May 8, 2008
Dave Ellett Named Head of Belo Interactive Media
Former Powered and Docent CEO to Coordinate A. H. Belo's Digital Strategy
DALLAS - A. H. Belo Corporation (NYSE: AHC) announced today that is has named David R. (Dave) Ellett to the position of senior vice president, president and General Manager of Belo Interactive Media (BIM). As head of BIM, Ellett will be responsible for managing AHC's interactive media division which is focused on developing innovative solutions and digital product offerings for A.H. Belo and Belo Corp. (NYSE: BLC). BIM continues to provide certain online services and support following the successful distribution of AHC's newspaper and online assets from Belo Corp. earlier this year. Ellett will report to Skip Cass, A. H. Belo's executive vice president.
Belo Interactive Media provides an array of content and advertising services and enterprise-wide technical support for A. H. Belo and Belo Corp.'s Web sites across the country. Both companies' Web sites are industry leaders in terms of both local audiences and revenue generation and are typically among the highest-visited local sites in their respective markets. A. H. Belo and Belo Corp. are both expanding their online and digital strategies to include multiplatform offerings and business models to enhance their already successful online operations in ways that extend beyond traditional content offerings and display and classified advertising models.
Ellett joins A. H. Belo after having held senior positions in several Internet-focused businesses. He most recently served as CEO and Chairman of Powered, an industry-leader in building social commerce Web sites for major brands and publishers. Before joining Powered, Ellett served as CEO at Docent, Inc., a leader in enterprise e-learning and business performance management. He has held several other senior management positions with early-stage online ventures. Prior to his work with smaller, stand-alone Internet companies, Ellett held positions with Oracle and EDS. He was corporate vice president/Worldwide Education for Oracle and spent 13 years with EDS in a number of key management roles including president of the Performance Services Group.
"Our search centered on recruiting a leader who understands how to help our sites take advantage of our consumer engagement and enhanced targeting and audience tracking capabilities, while developing and launching new products that will allow us to expand reach and relevance to both audiences and advertisers," said Cass. "Dave is a leader who understands the inner-workings of a larger organization and brings an entrepreneurial and fast-moving start-up mentality to quickly grow our digital business building capabilities."
"This is a very exciting and dynamic time for local media companies that are building their online and digital businesses," said Ellett. "The strong brands, content and sales relationships that local media companies possess, when channeled into new technology advances and innovations, offer a huge potential for local media companies to connect with audiences and advertisers in entirely new and different ways."
About A. H. Belo Corporation
A. H. Belo Corporation (NYSE: AHC) headquartered in Dallas, Texas, is a distinguished news and information company that owns and operates four daily newspapers and 12 associated Web sites. A. H. Belo publishes The Dallas Morning News, Texas' leading newspaper and winner of eight Pulitzer Prizes since 1986; The Providence Journal, the oldest continuously-published daily newspaper in the U.S. and winner of four Pulitzer Prizes; The Press-Enterprise (Riverside, CA), serving southern California's Inland Empire region and winner of one Pulitzer Prize; and the Denton Record-Chronicle. The Company publishes various specialty publications targeting niche audiences, young adults and the fast-growing Hispanic market. A. H. Belo also owns direct mail and commercial printing businesses. Additional information is available at www.ahbelo.com or by contacting Maribel Correa, director/Investor Relations, at 214-977-2702.