Belo

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Belo Corporation
Type Public: (NYSEBLC)
Founded Dallas, Texas (1926)
Headquarters Dallas, Texas
Key people Dunia Shive, chairman and CEO
Industry Television, Interactive media
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, 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.

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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.

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 Corporation name (without the "A. H." initials).[1], with the television business being the legal successor to the prior company.[1]

[edit] Television stations

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.

[edit] Former Belo-Owned Television Stations

Current DMA# Market Station, Channel Number Years Owned Currently Notes
14. 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.
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 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! Spanish language cable channel
Phoenix, Arizona Arizona NewsChannel 24 hour news channel for Arizona

[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.

[edit] References

[edit] External links