Belo

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Belo Corporation
Type Public: (NYSEBLC)
Founded Dallas, Texas (1926)
Headquarters Dallas, Texas
Key people Robert Decherd, chairman and CEO
Industry Mass media
Products Television networks
Newspapers
Cable news television
Online presence
Revenue 1.52 Billion (USD)
Employees 6,600
Website www.belo.com

Belo Corp. (pronounced /ˈbɛ.lo(ʊ)/) NYSEBLC is a Dallas-based media company that owns 20 television stations and two regional cable television news channels. The company was previously known as A.H. Belo after one of the early owners of the company, Alfred Horatio Belo.

The company traces its roots back to 1842 with the introduction of The Daily News in Galveston, Texas. Its flagship, The Dallas Morning News, has been publishing since 1885. The name A.H. Belo Corporation was applied to the company in 1926. The name was shortened to Belo Corp. in 2002.

The company is the oldest continually-operated corporation in the state of Texas.

On October 1, 2007, Belo announced the separation of its newspaper and television businesses by spinning off its newspaper business to shareholders as the A. H. Belo Corporation, to be completed in early 2008. The television business will retain the Belo Corporation name (without the "A. H." initials). [1] The spinoff is structured so that the television business will become the legal successor to the current company, and the newspaper business will be a newly-created company. Current Belo chairman and CEO Decherd will become president and CEO of the new spinoff; the television business will be headed by current Belo president and COO Dunia A. Shive.

Contents

Current DMA# Market Station, Channel Number Acquired Current Affiliation Notes
5. Dallas WFAA-TV 8 1950 ABC Acquired as the company's flagship station.
Dallas KFWD1 52 Independent Owned and operated by HIC Broadcasting, managed by Belo.
10. Houston KHOU-TV 11 1984 CBS Founded by Jimmy Stewart and investors; acquired from Corinthian Broadcasting.
12. Phoenix KTVK3 1999 Independent Acquired from MAC America Communications.
Phoenix KASW61 2000 The CW Part of a duopoly with KTVK.
14. Seattle KING-TV5 1997 NBC Acquired from KING Broadcasting Group from merger with The Providence Journal Company.
Seattle KONG-TV16 2000 Independent Part of a duopoly with KING-TV.
21. St. Louis KMOV 4 1997 CBS Acquired from Viacom in three-way trade which sent KIRO-TV to Cox Enterprises.
23. Portland KGW 8 1997 NBC Acquired from part of the KING Broadcasting Group from merger with The Providence Journal Company.
25. Charlotte WCNC-TV 36 1997 NBC Acquired from merger with The Providence Journal Company.
37. San Antonio KENS-TV 5 1997 CBS A swap with cable channel Food Network with The E.W. Scripps Company.
San Antonio KCWX2 2 The CW Owned and operated by Corridor Television, LLP, managed by Belo
42. Hampton Roads WVEC-TV 13 1984 ABC Acquired from Corinthian Broadcasting.
48. Louisville WHAS-TV 11 1997 ABC Acquired from merger with The Providence Journal Company.
51. Austin KVUE 24 1999 ABC A swap with KXTV with Gannett.
53. New Orleans WWL-TV4 1994 CBS Founded by Loyola University of New Orleans; acquired from Rampart Broadcasting, a local employee/investor group.
New Orleans WUPL54 2007 MyNetworkTV Acquired from CBS Corporation.
68. Tucson KMSB11 1997 Fox Acquired from The Providence Journal Company.
Tucson KTTU-TV18 2002 MyNetworkTV Acquired from Clear Channel Communications.
77. Spokane KREM-TV2 1997 CBS Acquired from part of the KING Broadcasting Group from merger with The Providence Journal Company.
Spokane KSKN22 2001 The CW Duopoly with KREM-TV.
113. Boise KTVB 7 1997 NBC Acquired from part of the KING Broadcasting Group from merger with The Providence Journal Company.

† = part of a duopoly
1 = Owned by HIC Broadcasting and Managed by Belo.
2 = Owned by Corridor Television, LLP and Managed by Belo.

Current DMA# Market Station, Channel Number Years Owned Currently
14. Seattle KIRO-TV 7 1995-1997 CBS network affiliate owned by Cox Enterprises
20. Sacramento KXTV 10 1984-1999 ABC network affiliate owned by Gannett Company
26. Indianapolis WISH-TV 8 1984 CBS network affiliate owned by LIN Television
44. Albuquerque KASA-TV 2 1997-1999 Fox network affiliate owned by LIN Television
60. Tulsa KOTV 6 1984-2000 CBS network affiliate owned by Griffin Communications
73. Honolulu KHNL 13 1997-1999 NBC network affiliate owned by Raycom Media
86. Chattanooga WTVC 9 1980-1984 ABC network affiliate owned by Freedom Communications
107. Fort Wayne WANE-TV 15 1984 CBS network affiliate owned by LIN Television
141. Beaumont, Texas KFDM 6 1969-1984 CBS network affiliate owned by Freedom Communications

Availability Station, Channel Number Acquired/Introduced Notes
Seattle, Portland, Spokane NWCN (NorthWest Cable News), Channel Numbers Vary 1997 Acquired from part of the KING Broadcasting Group from merger with The Providence Journal Company.
Dallas, Houston, San Antonio, Austin, Corpus Christi, Laredo, Texarkana, Port Arthur/Beaumont, Waco, El Paso, Wichita Falls, Rio Grande Valley TXCN (Texas Cable News), Channel Numbers Vary 1999 Composed of news teams from: WFAA-TV, Dallas; KHOU-TV, Houston; KENS-TV, San Antonio; KVUE, Austin
Boise 24/7 KTVB sub-channel: 7.2 / 26.2, 28, KZAK-LP: 49 2003 From KTVB.
Hampton Roads, Knotts Island LNC (LNC5), 5 1997 Available only on Cox Cable.
New Orleans Metropolitan Area, Baton Rouge, Acadiana Region NewsWatch 15 15 1988 Composed of the WWL-TV news team, jointly owned by Belo Corporation and Cox Communications.
Phoenix, Arizona ¡Más Arizona! Spanish language cable channel
Phoenix, Arizona Arizona NewsChannel 24 hour news channel for Arizona

In addition, Belo operates websites for each of its properties. The sites were formerly part of a separate company, known as Belo Interactive. In late 2004, the company began the process of reintegrating the sites in to sister media properties. One of its most infamous investments was in the failed CueCat and its parent company, Digital Convergence. Belo integrated its media properties to be able to use the device, but it never took off.

Belo is also one of the major investors in Classified Ventures, LLC. áá

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