In March 1993, Times Mirror sold WVTM, along with its three sister stations (ABC affiliate KTVI in St. Louis, and CBS affiliates KDFW in Dallas and KTBC in Austin, Texas) to Argyle Television Holdings in a two-part deal. Under the structure, WVTM and KTVI were the first two stations to be sold to New World, which respectively bought the stations for $45 million and $35 million; the purchase of the entire group was completed in December of that year following securement of financing for the deal.