DALLAS, Dec. 28 /PRNewswire/ -- Belo (NYSE: BLC) announced today that,
effective January 1, 2001, the Company's official name will change from A. H.
Belo Corporation to Belo Corp.. The change will be achieved via the merger of
a newly organized Delaware subsidiary named Belo Corp. with the existing A. H.
Belo Corporation. The sole purpose of the merger is to change the
corporation's name, which does not require shareholder approval under Delaware
law. The Company's Board of Directors previously approved the name change and
related merger.
Any and all references to the Company should be Belo, except where a legal
designation requires Belo Corp., the Company's official name.
Belo is one of the nation's largest media companies with a diversified
group of market-leading broadcasting, publishing, cable and interactive media
assets. A Fortune 1000 company with more than 9,000 employees and
$1.6 billion in annual revenues, Belo operates news and information franchises
in some of America's most dynamic markets and regions, including Texas, the
Northwest, Arizona, Southern California, Rhode Island, and the Mid-Atlantic
region. Belo owns 18 television stations (six in the top 17 markets) reaching
14 percent of U. S. television households; six cable news channels; and three
television stations managed through local marketing agreements. Belo
publishes six daily newspapers including The Dallas Morning News, The
Providence Journal and The Press-Enterprise (Riverside, CA). Belo
Interactive's new media businesses include 38 Web sites, several interactive
alliances, and a broad range of Internet-based products. For more information
on Belo, contact Skip Cass, Belo's senior vice president, at 214-977-6602.
Additional information, including earnings releases, is available online at
http://www.belo.com.
SOURCE Belo
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Related links:
http://www.belo.com
Company News On-Call:
http://www.prnewswire.com/comp/117813.html or fax,
800-758-5804, ext. 117813
CONTACT:
Skip Cass, senior vice president of Belo,
214-977-6602
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