Phoenix insiders tell FTVLive that a department head meeting was held this at KTVK - featuring Ed Munson (GM of KPHO) and Meredith Local Media President Paul Karpowicz.
Speculation is that Munson will oversee both KPHO and KTVK. If that's the case it will mean that The KTVK GM Nick Nicholson's job will be eliminated. Nicholson is respected by most the staff and is considered of the good guys in the business.
Word is 2pm, a hands on deck meeting has been called with rest of the staff. Supposedly that meeting will unveil the new management structure of KTVK/KPHO.