Belo Corp announced it is entering into a shared services agreement in Tucson, handing over Fox affiliate KMSB and My Network TV affiliate KTTU to the Raycom Media-owned CBS affiliate KOLD.
Under the terms of the agreement, KOLD will produce newscasts for KMSB and KTTU, and Belo will eliminate all Tucson positions besides sales, which amounts to at least 20 jobs, TVNewsCheck reported.
KOLD will be adding a local morning newscast and will “certainly” be staffing up, according to Belo Media Operations president Peter L. Diaz. “But how they do that will be their decision,” Diaz added. “We’re talking with our people about opportunities they may have at KOLD or our other Belo stations.”
Belo said in its announcement that “we have no plans to enter into a similar agreement elsewhere.”