DallasNews Corporation
| Company type | Public |
|---|---|
| Industry | Media |
| Predecessor | Belo Corporation |
| Founded | 2008 |
| Headquarters | Dallas, Texas , United States |
Area served | United States |
Key people | James Moroney III (CEO) |
| Products | Newspapers (The Dallas Morning News, Al Día), media holdings (Belo + Company) |
DallasNews Corporation, previously known as A. H. Belo Corporation (), is a media holding enterprise headquartered in Dallas, Texas, that owns The Dallas Morning News and Belo + Company. The company emerged following the division of Belo Corporation’s broadcasting and publishing segments, with the broadcasting arm subsequently acquired by Gannett and now operating under Tegna. Additionally, it maintains an ownership interest in Classified Ventures. Under the leadership of CEO James Moroney III, the corporation transitioned its main offices from the Belo Building to 1954 Commerce Street in downtown Dallas by 2018.
In 2021, the firm underwent a rebranding that included changing its corporate name and stock ticker symbol, as well as shifting its stock exchange listing from the New York Stock Exchange to Nasdaq. This move aimed to dissociate from founder A. H. Belo’s Confederate military background and better reflect commitments to social justice principles. The initiative, championed by CEO Robert W. Decherd, received overwhelming shareholder approval with a 99% vote in favor.
Initially established as a wholly owned subsidiary of Belo Corporation on October 1, 2007, DallasNews Corporation became publicly traded in February 2008 through stock distribution to Belo shareholders. Although officially formed in 2008, the company’s roots date back to 1842. The Belo Corporation operated under the A. H. Belo name from 1926 until 2002 before shortening it to simply Belo.
Newspapers
- The Dallas Morning News (Dallas, Texas)
- Al Día (Spanish-language publication – Dallas, Texas)
Previously, the company published several other newspapers including the Denton Record-Chronicle, The Providence Journal, and Riverside Press-Enterprise, along with local weeklies such as Quick and The Business Press in Riverside.
Historically, News-Texan, Inc., a subsidiary of A.H. Belo, owned The Dallas Morning News along with various suburban Dallas newspapers acquired in 1963, including The Garland Daily News and The Richardson Daily News. These papers were grouped under Dallas-Fort Worth Suburban Newspapers, Inc. Belo converted these publications to afternoon delivery schedules to compete directly with the Dallas Times-Herald. Despite initial financial challenges, these suburban newspapers operated with some autonomy until the late 1980s when advertising market pressures and anti-monopoly legislation necessitated their consolidation into The Dallas Morning News.
Further reading
External links
- Comprehensive history from the Handbook of Texas online
- Companies listed on the Nasdaq
- Companies formerly listed on the New York Stock Exchange
- Mass media companies established in 2008
- American companies established in 2008
- Newspaper companies of the United States
- Companies based in Dallas
- Corporate spin-offs
- Companies of the United States by year of establishment