December 3, 2004
Lougee to succeed Wright as group executive for Belo's Northwest Cluster
Dallas,TX -- Belo Corp. (NYSE:BLC) announced today that David Lougee will oversee the Company's group of television stations and cable news operations in the Northwest region effective January 1, 2005, and will also assume other operating and enterprise-wide responsibilities.
Lougee, currently president and general manager of KING-TV (NBC), KONG-TV (Ind.) and NorthWest Cable News in Seattle/Tacoma, will succeed Glenn Wright as group executive over Belo's Northwest operations. Wright plans to retire during the second half of 2005, and with Lougee, will lead the search for Lougee's successor.
Belo's Northwest properties include KING, KONG and NorthWest Cable News in Seattle/Tacoma, KGW-TV (NBC) in Portland, KREM-TV (CBS) and KSKN-TV (WB) in Spokane and KTVB-TV (NBC) in Boise. Belo has the top-rated station in each of its Northwest markets.
"Glenn is a seasoned broadcast professional who embodies the Belo values and has done an excellent job of overseeing the Company's operations in Seattle/Tacoma, the 12th largest television market in the nation, as well as our stations in Portland, Spokane and Boise," said Jack Sander, Belo's president/Media Operations. "When Belo purchased the Northwest properties in 1997, Glenn successfully managed their transition into the Belo organization and has been a leading force in creating synergy among the properties and leveraging these markets to create incremental revenues and cost efficiencies."
Lougee joined Belo in 1998 as KING's executive news director, a position he held until being promoted to vice president and general manager of KING and KONG in June 2000. He was named president and general manager of the two stations and NorthWest Cable News in November 2002. From 1981 to 1998, Lougee held numerous news director, producer and executive positions at television stations in major markets throughout the United States.
During Lougee's span of leadership as both general manager and executive news director, KING, which is one of America's highest-rated stations, grew its perennial ratings leadership in the Seattle/Tacoma market. Lougee also launched a successful 10 p.m. newscast on KONG. In 2003, KING's "Evening Magazine" became the nation's first locally produced daily magazine program broadcast in high definition.
"Dave's outstanding leadership qualities, journalistic acumen and experience make him a valuable resource to Belo, and an excellent choice for this important role," Sander said.
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 approximately 7,600 employees and $1.4 billion in annual revenues, Belo operates media franchises in some of America's most dynamic markets and regions, including Texas, the Northwest, the Southwest, Rhode Island, and the Mid-Atlantic. Belo owns 19 television stations (six in the top 15 markets); owns or operates seven cable news channels; 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). Belo operates more than 30 Web sites, several interactive alliances and a broad range of Internet-based products. Additional information, including earnings releases and corporate communications, is available online at www.belo.com. For more information contact Carey Hendrickson, vice president/Investor Relations and Corporate Communications at Belo, at 214-977-6626.