January 8, 2009

Television Company, Belo Corp. (BLC), Sets Schedule for Fourth Quarter and Full Year 2008 Earnings Release and Conference Call

Dallas... Belo Corp. (NYSE: BLC), one of the nation's largest pure-play, publicly-traded television companies, said today that it will issue a news release regarding its fourth quarter and full year 2008 earnings on Thursday, February 5, 2009, at approximately 7:30 a.m. Central Standard 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. CST 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 1-800-288-8960. A replay line will be open from 3:00 p.m. CST on February 5, 2009 until 11:59 p.m. CST on February 12, 2009. To access the replay, dial 1-800-475-6701 or 320-365-3844 (International). The access code for the replay is 980652.

About Belo Corp.
Belo Corp. (BLC) is one of the nation's largest pure-play, publicly-traded television companies, with 2007 annual revenue of $777 million. The Company owns and operates 20 television stations (nine in the top 25 markets) and their associated Web sites. Belo stations, which include affiliations with ABC, CBS, NBC, FOX, CW and MyNetwork TV, reach more than 14 percent of U.S. television households in 15 highly-attractive markets. Nearly all Belo stations rank first or second in their local market. Additional information is available at www.belo.com or by contacting Paul Fry, vice president/Investor Relations & Corporate Communications, at 214-977-6835.