May 24, 2004

KUVN-TV and WFAA-TV create partnership to share news video footage in Dallas/Fort Worth market

Dallas, TX -- Univision-owned television news station KUVN (Channel 23) and WFAA-TV (Channel 8) announced a partnership today that will allow the stations to share news footage. This is the first time a Belo Corp.-owned station and Univision have entered into such an agreement.

Under the terms of the new alliance, KUVN will be able to access portions of News 8 helicopter footage for use on its air. The footage will be identified as originating from WFAA, the D/FW ABC affiliate. WFAA will also be able to use portions of KUVN's coverage.

"We are pleased to be able to work with the fine broadcasters at KUVN," said Kathy Clements, WFAA president and general manager. "This strategic alliance allows KUVN the ability to access footage shot by our helicopter crew, and gives WFAA increased presence in front of the growing audience of Hispanic viewers in North Texas."

"We are happy to join with WFAA to enhance the breadth and quality of news coverage of the Dallas-Fort Worth market," commented Becky Munoz-Diaz, Vice-President and General Manager of KUVN. "Viewers of both stations will benefit. "WFAA is the most-watched station for local news in North Texas, and KUVN is the most watched local news station for area Hispanics," said Clements. "It's a smart association."

The partnership between the stations will begin in May.

About WFAA-TV

WFAA-TV is part of Belo Corp., 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 approximately 7,900 employees and $1.4 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 19 television stations (six in the top 15 markets) reaching 13.8 percent of U.S. television households; owns or operates 10 cable news channels; and manages one television station through a local marketing agreement. Belo's daily newspapers include 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 more than 30 Web sites, several interactive alliances and a broad range of Internet-based products. Additional information, including earnings releases, is available online at www.belo.com. For more information contact Dave Muscari, Vice President/Strategic Alliances, 214.977.6490.