the company to be unable to pay interest on a set of bonds issued in 1996, prompting a filing for Chapter 11 bankruptcy. Most of Benedek's stations, including WBKO, were sold to Gray Communications Systems—today's Gray Television—of Albany, Georgia. Gray was already familiar with WBKO; in 1997, it had analyzed potentially trading for WBKO as part of a swap of other stations in small Southern markets. Under Gray, WBKO added a Fox subchannel in September 2006; WKNT (now WNKY) had previously carried Fox from 1992 to 2001 before switching to NBC, but on cable, viewers were receiving WZTV from Nashville. Later in the same month, the WB cable channel affiliated with The CW, and became a third subchannel of WBKO. In December 2022, a fourth subchannel was added to carry the Circle network. WBKO has continued to be a market leader and one of the most-viewed small-market stations in the United States. In 2008, it was the second-highest-rated ABC affiliate in a market ranked above 100, and in 2018, it accounted for 76.1 percent of all local TV advertising revenue in Bowling Green. By 2020, it produced 26 hours a week of local news programming. Out-of-market coverage WBKO's signal extends well past the six counties that constitute the Bowling Green television market proper and into dozens of communities in south central Kentucky, including Central City, Hopkinsville, Russellville, Leitchfield, and Elizabethtown, as well as some areas between Nashville and Bowling Green. Even though these communities are drawn into adjacent media markets such as Evansville, Louisville, Lexington or Nashville, WBKO had a long history on cable in these areas, and some of them are part of the Bowling Green metropolitan area or participate in regional economic development efforts centered on Bowling Green. When a new ABC affiliation agreement in 2014 required that WBKO no longer grant cable providers serving some of these out-of-market areas the ability to rebroadcast the station in its entirety, they invested in expensive switching equipment to air WBKO's local programming alongside the network and syndicated offerings from the in-market ABC station. Providers in some of these communities petitioned the FCC to modify WBKO's statutory television market to include them, so as to provide full-time WBKO service (though subject to syndication exclusivity) as they had prior to 2014; they cited viewership information, coverage provided by WBKO of their areas, and, for those areas drawn into the Nashville market, the