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This is a completely separate entity from MyNetworkTV
MyTV is an American television network that is owned and operated by a partnership between Lady Luck Enterprises and Adelphia Communications. MyTV was formerly owned by Mead Enterprises until April 2016 when Lady Luck (who was fed up with being ignored by UPN) decided to buy majority share of the network from Mead Enterprises. Two months later, Mead Enterprises announced that they're easing on out of the broadcasting business, and that Adelphia Communications Corporation will purchase the remaining shares of the network. Unlike MyNetworkTV, which, since 2009, became a programming service, similar to Ion Television, relying mainly on repeats of recent broadcast and cable series, MyTV would be having original programming going all seven nights of the week, compared to MyNetworkTV going five nights a week. Also, unlike MyNetworkTV (as well as their parent company, FOX), MyTV will have a nightly newscast to compete with the "Big 3" nightly newscasts.
On February 9, 2009, Fox Entertainment Group announced that MyNetworkTV would convert from a television network to a programming service, similar to that of Ion Television, with a focus on repeats of acquired programs originally aired on broadcast and cable networks and in first-run syndication. Seeing a golden opportunity, Kevin Mead, CEO of Mead Enterprises, decided to launch his own network and take advantage of the opportunity. Mead named the new network, MyTV. Unfortunately, after having some disappointing ratings, Mead started to lose interest and decided to sell half the company.
New Owners and a new Era
In 2016, Lady Luck Enterprises was fed up of how they were treated at UPN. Although they were partners in the network, they weren't treated as partners as Viacom Station Group continued to have their way with the affiliates and Lady Luck not getting a say whatsoever, to the point to where they weren't even as partners. Lady Luck decided to exit the partnership and drop all references to UPN. A day later, Mead paid CEO Dean Valentine a visit and by the end of the meeting, it was decided that Lady Luck Enterprises will own a majority stake in the network. Then on July 25, 2016, Mead Enterprises left the broadcasting world for good and sold their remaining shares to Adelphia Communications Corporation. As such, Lady Luck and Adelphia owns 50/50 share of the company. However, on Mar. 2, it was announced that Disney-ABC Television Group (part of Walt Disney Company) bought out Lady Luck Enterprises and are now part-owners of MyTV.
Transition to Cable
Following the conclusion of the 2022-23 television season, as a part of their budget cuts, Disney-ABC announced plans of spinning off both MyTV and XYZ to a separate ownership group, naming it the Buena Vista Television, Inc. Buena Vista later announced that MyTV will be making the move to be a cable network, with the transition being completed on August 14, 2024. Buena Vista also announced that while MyTV will be a cable network, XYZ will continue as is. Adelphia Communications, in turn, announced that the affiliates that they own via Clear Channel Communications will become independents, but will continue to carry MyTV Sports and MyTV Life on its subchannels on September 18.