October 17, 2001

Belo sets schedule for Third Quarter Earnings Release and Conference Call

Dallas, TX -- Belo(NYSE: BLC) said today that it will issue a news release regarding its 2001 third quarter earnings on Wednesday, October 24, 2001, at approximately 7:30 a.m. Central Daylight Time. A conference call to discuss the earnings release and other matters of interest to shareholders and analysts will follow at 1:00 p.m. Central Daylight Time on October 24.

The conference call will be simultaneously Webcast over the World Wide Web. The press and public are invited to participate in the call in a listen-only mode by dialing 1-800-218-8862 or by logging on to www.belo.com and selecting Quarterly Conference Calls from the News Releases page of Belo's Web site (www.belo.com/news.html).

Following the conclusion of the Webcast, the conference call will also be available for playback for a period of approximately two weeks on Belo's Web site.

About Belo
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 8,000 employees and $1.5 billion in annual revenues, Belo operates news and information franchises in some of America's most dynamic markets and regions, including Texas, the Northwest, the Southwest, Rhode Island, and the Mid-Atlantic region. Belo owns 18 television stations (six in the top 16 markets) reaching 13.9 percent of U. S. television households; owns or operates six cable news channels; and manages two television stations through local marketing agreements. Belo publishes four daily newspapers: The Dallas Morning News, The Providence Journal, The Press-Enterprise (Riverside, CA.) and the Denton Record-Chronicle (Denton, TX.). Belo Interactive's new media businesses include 34 Web sites, several interactive alliances, and a broad range of Internet-based products. For more information, contact Skip Cass, Belo's senior vice president, or Carey Hendrickson, Belo's vice president/investor relations, at 214-977-6606. Additional information, including earnings releases, is available online at www.belo.com.