Friday, March 14, 2014

Belo Corp: A Media Company

Previously named A. H. Belo Corporation after its early owner Alfred Horatio Belo, Belo Corporation is a media company based in Downtown Dallas. The company is known for operating 2 regional 24-hour cable news television channels and 20 other commercial broadcasting television stations.

Though the business was officially formed as A. H. Belo in 1926, their history goes back to 1842 with the launch of The Daily News in Galveston, Texas. The company used to operate print media and had the business spun off to its shareholders. The Dallas Morning has been the flagship of the business and was first published in 1885. In June 2013, Gannett Company purchased the entire venture of Belo for $1.5 billion and included the assumption of all the debts incurred by the business.

The business was then integrated into Gannett Company, an international media and marketing solutions company. There are more than 110 million people that enjoy the services offered by the business in a diverse digital, mobile, and print platforms.

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