Exhibit 12

BELO CORP.
Computation of Ratio of Earnings to Fixed Charges
(Dollars in thousands)

	Year Ended December 31,
	1999			2000			2001			2002			2003
Earnings:
Earnings before income taxes and the cumulative effect of accounting changes	$	276,453		$	266,834		$	21,763		$	213,454		$	209,460
Add: Total fixed charges		115,696			138,017			116,157			108,451			98,117
Less: Interest capitalized		2,552			2,398			489			573			500
Adjusted earnings	$	389,597		$	402,453		$	137,431		$	321,332		$	307,077
Fixed Charges:
Interest	$	113,147		$	135,151		$	113,145		$	105,359		$	94,110
Portion of rental expense representative of the interest factor (1)		2,549			2,866			3,012			3,092			4,007
Total fixed charges	$	115,696		$	138,017		$	116,157		$	108,451		$	98,117
Ratio of Earnings to Fixed Charges		3.37	x		2.92	x		1.18	x		2.96	x		3.13	x

(1) For purposes of calculating fixed charges, an interest factor of one third was applied to total rent expense for the period indicated.