Belo (company)
| Belo Corporation
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|---|---|
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| legal form | Corporation |
| founding | 1842/1926 |
| resolution | 2013 |
| Reason for dissolution | Takeover by Gannett |
| Seat | Dallas , Texas , USA |
| Number of employees | 6,600 |
| sales | $ 1.52 billion |
| Branch | Services |
| Website |
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The Belo Corp. was a listed American media group. It was founded in the middle of the 19th century as a newspaper publisher. After restructuring in 2008, he was most recently operator of 20 television stations and two regional cable news channels. The company was based in the Texas city of Dallas . It was the oldest continuously operating company in Texas.
history
The origin of the company was a newspaper publisher in Galveston , in which the Daily News appeared from April 11, 1842 . In 1857 he began editing the Texas Almanac .
Alfred Horatio Belo acquired the publishing house in 1876. From 1885 he produced the flagship of the house with The Dallas Morning News and put George Bannerman Dealey as publisher. In 1923 the Galveston sheet was sold and the company relocated to Dallas. In 1926 the name was changed to AH Belo Corporation , since 2002 it has been Belo Corp.
In Dallas, the company developed into a major media group, which also includes radio and television programs, including the station WFAA-TV . On October 1, 2007, the group announced a separation of the newspaper and television business. Since 2008 the newspaper publisher has been run independently again under the old company name of AH Belo Corporation .
In December 2013, the media group Gannett took over Belo. Some television stations in Belos were sold to other competitors in the course of the takeover. Through the takeover, Gannett was able to almost double the number of television stations in its portfolio. A split of the Gannett Group in 2015 separated its newspaper publishers and the television stations and online offerings from each other. After the newspaper business was spun off, Gannett was renamed Tegna , while the newspaper business continued under the old name of Gannett. The former Belo transmitters have been operated by Tegna since then.
source
- Historical marker of the Texas Historical Commission (established 1992)
Individual evidence
- ↑ USA Today: Gannett completes its Belo acquisition , accessed September 29, 2019
- ↑ USA Today: TEGNA, Gannett go separate ways as print spin off is completed , accessed September 29, 2019