Belo Corp. reports that spot ads are up
In the wake of recessionary conditions, television company Belo Corp. is reporting a promising trend on the advertising side of the business.
Dallas-based Belo (NYSE: BLC) presented at the Barclays Capital High Yield Bond and Syndicated Loan Conference on Thursday.
During the presentation, Belo President and Chief Executive Officer Dunia Shive said first-quarter spot advertising revenue is better than expected and is “pacing up in the mid-teens no fax cash loans.”