July 23, 2004

KVUE-TV to deliver gavel-to-gavel convention coverage, 24/7 news on its digital signal through November 2

Austin, TX -- KVUE-TV, Belo Corp.'s (NYSE:BLC) ABC affiliate in Austin, announced today that it will carry 24-hour news coverage on a dedicated digital channel -- including gavel-to-gavel coverage of both political conventions -- from Monday, July 26 through election day, November 2.

ABC News' Peter Jennings will lead coverage of both conventions as the centerpiece of a groundbreaking, 14-week programming venture. The programming, called ABC News Now, provides expanded news coverage to participating affiliates. Beyond convention coverage, 24/7 programming on ABC News Now will cover live breaking news events, hourly news briefs from anchors and news reports from ABC News correspondents.

Each of Belo's four ABC affiliates -- including WFAA-TV (Dallas/Fort Worth), WVEC-TV (Hampton/Norfolk), and WHAS-TV (Louisville) -- will carry the 24/7 coverage on a dedicated digital channel.

"In migrating to digital technology, KVUE-TV can now transmit several signals in a bandwidth that used to carry just one, providing more programming choices to our viewers," said Patti C. Smith, vice president and general manager of KVUE-TV. "This groundbreaking programming is an example of how multicasting will enable us to better serve our communities through our coverage of the political process."

Viewers must have a digital set or digital converter in order to receive the dedicated channel over the air, Channel 24-2. Additionally, Time Warner Cable will be carrying the coverage provided by KVUE-TV on Channel 1512 of their digital tier.

KVUE-TV is part of Belo Corp. (NYSE:BLC), 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 Scott Baradell, vice president/Corporate Communications, at 214-977-6606.