 Midnight Sun attempted to sell itself in 1977, but years of petitions with a citizen group known as Alaskans for Better Media scuppered the sale.In addition, it was not until a 1980 settlement agreement with ABM that the company's broadcast licenses were renewed.In 1980, the group finally began to sell off its holdings piecemeal, beginning with the Anchorage and Fairbanks television stations and concluding with KTKN being sold to Gateway Broadcasting for $350,000 in 1981.