Type | Public |
---|---|
Traded as | NYSE: AHC |
Industry | Newspapers |
Founded | 2008 (spun off from Belo) |
Headquarters | Dallas, Texas, U.S. |
Key people | Robert W. Decherd (Chairman, President and CEO) |
Products | List of newspapers |
Revenue | US$ 487.3 million (2010)[1] |
Operating income | US$ -138.1 million (2010)[1] |
Net income | US$ -124.2 million (2010)[1] |
Total assets | US$ 420.0 million (2010)[1] |
Total equity | US$ 199.9 million (2010)[1] |
Employees | 2,200 (2010)[1] |
Website | AHBelo.com |
A. H. Belo Corporation (NYSE: AHC; /ˈbiloʊ/) is a Dallas-based media company that owns four daily newspapers and five smaller newspapers. The current corporation was formed when Belo Corporation separated its broadcasting and publishing operations into two corporations. A. H. Belo also owns a part interest in Classified Ventures. Its CEO is Robert Decherd who had headed Belo before the spin off. The company has its headquarters in the Belo Building in Downtown Dallas.[2]
The company was organized as a fully owned subsidiary of Belo Corporation on October 1, 2007, then taken public by issuing the new stock to Belo shareholders and starting trade on February 8, 2008. While technically this corporate entity was formed in 2008, the organization traces its roots and history back to 1842. The Belo Corporation used the A. H. Belo name from 1926 to 2002 when it was shortened to simply Belo. With the split the old name, which honors Alfred Horatio Belo, founder of the Dallas Morning News, was revived.
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