FORM 4
[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public
Utility Holding Company Act of 1935 or Section 30(f) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

DECHERD ROBERT W
2. Issuer Name and Ticker or Trading Symbol

BELO CORP [ BLC ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

__ X __ Director                      _____ 10% Owner
_____ Officer (give title below)      _____ Other (specify below)
(Last)          (First)          (Middle)

BELO CORP., P.O. BOX 655237
3. Date of Earliest Transaction (MM/DD/YYYY)

3/19/2010
(Street)

DALLAS, TX 75265-5237
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_ X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Series A Common Stock   3/19/2010     S (1)    120000   D $6.6026   (2) (3) 532091   D    
Series A Common Stock                  5468   I   By 401(k) Plan   (4)
Series A Common Stock                  1200   I   By Spouse   (5)

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date 7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares

Explanation of Responses:
( 1)  The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on August 13, 2009.
( 2)  Represents the average sale price per share. Shares sold in open market as follows: 7,992 shares @ $6.50 per share; 6,200 shares @ $6.51 per share; 1,500 shares @ $6.515 per share; 1,400 shares @ $6.52 per share; 4,700 shares @ $6.53 per share; 300 shares @ $6.535 per share; 2,965 shares @ $6.54 per share; 135 shares @ $6.545 per share; 22,611 shares @ $6.55 per share; 3,500 shares @ $6.56 per share; 1,420 shares @ $6.57 per share; 4,180 shares @ $6.58 per share; 4,700 shares @ $6.59 per share; 7,900 shares @ $6.60 per share; 3,600 shares @ $6.61 per share; 1,700 shares @ $6.62 per share; 7,900 shares @ $6.63 per share; 400 shares @ $6.635 per share; (continued)
( 3)  Continuation of footnote 2: 5,597 shares @ $6.64 per share; 5,500 shares @ $6.65 per share; 2,600 shares @ $6.66 per share; 4,400 shares @ $6.67 per share; 200 shares @ $6.675 per share; 700 shares @ $6.68 per share; 3,769 shares @ $6.69 per share; 2,000 shares @ $6.70 per share; 2,882 shares @ $6.71 per share; 649 shares @ $6.72 per share; 300 shares @ $6.73 per share; 300 shares @ $6.74 per share; 600 shares @ $6.75 per share; 300 shares @ $6.76 per share; 1,300 shares @ $6.77 per share; 1,600 shares @ $6.78 per share; 900 shares @ $6.79 per share; 600 shares @ $6.80 per share; 1,400 shares @ $6.81 per share; 1,100 shares @ $6.82 per share; and, 200 shares @ $6.83 per share.
( 4)  Held by the A. H. Belo Savings Plan as of March 19, 2010.
( 5)  The reporting person disclaims beneficial ownership of these securities.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
DECHERD ROBERT W
BELO CORP.
P.O. BOX 655237
DALLAS, TX 75265-5237
X



Signatures
Kay F. Stockler, Attorney-in-Fact 3/22/2010
** Signature of Reporting Person Date


Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.
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