January 31, 2011

Television Company Belo Corp. (BLC) Sets Schedule for Fourth Quarter and Full Year 2010 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 2010 earnings on Tuesday, February 8, 2011 at 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 at www.belo.com. 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 1-800-230-1951. A replay line will be open from 3:00 p.m. CST on February 8, 2011 until 11:59 p.m. CST on February 22, 2011. To access the replay, dial 1-800-475-6701 or 320-365-3844. The access code for the replay is 187908.

About Belo Corp.
Belo Corp. (BLC), one of the nation's largest pure-play, publicly-traded television companies, 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. Belo stations rank first or second in nearly all of their local markets. Additional information is available at www.belo.com or by contacting Paul Fry, vice president/Investor Relations & Treasury Operations, at 214-977-6835.