This article is about the publishing company that has existed since 2008. For the earlier history of A. H. Belo Corporation, see Belo Corporation.
DallasNews Corporation, formerly A. H. Belo Corporation (/ˈbiːloʊ/), is a Dallas, Texas-based media holding company of The Dallas Morning News and Belo + Company. The current corporation was formed when Belo Corporation separated its broadcasting and publishing operations into two corporations (with the broadcasting division going to the "old" Belo; it was later purchased by Gannett, and its former assets are part of what is now Tegna). A. H. Belo also owns a part interest in Classified Ventures. The CEO of the company is James Moroney III and the company had its headquarters in the Belo Building in Downtown Dallas.[2] In 2016, the company announced that it is planning to leave the Belo Building for The Statler Library, also located downtown.[3] As of 2018, the company website lists 1954 Commerce Street in Dallas as their headquarters address.[4]
DallasNews Corporation
The Belo Building (now called 400 Record) in Dallas, the previous headquarters of A. H. Belo Corporation
The company changed its name and ticker symbol and moved from the New York Stock Exchange to the Nasdaq on June 29, 2021, after acknowledging the history tied to their founder, A. H. Belo, a colonel in the Confederate military during the American Civil War, especially given that the company has its origins as early as 1842. The change was proposed in 2021 by CEO Robert W. Decherd to embrace "the social justice movement underway in America." The name change was approved by company shareholders the same year, with 99% of votes cast.[5]
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. The split was structured so that Belo Corporation was the legal successor of the original company. 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.
For decades, News-Texan, Inc., an A.H. Belo subsidiary, was the owner of The Dallas Morning News as well as other newspapers in the suburban Dallas area. Belo acquired seven newspapers in 1963, which included The Garland Daily News, The Grand Prairie Daily News, and The Richardson Daily News. The newspaper group would become Dallas-Fort Worth Suburban Newspapers, Inc.[6] Belo executives specifically shifted the newspapers to afternoon delivery to compete with The Dallas Times-Herald, the rival of the chain's flagship The Dallas Morning News, according to Judith Garrett Segura, author of Belo: From Newspapers to New Media. She claims the newspapers were not profitable for roughly two years.[6] These newspapers would operate and be published relatively independently until the late 1980s. Under increased advertising pressures and laws prohibiting media monopolies in urban markets, the newspapers were ultimately absorbed into The Dallas Morning News.
Referencesedit
^"A.H. Belo Corporation Form 10K". United States Securities and Exchange Commission. March 11, 2021. Retrieved March 11, 2021.
^"Contact Us February 6, 2010, at the Wayback Machine." A. H. Belo. Retrieved on November 21, 2009.
^"The Dallas Morning News plans move after 67 years - Talking New MediaTalking New Media | The digital publishing website". www.talkingnewmedia.com. Retrieved November 1, 2017.
^" About A. H. Belo | Contact Us February 6, 2010, at the Wayback Machine", A. H. Belo Corporation. Retrieved 2018-10-07.
^Halkias, Maria (13 May 2021). "Dallas Morning News parent company's name change gains shareholder approval". The Dallas Morning News. ISSN 1553-846X. LCCN sn83045278. OCLC 1151529364. from the original on 10 February 2022. Retrieved 11 February 2022. Shareholders of the parent company of The Dallas Morning News on Thursday voted to change the corporate name from A. H. Belo Corp. to DallasNews Corp. The change was proposed earlier this year by Robert W. Decherd, the company's chairman, president and CEO, to embrace "the social justice movement underway in America." Company founder A. H. Belo was a colonel in the Confederate Army before buying the newspaper that traces its roots to 1842.
^ ab"History of A.H. Belo Corporation – FundingUniverse". www.fundinguniverse.com.
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This article is about the publishing company that has existed since 2008 For the earlier history of A H Belo Corporation see Belo Corporation This article needs additional citations for verification Please help improve this article by adding citations to reliable sources Unsourced material may be challenged and removed Find sources DallasNews Corporation news newspapers books scholar JSTOR March 2008 Learn how and when to remove this template message DallasNews Corporation formerly A H Belo Corporation ˈ b iː l oʊ is a Dallas Texas based media holding company of The Dallas Morning News and Belo Company The current corporation was formed when Belo Corporation separated its broadcasting and publishing operations into two corporations with the broadcasting division going to the old Belo it was later purchased by Gannett and its former assets are part of what is now Tegna A H Belo also owns a part interest in Classified Ventures The CEO of the company is James Moroney III and the company had its headquarters in the Belo Building in Downtown Dallas 2 In 2016 the company announced that it is planning to leave the Belo Building for The Statler Library also located downtown 3 As of 2018 the company website lists 1954 Commerce Street in Dallas as their headquarters address 4 DallasNews CorporationThe Belo Building now called 400 Record in Dallas the previous headquarters of A H Belo CorporationFormerlyA H Belo CorporationCompany typePublicTraded asNasdaq DALN Series A Russell Microcap Index componentIndustryNewspapersPredecessorBelo CorporationFounded2008 16 years ago 2008 spun off from Belo HeadquartersDallas Texas United StatesKey peopleRobert W Decherd chairman president and CEO ProductsList of newspapersRevenueUS 154 219 million 2020 Operating incomeUS 15 573 million 2020 Net incomeUS 6 872 million 2020 Total assetsUS 123 215 million 2020 Total equityUS 46 408 million 2020 Number of employees743 2020 Websitedallasnewscorporation wbr comFootnotes references 1 The company changed its name and ticker symbol and moved from the New York Stock Exchange to the Nasdaq on June 29 2021 after acknowledging the history tied to their founder A H Belo a colonel in the Confederate military during the American Civil War especially given that the company has its origins as early as 1842 The change was proposed in 2021 by CEO Robert W Decherd to embrace the social justice movement underway in America The name change was approved by company shareholders the same year with 99 of votes cast 5 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 The split was structured so that Belo Corporation was the legal successor of the original company 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 Contents 1 Newspapers 2 References 3 Further reading 4 External linksNewspapers editThe Dallas Morning News Dallas Texas Al Dia Spanish language Dallas Texas The company also formerly published the Denton Record Chronicle The Providence Journal the Riverside Press Enterprise Quick a free weekly in Dallas and The Business Press a weekly business publication in Riverside For decades News Texan Inc an A H Belo subsidiary was the owner of The Dallas Morning News as well as other newspapers in the suburban Dallas area Belo acquired seven newspapers in 1963 which included The Garland Daily News The Grand Prairie Daily News and The Richardson Daily News The newspaper group would become Dallas Fort Worth Suburban Newspapers Inc 6 Belo executives specifically shifted the newspapers to afternoon delivery to compete with The Dallas Times Herald the rival of the chain s flagship The Dallas Morning News according to Judith Garrett Segura author of Belo From Newspapers to New Media She claims the newspapers were not profitable for roughly two years 6 These newspapers would operate and be published relatively independently until the late 1980s Under increased advertising pressures and laws prohibiting media monopolies in urban markets the newspapers were ultimately absorbed into The Dallas Morning News References edit A H Belo Corporation Form 10K United States Securities and Exchange Commission March 11 2021 Retrieved March 11 2021 Contact Us Archived February 6 2010 at the Wayback Machine A H Belo Retrieved on November 21 2009 The Dallas Morning News plans move after 67 years Talking New MediaTalking New Media The digital publishing website www talkingnewmedia com Retrieved November 1 2017 About A H Belo Contact Us Archived February 6 2010 at the Wayback Machine A H Belo Corporation Retrieved 2018 10 07 Halkias Maria 13 May 2021 Dallas Morning News parent company s name change gains shareholder approval The Dallas Morning News ISSN 1553 846X LCCN sn83045278 OCLC 1151529364 Archived from the original on 10 February 2022 Retrieved 11 February 2022 Shareholders of the parent company of The Dallas Morning News on Thursday voted to change the corporate name from A H Belo Corp to DallasNews Corp The change was proposed earlier this year by Robert W Decherd the company s chairman president and CEO to embrace the social justice movement underway in America Company founder A H Belo was a colonel in the Confederate Army before buying the newspaper that traces its roots to 1842 a b History of A H Belo Corporation FundingUniverse www fundinguniverse com Further reading editSegura Judith Garrett 1 September 2008 Belo From Newspapers to New Media Austin Texas University of Texas Press ISBN 978 0292718456 LCCN 2008005504 OCLC 748896674 OL 16504516M External links editOfficial website Business data for DallasNews Corporation BloombergGoogleReutersSEC filingsYahoo Detailed history in the Handbook of Texas online Portals nbsp Companies nbsp Journalism Retrieved from https en wikipedia org w index php title DallasNews Corporation amp oldid 1218565398, wikipedia, wiki, book, books, library,
