March 31, 2005
The Dallas Morning News purchases land in Dallas southport center
Dallas, TX -- Belo Corp. (NYSE: BLC) announced today the purchase of approximately 50 acres of land adjoining Langdon Road in the Dallas Southport Center by its wholly-owned subsidiary, The Dallas Morning News. The site, located near the Interstate 20 and Interstate 45 interchange in Southern Dallas, is being considered for future expansion of production facilities for The Dallas Morning News.
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 $1.5 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 or by contacting Carey Hendrickson, vice president/Investor Relations & Corporate Communications, at 214-977-6626.