Television company Belo Corp., the parent company of WFAA-TV (Channel 8), has amended its bank credit facility in a move that has reduced the company’s commitment from $600 million to $550 million.
The line of credit will keep the June 2011 expiration date that existed under the television company’s previous agreement. READ THE REST
Belo also owns KHOU Channel 11 in Houston, KENS in San Antonio and KVUE Channel 24 in Austin.
Speaking of Texas-based media companies, some bad news for Clear Channel via the San Antonio Express-News. CONTACT: Leave me a Houston or Texas media news tip | COMMENT: Click to leave your thoughts on this post here
