In November 2007, Waitt announced it would sell KMEG to Siouxland Television, LLC. Pappas was to have continued operating the station as part of the deal. However, KPTH was among Pappas' thirteen stations which filed for Chapter 11 bankruptcy protection. As a result, the sale of KMEG to Siouxland Television fell through. On January 16, 2009, it was announced that several of the Pappas stations involved in the bankruptcy (including KPTH) would be sold to New World TV Group after the transaction received United States bankruptcy court approval. The change in ownership was completed on October 15, 2009, and on that day, New World TV Group took over the SSA with KMEG. TTBG announced the sale of most of its stations, including KPTH and the SSA of KMEG, to the Sinclair Broadcast Group on June 3, 2013. The sale was completed on September 30.