- Belo
Infobox_Company
company_name = Belo Corporation
company_
company_type =Public: (nyse|BLC)
foundation =Dallas ,Texas (1926)
location =Dallas ,Texas
key_people =Dunia Shive , chairman and CEO
industry =Television ,Interactive media
revenue = profit 1.52 Billion (USD)
num_employees = 6,600
homepage = [http://www.belo.com/ www.belo.com]Belo Corp. (pronounced IPA|/ˈbɛ.lo(ʊ)/) nyse|BLC is a Dallas-based media company that owns 20
television stations and two regionalcable 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 ofTexas .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 theA. H. Belo Corporation , officially completed in February 2008. The television business retains the Belo Corporation name (without the "A. H." initials). [cite web|url=http://www.belo.com/pressRelease.x2?release=20071001-1279.html|date=2007-10-01|title=Belo to Create Separate Television and Newspaper Businesses|publisher=Belo Corp.] , with the television business being the legal successor to the prior company. [http://www.belo.com/pressRelease.x2?release=20080208-1532.html]Television stations
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 .References
External links
* [http://www.belo.com/ Belo.com]
* [http://www.belointeractive.com/ BeloInteractive.com]
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