Complex sentence: In the wake of the conversion of the Pax network to i, KYPX was among the stations to opt out of affiliation with the newly reconfigured network, becoming the flagship of the Equity-owned Retro Television Network.
Split into simpler sentences: In the wake of the conversion of the Pax network to i, KYPX was among the stations to opt out of affiliation with the newly reconfigured network. In its stead, the station became the flagship of the Equity-owned Retro Television Network.