Belo Pays Up (And How)
Belo Corporation, the owner of The Dallas Morning News and WFAA-Channel 8, doled out some $7.4 million to end a 12-year-old defamation lawsuit...in Kentucky. Belo bought WHAS-TV, an ABC affiliate, in 1997--three years after a roller-coaster accident at the Kentucky Kingdom amusement park spawned a series of pieces that painted the place as, well, not so much fun. After the suit worked its way through every court in the state, Belo relented and ponied up for the $3 million judgment plus interest. --Robert Wilonsky
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