Quantcast
Last updated on April 21, 2014 at 10:31 EDT

Latest Belo Corporation Stories

2014-02-28 12:27:03

DES MOINES, Iowa, Feb. 28, 2014 /PRNewswire/ -- Meredith Corporation (NYSE:MDP;www.meredith.com), one of America's leading media and marketing companies, today announced it has completed its acquisition of the broadcast assets of KMOV-TV, the CBS affiliate in St. Louis, from Gannett Co., Inc. (NYSE:GCI) and Sander Media LLC, for $177 million. The transaction will not have a material effect on Meredith's third quarter or full year fiscal 2014 financial performance. (Logo:...

2014-01-13 12:26:10

Experienced Exec Oversaw Operations For Belo Corp. CHICAGO, Jan. 13, 2014 /PRNewswire/ -- Tribune today announced the appointment of Kathy Clements as Chief Operating Officer for its broadcasting division, effective immediately. She joins Lynda King, who was appointed last week to a similar position with the division. Like King, Clements will report to Larry Wert, Tribune's President/Broadcast Media, and will assist him in overseeing the operation of the company's portfolio of 42...

2013-12-23 12:23:06

Accretive Transactions Consistent with Meredith's Successful Total Shareholder Return Strategy DES MOINES, Iowa, Dec. 23, 2013 /PRNewswire/ -- Meredith Corporation (NYSE:MDP), one of America's leading media and marketing companies, today announced an expansion of its television footprint by entering into definitive agreements to purchase the broadcast assets of television stations in Phoenix and in St. Louis from Gannett Co., Inc. (NYSE:GCI) and Sander Media LLC for $407.5 million in cash....

2013-12-23 12:23:04

Close of Gannett-Belo Transaction Expected Promptly McLEAN, Va. and PHOENIX, Dec. 23, 2013 /PRNewswire/ -- Gannett Co., Inc. (NYSE: GCI) and Sander Media LLC announced today that KMOV-TV in St. Louis, MO, will be sold to Meredith Corporation (NYSE: MDP). As part of the sale, Sander Media will convey to Meredith substantially all of the assets used in the operation of KMOV-TV which Sander Media will acquire upon close of the Gannett-Belo transaction. In addition, Gannett will convey...

2013-12-16 16:24:20

Belo's KMOV-TV in St. Louis to be Divested Pursuant to Consent Decree with DOJ MCLEAN, Va. and DALLAS, Dec. 16, 2013 /PRNewswire/ -- Gannett Co., Inc. (NYSE: GCI) and Belo Corp. (NYSE: BLC) announced today that they have reached an agreement with the U.S. Department of Justice ("DOJ") that should enable the companies to complete the previously announced acquisition of Belo in 2013. The Belo transaction remains subject to approval by the Federal Communications Commission and other...

2013-10-10 12:26:58

DALLAS, Oct. 10, 2013 /PRNewswire/ -- Television company Belo Corp. (NYSE: BLC) said today that it will issue a news release regarding its third quarter 2013 earnings on Thursday, October 31, 2013, at 7:30 a.m. Central Daylight Time. On June 13, 2013, Gannett Co., Inc. (NYSE: GCI) and Belo jointly announced that they entered into a definitive merger agreement under which Gannett will acquire all outstanding shares of Belo for $13.75 per share in cash, or approximately $1.5 billion,...

2013-09-26 16:25:27

DALLAS, Sept. 26, 2013 /PRNewswire/ -- Television company Belo Corp. (NYSE: BLC) announced today that its Board of Directors declared a quarterly cash dividend for the fourth quarter of 2013 of $0.08 for each outstanding share of Series A common stock and Series B common stock to be paid December 6, 2013, to shareholders of record on October 15, 2013. About Belo Corp.Television company Belo Corp. (NYSE: BLC) owns and operates 20 television stations (nine in the top 25 markets) and...

2013-09-25 12:25:25

DALLAS, Sept. 25, 2013 /PRNewswire/ -- Television company Belo Corp. (NYSE: BLC) held a special meeting of shareholders this morning at which shareholders voted in favor of the proposal to approve and adopt the merger agreement with Gannett Co., Inc. (NYSE: GCI), along with two other related proposals. The transaction is subject to certain regulatory approvals and other customary closing conditions. The Company expects the transaction to close by the end of 2013. About Belo...

2013-09-05 12:25:24

DALLAS, Sept. 5, 2013 /PRNewswire/ -- Belo Corp. (NYSE: BLC) today announced full support of TVB's position on local Live Plus Same Day ("L+SD") ratings data. As demonstrated in the final 2012/2013 TV season data and most recently in the June and July data (as reported by Nielsen), local L+SD ratings most closely approximate today's national C3 data, and should be the minimum ratings standard for local television viewing. "For an industry that is eager to capture all the...

2013-07-25 12:26:39

DALLAS, July 25, 2013 /PRNewswire/ -- Television company Belo Corp. (NYSE: BLC) announced today that its Board of Directors declared a quarterly cash dividend for the third quarter of 2013 of $0.08 for each outstanding share of Series A common stock and Series B common stock to be paid September 6, 2013, to shareholders of record on August 16, 2013. About Belo Corp.Television company Belo Corp. (NYSE: BLC) owns and operates 20 television stations (nine in the top 25 markets) and...