A. H. Belo Corporation owns and operates the Company's flagship newspaper, The Dallas Morning News, winner of eight Pulitzer Prizes since 1986 and the 9th largest daily and 12th largest Sunday newspaper in the nation based on circulation; The Providence Journal, the oldest continuously published daily newspaper in the United States; and The Press-Enterprise, serving Southern California's Inland Empire region, one of the fastest-growing areas in the United States. A. H. Belo also owns and manages the various Web sites associated with these properties, as well as certain niche products and direct mail and commercial printing businesses. A. H. Belo's combined newspaper and related online businesses reach a total audience of 3.7 million people in markets with attractive long-term demographics. These businesses currently have annual revenues of approximately $750 million and about 3,700 employees.
Following are some of our most significant milestones over the years:
1842 - The Daily News begins publishing in Galveston, Texas. Willard Richardson becomes editor a year later. Mr. Richardson makes The Daily News one of the nation's first papers to be distributed statewide by rail.
1865 - Alfred Horatio Belo joins The Daily News, now the most powerful newspaper in Texas. Belo succeeds Mr. Richardson and becomes majority owner of the Company.
1882 - The Company incorporates. Belo sends a young associate, George Bannerman Dealey, north to select a location for a sister newspaper. Three years later, The Dallas Morning News begins publishing under Mr. Dealey's direction.
1920 - Mr. Dealey becomes president of the Company. Six years later he renames it A.H. Belo Corporation in honor of his mentor.
1950 - Belo furthers its leadership in broadcasting by purchasing Dallas TV station KBTV and renamed it WFAA-TV. Today the ABC affiliate is the leading television station in Dallas/Fort Worth and the flagship of Belo's Television Group.
1981 - Belo's stock is publicly traded over the counter. Two years later it is listed on the New York Stock Exchange.
1997 - In the biggest transaction in its history, Belo acquires The Providence Journal Company. With it comes The Providence Journal; KING-TV and NorthWest Cable News (NWCN) in Seattle/Tacoma; KGW-TV in Portland; WCNC-TV in Charlotte; WHAS-TV in Louisville; KMSB-TV in Tucson; KREM-TV in Spokane; and KTVB-TV in Boise. In separate 1997 transactions, Belo acquires The Press-Enterprise, a daily newspaper serving Riverside County and the inland Southern California area; KMOV-TV in St. Louis; and KENS-TV in San Antonio .
1999 - In July, Belo acquires the Denton Publishing Company in Denton, Texas, which includes the Denton Record-Chronicle.
2001 - The Company's official name is changed from A. H. Belo Corporation to Belo Corp.
2004 - The Providence Journal celebrates its 175th anniversary on July 21. The Journal is the oldest continuously published daily newspaper in the U.S.
2008 - The Company's Board of Directors unanimously approved a plan to create separate television and newspaper businesses by spinning off the newspaper business into a publicly-traded company called A. H. Belo Corporation. Robert W. Decherd, past chairman and Chief Executive Officer of Belo Corp., became chairman, president and Chief Executive Officer of A. H. Belo, and non-executive chairman of Belo Corp.