|This article needs additional citations for verification. (December 2012)|
|Traded as||NYSE: BLC|
|Industry||Television, Interactive media|
|Founded||Dallas, Texas, United States (1926)|
|Headquarters||Dallas, Texas, United States|
|Key people||Dunia Shive, president and CEO|
|Revenue||US$687 million (FY 2010)|
|Operating income||US$216 million (FY 2010)|
|Net income||US$86.9 million (FY 2010)|
|Total assets||US$1.59 billion (FY 2010)|
|Total equity||US$171 million (FY 2010)|
Belo Corporation // is a Dallas-based media company that owns 20 commercial broadcasting television stations and two regional 24-hour cable news television channels. The company was previously known as A.H. Belo Corporation after one of the early owners of the company, Alfred Horatio Belo, now the name of the newspaper company spun off from Belo early in 2008. Belo has its headquarters in the Belo Building in Downtown Dallas, designed by Dallas architects Omniplan and constructed between 1983 and 1985.
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 Corporation in 2002.
On October 1, 2007, Belo announced the separation of its newspaper and television businesses by spinning off its newspaper business to shareholders as A. H. Belo, officially completed in February 2008. The television business retains the Belo Corporation name (without the "A. H." initials). The spin-off was structured so that the broadcasting company is the legal successor to the prior company.
On June 13, 2013, Gannett Company announced plans to buy Belo for $1.5 billion and the assumption of debt. Because of ownership conflicts that exist in markets where both Belo and Gannett own television stations and newspapers, the use of a third-party company (Sander Media, LLC, owned by former Belo executive Jack Sander) as a licensee to buy stations to be operated by the owner of a same-market competitor and concerns about any possible future consolidation of operations of Gannett- and Belo-owned properties in markets where both own television stations or collusion involving the Gannett and Sander stations in retransmission consent negotiations, anti-media-consolidation groups (such as Free Press) and pay television providers (such as Time Warner Cable and DirecTV) have called for the FCC to block the acquisition.
Stations are arranged in alphabetical order by state and city of license.
- 1) Two boldface asterisks appearing following a station's call letters (**) indicate a station that was owned by Dun & Bradstreet subsidiary Corinthian Broadcasting prior to its acquisition by the original A.H. Belo Corporation in 1984;
- 2) Two boldface plus signs appearing following a stations call letters (++) indicate a station that was owned by the Providence Journal Company prior to its acquisition by the original A.H. Belo Corporation in 1997;
- 3) KMSB-TV and KTTU in Tuscon are operated by Raycom Media-owned KOLD-TV through shared services and joint sales agreements.
|City of license/Market||Station||Channel
|Tucson||KMSB-TV ++||11 (25)||1997||Fox|
|Boise||KTVB ++||7 (7)||1997||NBC|
|Twin Falls, Idaho||KTFT-LD ++
(satellite of KTVB)
|Louisville||WHAS-TV ++||11 (11)||1997||ABC|
|New Orleans||WWL-TV||4 (36)||1994||CBS|
|St. Louis||KMOV||4 (24)||1997||CBS|
|Charlotte||WCNC-TV ++||36 (22)||1997||NBC|
|Portland, Oregon||KGW-TV ++||8 (8)||1997||NBC|
|Austin, Texas||KVUE||24 (33)||1999||ABC|
|Dallas - Fort Worth||WFAA-TV||8 (8)||1950||ABC|
|Houston||KHOU-TV **||11 (11)||1984||CBS|
|San Antonio||KENS-TV||5 (39)||1997||CBS|
|Hampton - Norfolk - Portsmouth||WVEC-TV **||13 (13)||1984||ABC|
|Seattle - Tacoma||KING-TV ++||5 (48)||1997||NBC|
|Spokane, Washington||KREM-TV ++||2 (20)||1997||CBS|
|City of license/Market||Station||Channel
|Years owned||Current affiliation and ownership|
|Sacramento - Stockton - Modesto||KXTV **||10 (10)||1984–1999||ABC affiliate owned by Gannett Company|
|Honolulu||KHNL ++||13 (35)||1997–1999||NBC affiliate owned by Raycom Media|
|Fort Wayne, Indiana||WANE-TV **||15 (31)||1984||CBS affiliate owned by LIN Media|
|Indianapolis||WISH-TV **||8 (9)||1984||CBS affiliate owned by LIN Media|
|Santa Fe - Albuquerque||KASA-TV ++||2 (27)||1997–1999||Fox affiliate owned by LIN Media|
|Tulsa||KOTV **||6 (45)||1984–2000||CBS affiliate owned by Griffin Communications|
|Chattanooga||WTVC||9 (9)||1980–1984||ABC affiliate owned by Sinclair Broadcast Group|
|Beaumont - Port Arthur, TX||KFDM-TV||6 (21)||1969–1984||CBS affiliate owned by Sinclair Broadcast Group|
|Seattle - Tacoma||KIRO-TV||7 (39)||1995–1997||CBS affiliate owned by Cox Media Group|
|Hampton Roads, VA||LNC (LNC 5)||Cable 5||1997-2010||24-Hour News channel that was only available on Cox Cable; now defunct|
|Availability||Station, Channel Number||Acquired/
|Seattle, Portland, Spokane, Boise||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 (news channel)
KTVB sub-channel: 7.2 / 26.2, 28, KZAK-LD: 49
|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.|
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 into 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.
In late 2009, Belo began transitioning the Web operations of its television stations from a largely in-house operation to the Broadcast Interactive Media platform. The first such relaunches were the Web sites of its Arizona station properties—KTVK/KASW in Phoenix and KMSB/KTTU in Tucson—which launched in September 2009. The transition (at least for the major Belo television properties) was completed on November 19, 2009 when WFAA in the Dallas–Fort Worth metroplex relaunched its Web site.
- Belo (BLC) annual SEC income statement filing via Wikinvest.
- Belo (BLC) annual SEC balance sheet filing via Wikinvest.
- "Contact Us." Belo. Retrieved on November 21, 2009. See also Judith Garrett Segura, Belo: From Newspapers to New Media. Austin: University of Texas Press, 2008.
- "Belo to Create Separate Television and Newspaper Businesses". Belo Corp. 2007-10-01.
- "Gannett to buy Belo for $1.5 billion". Reuters. 2013-06-13.
- Free Press, Others Ask FCC To Deny Some Gannett/Belo Transfers, Broadcasting & Cable, July 24, 2013.
- Public Interest Groups, Cable Companies Oppose Gannett-Belo Merger, AdWeek, July 25, 2013.
- Segura, Judith Garrett (2010). Belo: From Newspapers to New Media. Austin: University of Texas Press. ISBN 0292718462.