Belo Corporation was a Dallas-based media company that owned 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 had 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 Oct 1, 2007, Belo announced the separation of its newspaper and television businesses by spinning off its newspaper business to shareholders as A. H. Belo Corporation, officially completed in February 2008. The television business retained the Belo Corporation name. The spin-off was structured so that the broadcasting company was the legal successor to the prior company.
In Sept 2010, Belo became the first non-ABC group to sign on with the Live Well Network, adding it to 5 of their stations (WFAA, KMOV, WCNC-TV, WVEC, & WWL-TV) on November 8, 2010.
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, Gannett planned to sell six Belo-owned stations–KMOV in St. Louis, WHAS-TV in Louisville, KMSB in Tucson, KGW-TV in Portland, Oregon and KTVK and KASW in Phoenix—to Sander Media, LLC, owned by former Belo executive Jack Sander. Gannett would have provided some services to the Sander stations under joint services agreements. Due to 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 called for the FCC to block the acquisition.
On June 29, 2015, Gannett split into two companies, one specializing in print media and named “Gannett,” and the other specializing in broadcast and digital media. The latter company, Tegna, retained most of the Belo stations and is the legal successor to the company that previously bore Gannett’s name.