KOSA-TV (channel 7) is a television station licensed to Odessa, Texas, United States, serving as the CBS affiliate for the Permian Basin area.
On November 26, 1983, a chartered twin-engine Beechcraft B100 King Air turboprop was flying from Fort Worth back to Odessa[5] when it fell nose first, crashed and burned on impact.
Local real estate company Investment Corporation of America (ICA) purchased the station from Benedek Broadcasting in 2000.
The cash-and-stock merger transaction valued at $3.6 billion—in which Gray shareholders would acquire preferred stock currently held by Raycom—required divestment of either KOSA-TV or KWES-TV due to FCC ownership regulations prohibiting common ownership of two of the four highest-rated stations in a single market (as well as more than two stations in any market).
[9][10][11][12] On August 20, it was announced that Tegna Inc. would buy KWES and sister station WTOL in Toledo, Ohio for $105 million.
[13] However, Gray retained KWAB and converted it to a CW+ affiliate under the callsign KCWO,[14] with a simulcast on KOSA's second digital subchannel.
[17] On July 24, 2020, it was announced that Gray would purchase MeTV affiliate KWWT, and sister low-power station, KMDF-LD for $1.84 million, pending FCC approval.
[18] Gray sought a failing station waiver as the Odessa–Midland market would not have at least eight independent voices after the transaction (KCWO-TV is licensed as a satellite of KOSA-TV despite airing different programming).
That same year they entered into a contract with KTXA in Dallas–Fort Worth to carry select Dallas Mavericks basketball games.