Belo to Hold Investor Conference in New York

DALLAS, Jan. 22 /PRNewswire-FirstCall/ -- Belo Corp. (NYSE: BLC) will hold
an Investor Conference at The New York Palace Hotel in New York City on
Wednesday, January 30 beginning at 9:00 a.m. EST. Management will provide
strategic overviews of Belo Corp. and A. H. Belo Corporation, the new
publishing company to be formed as a result of the Company's decision to
spin-off the newspaper business and its related assets. In addition,
management plans on providing limited fourth quarter and full year earnings
information in advance of the regular earnings release scheduled for
Wednesday, February 13, 2008.
The Investor Conference will be Webcast simultaneously over the Internet.
The news media and public are invited to listen in by logging into
http://www.belo.com/invest and clicking the Investor Conference link. A
replay of the Webcast will be posted approximately three hours after the event
and will be available on the Web for two weeks.
About Belo
Belo Corp. is one of the nation's largest media companies with a
diversified group of market-leading television, newspaper, cable and
interactive media assets. A Fortune 1000 company with 7,000 employees and
approximately $1.6 billion in annual revenues, Belo operates in some of
America's most dynamic markets in Texas, the Northwest, the Southwest, the
Mid-Atlantic and Rhode Island. Belo owns 20 television stations, six of which
are in the 15 largest U.S. broadcast markets. The Company also owns or
operates six cable news stations and manages one television station through a
local marketing agreement. Belo's daily newspapers are The Dallas Morning
News, The Providence Journal, The Press-Enterprise (Riverside, CA) and the
Denton Record-Chronicle (Denton, TX). The Company also publishes specialty
publications targeting young adults, and the fast-growing Hispanic market,
including Quick and Al Dia inn Dallas/Fort Worth, and El D and La Prensa in
Riverside. Belo operates more than 30 Web sites associated with its operating
companies. Additional information is available at http://www.belo.com or by
contacting Paul Fry, vice president/Investor Relations & Corporate
Communications, at 214-977-6835.
Statements in this communication concerning Belo's business outlook or
future economic performance, anticipated profitability, revenue, expenses,
dividends, capital expenditures, investments, future financings, or other
financial and non-financial items that are not historical facts, are "forward-
looking statements" as the term is defined under applicable federal securities
laws. Forward-looking statements are subject to risks, uncertainties and other
factors that could cause actual results to differ materially from those
statements.
Such risks, uncertainties and factors include, but are not limited to,
uncertainties regarding the execution, timing, costs, consequences (including
tax consequences), and other effects of the spin-off of the newspaper business
of Belo; changes in capital market conditions and prospects, and other factors
such as changes in advertising demand, interest rates and newsprint prices;
newspaper circulation matters, including changes in readership patterns and
demography, and audits and related actions by the Audit Bureau of
Circulations; technological changes, including the transition to digital
television and the development of new systems to distribute television and
other audio-visual content; development of Internet commerce; industry cycles;
changes in pricing or other actions by competitors and suppliers; Federal
Communications Commission and other regulatory changes; adoption of new
accounting standards or changes in existing accounting standards by the
Financial Accounting Standards Board or other accounting standard-setting
bodies or authorities; the effects of Company acquisitions and dispositions;
general economic conditions; and significant armed conflict, as well as other
risks detailed in Belo's other public disclosures, and filings with the
Securities and Exchange Commission ("SEC") including the Annual Report on
Form 10-K.
SOURCE Belo Corp.

Paul Fry, vice president-Investor Relations & Corporate Communications of Belo
Corp., +1-214-977-6835