Belo Corp.
Gannett 1Q Net Profit Falls 43 Percent
Gannett Co. said Wednesday that its first-quarter net profit dropped 43 percent, pulled down by restructuring costs, but its adjusted profit managed to beat Wall Street predictions by a penny. read more >
by Associated Press -
FCC Approves Gannett’s Purchase of Belo Stations
The Federal Communications Commission has approved two multi-billion-dollar mergers involving the consolidation of major TV station groups. read more >
by Associated Press -
Justice Department Requires Station Sale in Gannett-Belo Deal
The U.S. Justice Department on Monday attached conditions to media company Gannett's $1.5 billion purchase of Belo Corp. and its 20 TV stations, saying it has to sever ties with KMOV-TV, a CBS affiliate in St. Louis. read more >
by Associated Press -
Justice Department Wants More Info on $985M Sinclair, Allbritton Deal
Sinclair Broadcasting Group of Hunt Valley, Md., has received a second request for information on its $985 million deal to acquire television stations owned by Allbritton Communications Corp. of Arlington, Va. read more >
by Lance Turner -
Sinclair Profit Drops But Broadcast Revenue Up 28 Percent
Sinclair Broadcast Group, which is the ABC affiliates owned by Allbritton Communications, reports a drop in second-quarter profit while broadcast revenue rose 28 percent. read more >
by Lance Turner -
Gannett to Buy TV Station Owner Belo for $1.5B
Gannett said it reached a deal to buy Belo for about $1.5 billion in cash, significantly boosting its presence in television broadcasting. read more >
by Associated Press -
Gannett Nearly Doubles TV Portfolio with $2B Deal for Belo
Gannett Co., which owns KTHV-TV, Channel 11, in Little Rock and the Baxter Bulletin in Mountain Home, announced Thursday that's buying Belo Corp. of Dallas in a $2.2 billion deal that includes $175 million of debt. read more >
by Lance Turner -
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