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Belo

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The Federal Communications Commission has approved Gannett Co.’s purchase of Dallas-based Belo Corp., including WFAA-TV (Channel 8). It’s the final regulatory clearance for the $1.5 billion deal for several TV stations across the country.

Just a week after Gannett bought Belo's TV company, Robert Decherd announced that he's retiring as CEO of A.H. Belo, owner of The Dallas Morning News. Jim Moroney will take the baton at the newspaper firm.

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Belo, the Dallas-based chain of TV stations, was sold today to Gannett in a deal worth 2.2 billion dollars. Twenty stations will change hands, including Belo’s flagship, WFAA-Channel 8. Until now, IT’S been the only locally owned major-network affiliate in North Texas. This deal does NOT include The Dallas Morning News – the newspaper is owned by a spinoff company, A.H. Belo. This deal could reshape the broadcast landscape in North Texas.

The four leading GOP candidates for U.S. Senate meet Friday at a debate broadcast live on KERA 90.1.