For many years Charles Woods, a perennial aspirant to the governorship of Alabama and occasional minor-party presidential candidate, owned WTVY via Woods Communications Group; it is not to be confused with Woods Communications Corporation, a company owned by his son, David Woods, that owns WCOV-TV in Montgomery and formerly owned WDFX-TV in Dothan. In the early 1990s ownership of WTVY was transferred to Chemical Bank and operated under the corporate name of Dothan Holdings, LLC. Benedek Broadcasting bought WTVY from Chemical Bank/Dothan Holdings in 1995 for a price of $28 million. WTVY was one of the Benedek stations that was purchased by Gray Television in 2002.