PALM SPRINGS’ KESQ TV 3, BUYS KPSP TV CHANNEL 2
The Coachella Valley’s ABC affiliate, KESQ-TV News Channel 3, has acquired CBS affiliate KPSP Local 2 News, forming a single company that will continue to operate both television stations. About half of KPSP’s staff lost their jobs as a result of the merger. KESQ general manager and corporate news director, Mike Stutz said 70 percent of anchors and on-air personalities will stay on. Employees learned of the changes, which took effect immediately, Tuesday morning. KESQ owner Gulf California Broadcast Company’s purchase of KPSP gives it five local stations. It also owns Telemundo affiliate KUNA, Fox affiliate KDFX and CW affiliate KCWO, all based in Palm Desert.