Belo
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| Type | Public: (NYSE: BLC) |
|---|---|
| Founded | Dallas, Texas (1926) |
| Headquarters | Dallas, Texas |
| Key people | Dunia Shive, president and CEO |
| Industry | Television, Interactive media |
| Revenue | ▲ 733.5 Million (USD) (2008) |
| Employees | 6,600 |
| Website | www.belo.com |
Belo Corp. (pronounced /ˈbɛloʊ/) NYSE: BLC 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, now the name of the newspaper company spun off from Belo early in 2008. The company is the oldest continually-operated corporation in the state of Texas. Belo has its headquarters in the Belo Building in Downtown Dallas.[1]
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[edit] History
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.[citation needed]
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, officially completed in February 2008. The television business retains the Belo Corp. name (without the "A. H." initials),[2] with the television business being the legal successor to the prior company.[3]
[edit] Television stations
- Unlike most other ABC network affiliates, the Belo-owned ABC affiliates broadcast in 1080i instead of 720p.
| Current DMA# | Market | Station, Channel Number | Acquired | Current Affiliation | Notes |
| 5. | Dallas | WFAA 8 | 1950 | ABC This TV (8.3) |
Acquired as the company's flagship station. |
| KFWD1 52 | Independent | Owned and operated by HIC Broadcasting, managed by Belo. | |||
| 10. | Houston | KHOU 11 | 1984 | CBS | Founded by James Stewart and investors; acquired from Corinthian Broadcasting. |
| 12. | Phoenix | KTVK† 3 | 1999 | Independent This TV (3.2) |
Acquired from MAC America Communications. |
| KASW† 61 | 2000 | The CW | Part of a duopoly with KTVK. | ||
| 13. | Seattle | KING-TV† 5 | 1997 | NBC | Acquired from KING Broadcasting Group from merger with The Providence Journal Company. |
| KONG† 16 | 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. |
| 22. | Portland | KGW 8 | 1997 | NBC | Acquired from part of the KING Broadcasting Group from merger with The Providence Journal Company. |
| 24. | Charlotte | WCNC-TV 36 | 1997 | NBC | Acquired from merger with The Providence Journal Company. |
| 37. | San Antonio | KENS 5 | 1997 | CBS | A swap with cable channel Food Network with The E.W. Scripps Company. |
| KCWX2 2 | The CW This TV |
Owned and operated by Corridor Television, LLP, managed by Belo | |||
| 43. | Hampton Roads | WVEC 13 | 1984 | ABC | Acquired from Corinthian Broadcasting. |
| 48. | Austin | KVUE 24 | 1999 | ABC | A swap with KXTV with Gannett. |
| 49. | Louisville | WHAS-TV 11 | 1997 | ABC | Acquired from merger with The Providence Journal Company. |
| 51. | New Orleans | WWL-TV† 4 | 1994 | CBS | Founded by Loyola University of New Orleans; acquired from Rampart Broadcasting, a local employee/investor group. |
| WUPL† 54 | 2007 | MyNetworkTV | Acquired from CBS Corporation. | ||
| 66. | Tucson | KMSB† 11 | 1997 | Fox | Acquired from The Providence Journal Company. |
| KTTU† 18 | 2002 | MyNetworkTV | Acquired from Clear Channel Communications. | ||
| 75. | Spokane | KREM† 2 | 1997 | CBS | Acquired from part of the KING Broadcasting Group from merger with The Providence Journal Company. |
| KSKN† 22 | 2001 | The CW | Duopoly with KREM. | ||
| 112. | 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.
[edit] Former Belo-Owned Television Stations
| Current DMA# | Market | Station, Channel Number | Years Owned | Currently | Notes |
| 13. | Seattle | KIRO-TV 7 | 1995-1997 | CBS network affiliate owned by Cox Enterprises | Divested after acquiring KING-TV from the Providence Journal Company merger. |
| 20. | Sacramento | KXTV 10 | 1984-1999 | ABC network affiliate owned by Gannett Company | Swapped for Austin's KVUE. |
| 25. | Indianapolis | WISH-TV 8 | 1984 | CBS network affiliate owned by LIN Television | Acquired from the Corinthian Broadcasting merger but divested almost immediately to comply with FCC ownership limits of the time. |
| 44. | Albuquerque | KASA-TV 2 | 1997-1999 | Fox network affiliate owned by LIN Television | |
| 61. | Tulsa | KOTV 6 | 1984-2000 | CBS network affiliate owned by Griffin Communications | |
| 71. | Honolulu | KHNL 13 | 1997-1999 | NBC network affiliate owned by Raycom Media | |
| KFVE 5 (now 9) |
See note | MyNetworkTV affiliate owned by MCG Capital Corporation and operated by Raycom Media |
Belo never owned the station but did operate it through a local marketing agreement with KHNL. |
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| 86. | Chattanooga | WTVC 9 | 1980-1984 | ABC network affiliate owned by Freedom Communications | Divested to make room for the Corinthian Broadcasting merger. |
| 107. | Fort Wayne | WANE-TV 15 | 1984 | CBS network affiliate owned by LIN Television | Acquired from the Corinthian Broadcasting merger but divested almost immediately to comply with FCC ownership limits of the time. |
| 141. | Beaumont, Texas | KFDM-TV 6 | 1969-1984 | CBS network affiliate owned by Freedom Communications | Divested to comply with FCC adjacent market regulations from neighboring KHOU-TV. |
[edit] Cable networks
| 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! | 1999 | Spanish language cable channel. Acquired from MAC America Communications. |
| Arizona NewsChannel | 1999 | 24 hour news channel for Arizona. Acquired from MAC America Communications. |
[edit] Online presence
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.
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. This leaves KFWD, a Belo-managed independent station owned by a third party and operated by WFAA, as the only Belo-managed broadcasting property that has yet to relaunch its site.
[edit] References
- ^ "Contact Us." Belo. Retrieved on November 21, 2009.
- ^ "Belo to Create Separate Television and Newspaper Businesses". Belo Corp.. 2007-10-01. http://www.belo.com/pressRelease.x2?release=20071001-1279.html.
- ^ http://www.belo.com/pressRelease.x2?release=20080208-1532.html
[edit] External links
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