLFY-TV, and since the Lafayette market is too small to allow duopolies in any case, in order to comply with FCC ownership rules as well as planned changes to rules regarding same-market television stations which would prohibit future joint sales agreements, the company was required to sell either KLFY or KADN to another company. KLAF-LD was the only station involved in the deal that could be legally acquired, since FCC rules allow for the common ownership of full-power and low-power stations in the same market, regardless of the number of stations in that market.[5][6] On May 27, 2016, Nexstar announced that it would keep KLFY-TV and sell KADN-TV and KLAF-LD to Bayou City Broadcasting for $40 million. The sale was finalized January 17, 2017.[7] Upon completion of the sale, it reunited KADN and KLAF-LD with WEVV-TV in Evansville, Indiana, which Bayou City bought from Nexstar when it acquired ComCorp in January 2015.
On May 6, 2019, it was announced that Entertainment Studios through its Allen Media Broadcasting would purchase the Bayou City stations (including KADN-TV) for $165 million.[8] The sale was completed on July 31, 2019.[9]
On January 11, 2024, KADN-TV reached an agreement with New Orleans Pelicans over-the-air rightsholder Gray Television to air 10 games on the station during the 2023–24 NBA season.[10]
On September 17, 2024, Gray and the Pelicans announced a broader deal to form the Gulf Coast Sports & Entertainment Network, which will broadcast nearly all 2024–25 Pelicans games on Gray's stations in the Gulf South, as well as KADN-TV.[11]
On June 1, 2025, amid financial woes and rising debt, Allen Media Group announced that it would explore "strategic options" for the company, such as a sale of its television stations (including KADN and KLAF-LD).[12][13] On August 8, 2025, it was announced that AMG would sell 12 of its stations, including KADN and KLAF-LD, to Gray Media for $171 million.[14] This acquisition, along with that of KATC from E. W. Scripps Company, would bring the ABC, NBC, and Fox affiliations in the region under common ownership.[15]
