July 16, 2007

Belo Sets Schedule for Second Quarter Earnings Release and Conference Call

DALLAS -- Belo Corp. announced today that it will issue a news release regarding its second quarter 2007 earnings on Friday, July 27, 2007, at approximately 7:30 a.m. Central Daylight Time. A conference call to discuss the earnings release and other matters of interest to shareholders and analysts will follow at 1:00 p.m. CDT that afternoon.

The conference call will be simultaneously Webcast on the Company's Web site (www.belo.com/invest). Following the conclusion of the Webcast, a replay of the conference call will be archived on Belo's Web site.

To access the listen-only conference lines, dial 1-888-428-4480. A replay line will be open from 4:30 p.m. CDT on July 27 until 11:59 p.m. CDT on August 3, 2007. To access the replay, dial 1-800-475-6701 or 320-365-3844 (International). The access code for the replay is 880735.

About Belo
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.