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DALLAS, Nov. 2, 2009 (GLOBE NEWSWIRE) -- InvestorSoup.com announces an investment report featuring Belo Corp. (NYSE:BLC). The report includes financial, comparative and investment analyses, and pertinent industry information you need to know to make an educated investment decision.

The investment report on Belo Corp. (NYSE:BLC) should be of particular interest to other broadcasting and TV companies: Scripps Networks Interactive Inc. (NYSE:SNI), LIN TV Corp. (NYSE:TVL), Gray Television Inc. (NYSE:GTN) and Sinclair Broadcast Group Inc. (Nasdaq:SBGI).

It is available at: http://www.investorsoup.com/lp/BCL

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Belo Corp. (BLC) is a pure-play television company. The Company has a diversified group of television broadcasting operations, including interactive media and cable news operations. The Company owns and operates 20 television stations reaching more than 14% of United States television households, including ABC, CBS, NBC, FOX, CW and MyNetwork TV (MNTV) affiliates, and their associated Websites, in 15 markets across the United States. BLC manages one television station through a local marketing agreement (LMA). In addition it owns two local and two regional cable news channels and holds ownership interests in two other cable news channels.

Message Board Search for BLC: http://www.boardcentral.com/boards/BLC

In the report, the analyst notes:

"Non-political advertising revenues decreased $45,536, or 26.6%, in the three months ended June 30, 2009, compared to the three months ended June 30, 2008. This decrease is primarily due to a $44,845, or 27.9%, decrease in local and national spot revenue. Spot revenue decreased in most categories but primarily in the automotive, retail, entertainment, consumer services, home construction and improvement, healthcare, restaurant and financial services categories. Internet advertising revenues decreased $380, or 5.1%. Political advertising revenues decreased $1,767 in the second quarter 2009 as compared with the second quarter 2008.

"BLC is scheduled to issue a news release regarding its third quarter 2009 earnings on Tuesday, November 3, 2009, at 7:30 a.m. CST. 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."

To read the entire report visit: http://www.investorsoup.com/lp/BLC

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