ɪn nˈaɪntiːnhˈʌndɹɪd ˈeɪɾi sˈɪks, nˈuː ˈɔːɹliənz tˈɛlᵻvˌændʒɪlˌɪst mˈɑːɹvɪn ɡˈoːɹmən pˈɜːtʃɪst ðə stˈeɪʃən ˌaʊɾəv ɹᵻsˈiːvɚʃˌɪp, ænd hiː, ɪn tˈɜːn, sˈoʊld ðə stˈeɪʃən tʊ ɐ ɡɹˈuːp ʌv fˈaɪv bˈɪznəsmˌɛn, ɡˈæɹi hˈɑːɹdəsti sˈʌn ʌv hˈɜːʃɛl hˈɑːɹdəsti, mˈaɪkəl dˈɪlən, dʒˈɑːn kˈɜːtɪn, sˈɑːl dʒˈɜːbɚ, ænd dˈɑːnəld mˈʌkənθˌeɪlɚɹ ˈɑːpɚɹˌeɪɾɪŋ æz kˌeɪvˌiːˌeɪtʃpˈiːtˌiːvˈiː pˈɑːɹtnɚz.
In 1986, New Orleans televangelist Marvin Gorman purchased the station out of receivership, and he, in turn, sold the station to a group of five businessmen, Gary Hardesty (son of Herschell Hardesty), Michael Dillon, Jon Kurtin, Sol Gerber, and Donald Muckenthaler operating as KVHP-TV Partners.