On July 30, 2014, the E. W. Scripps Company announced that it would acquire Journal Communications in an all-stock transaction. The combined firm would retain their broadcast properties—including WTMJ-TV and its AM and FM radio siblings—with the print assets being spun off as Journal Media Group. The deal was approved by the FCC on December 12, 2014, with shareholders of the two companies approving it on March 11, 2015; the merger/spin-off between Journal and Scripps formally closed on April 1 (Journal Media Group would be subsequently acquired by the Gannett Company—which spun off its own broadcasting and digital media properties into Tegna Inc. three months after the Journal split was completed, in order to focus on its newspapers—in August 2015). Through its ownership by Journal, WTMJ had been one of the few television stations in the country not owned by a major network that had the same callsign, owner and primary network affiliation throughout its history; it was also the last major television station in the Milwaukee market to be locally owned.