March 5, 2007
Belo and Cox Communications Finalize Retransmission Agreement
National Deal Covers Stations in Phoenix, Hampton/Norfolk, New Orleans, Tucson and Twin Falls, Idaho
DALLAS AND ATLANTA -- Belo Corp. (NYSE: BLC) and Cox Communications announced today they reached a retransmission-consent agreement that covers Belo television stations and local cable news channels in the Phoenix, Hampton/Norfolk, New Orleans, Tucson and Twin Falls, Idaho markets. The agreement covers the high-definition and analog signals, as well as locally produced content for video-on-demand, of the following stations: KTVK and KASW-TV in Phoenix; WVEC-TV in Hampton/Norfolk, WWL-TV and WUPL-TV in New Orleans; KMSB-TV and KTTU-TV in Tucson; and KTFT-TV in Twin Falls, Idaho. Also included in the agreement are the following local cable news channels: Arizona NewsChannel in Phoenix, Local News on Cable in Hampton/Norfolk, and NewsWatch on Channel 15 in New Orleans.
Approximately 1.4 million Cox viewers will benefit from the finalized deal. Terms of the agreement were not disclosed by either party.
"We are pleased to have finalized this deal with Cox, and we look forward to continuing to provide our award-winning news and information to our viewers in these cities, especially through the addition of our high-definition signals to Cox customers," said Dunia Shive, Belo's president/Chief Operating Officer."
"We are likewise pleased with the outcome of the negotiations," said Bob Wilson, senior vice president of programming for Cox. "Belo stations are important to our mutual customers, and securing long-term carriage rights to the signals of these stations has long been our goal."
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 7,100 employees and $1.6 billion in annual revenues, Belo operates in some of America's most dynamic markets in Texas, the Northwest, the Southwest, the Mid-Atlantic and Rhode Island. Belo owns 20 television stations, six of which are in the 15 largest U.S. broadcast markets. The Company also 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). The Company also publishes specialty publications targeting young adults, and the fast-growing Hispanic market, including Quick and Al D a in Dallas/Fort Worth, and El D and La Prensa in Riverside. Belo operates more than 30 Web sites associated with its operating companies. Additional information is available at www.belo.com or by contacting Carey Hendrickson, vice president/Investor Relations & Corporate Communications, at 214-977-6626.
About Cox Communications
Cox Communications is a multi-service broadband communications and entertainment company with more than 6 million total residential and commercial customers. Cox offers an array of advanced digital video, high-speed Internet and telephony services over its own nationwide IP network, as well as integrated wireless services in partnership with Sprint. Cox Business Services is a full-service, facilities-based provider of communications solutions for commercial customers, providing high-speed Internet, voice and long distance services, as well as data and video transport services for small to large-sized businesses. Cox Media offers national and local cable advertising in traditional spot and new media formats, along with promotional opportunities and production services. More information about the services of Cox Communications, a wholly owned subsidiary of Cox Enterprises, is available at www.cox.com, www.coxbusiness.com, and www.coxmedia.com. Contact Erin Lambremont, public relations for Cox Communications at 404-843-5854.
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