Around the same time Waitt bought KMEG, the company also purchased Fox affiliates WFXL in Albany, Georgia, WPGX in Panama City, Florida, WDFX-TV in Dothan, Alabama, and KYOU-TV in Ottumwa, Iowa. In 2003, Waitt Broadcasting merged with Raycom Media (who concurrently transferred KYOU's license to a third party due to Federal Communications Commission (FCC) duopoly regulations, as Raycom already owned Ottumwa's ABC affiliate KTVO at the time); however, KMEG was not included in the merger and was instead spun off to a new locally based owner that took the Waitt Broadcasting licensee name.