KMVT is owned by KMVT Broadcasting, Inc., a subsidiary of Neuhoff family limited partnership whose CEO is Roger Neuhoff. KMVT was purchased by the Neuhoff Family from the Catamount Broadcast Group on August 2, 2004.

KMVT had been owned by Catamount who purchased the station in February of 1998 and was the first television station owned by Catamount.

The station moved to its present location in 1986 from it's original site at the corner of Eastland Drive and Elizabeth Boulevard in Twin Falls, Idaho. At this original location, radio station KLIX first sent a signal to the Magic Valley in December, 1946. It was the third radio station in town of 17,000. In 1955, station President Frank C. Carman announced the company would operate a television station along side of KLIX radio.

KLIX-TV went on the air on June 1, 1955, with approximately 40 employees sharing the duties of selling and operating both the radio and television stations. In 1957, Abe Glasmann or Ogden, Utah, purchased KUTV in Salt Lake City and KLIX. The radio station was sold, retaining the call letters KLIX. The television station remained the property of the Glasmann group, with the call letters KMVT, an acronym for Magic Valley Television.

In those days of television KMVT carried all three major networks, NBC, CBS and ABC. Programs were presented either by live network, live studio or kinescope. Commercials were live or produced on film and all video was in black and white. In 1965, KMVT became the first station in Idaho to originate local programming in color. At that time, only a small percentage of network programs were broadcast in color. Live studio color capabilities from KMVT followed a couple of years later.

In 1970 the station was sold to KMSO-TV, Inc., which was owned by Western Broadcasting Company of Missoula, Montana. After approval by the FCC, KMVT was owned and operated by Dale G. Moore of Missoula until February 28, 1984. At that time, control of KMVT Broadcasting, Inc., passed to the Chapman S. Root 1982 Living Trust.

As the only full service VHF station in this market, KMVT takes seriously it's obligation to broadcast in the public interest by focusing attention on quality entertainment from the number one network, CBS, daily local news broadcasts and modern sophisticated production capabilities. KMVT's goal is to remain the dominant TV station in Southern Idaho by maintaining high audience ratings, solid news credibility and service to and within our communities.