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 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(h) of the Investment Company Act of 1940

OMB APPROVAL OMB Number: 3235-0287 Expires: January 31, 2005 Estimated average burden hours per response... 0.5

(Print or Type Responses)

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., 400 S. RECORD STREET 3. Date of Earliest Transaction (Month/Day/Year) 11/29/2012 (Street) DALLAS, TX 75202 4. If Amendment, Date Original Filed(Month/Day/Year) 6. Individual or Joint/Group Filing(Check Applicable Line) _X_ Form filed by One Reporting Person ___ Form filed by More than One Reporting Person (City) (State) (Zip) Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned

1.Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction 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 11/30/2012   S   1,200 D $ 7.26 (1) 229,825 I By GRAT (8) Series A Common Stock 11/30/2012   S   500 D $ 7.26 (4) 156,023 I By Spouse (2) Series A Common Stock 11/29/2012   S   22,944 D $ 7.25 (6) 177,056 I By Family LP I (5) Series A Common Stock 11/30/2012   S   26,042 D $ 7.28 (7) 151,014 I By Family LP I (5) Series A Common Stock 11/30/2012   S   500 D $ 7.27 (9) 199,500 I By Family LP II (5) Series A Common Stock               5,468 I By 401K Account (3) Series A Common Stock               101,745 D

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
	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.		SEC 1474 (9-02)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)

1. Title of Derivative Security (Instr. 3)

2. Conversion or Exercise Price of Derivative Security

3. Transaction Date (Month/Day/Year)

3A. Deemed Execution Date, if any (Month/Day/Year)

4. Transaction 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 (Month/Day/Year)

7. Title and Amount of Underlying Securities (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

Reporting Owners

Reporting Owner Name / Address	Relationships
	Director	10% Owner	Officer	Other
DECHERD ROBERT W BELO CORP. 400 S. RECORD STREET DALLAS, TX 75202	X

Signatures

Christine Larkin, Attorney-In-Fact		12/03/2012
**Signature of Reporting Person		Date

Explanation of Responses:

*	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).
(1)	Represents the average sale price per share. Shares sold in open market as follows: 400 shares @ $7.25 per share; 200 shares @ $7.26 per share; and 600 shares @ $7.27 per share.
(2)	The reporting person disclaims beneficial ownership of these securities.
(3)	Held by the A. H. Belo Corporation Savings Plan as of the date of this report.
(4)	Represents the average sale price per share. Shares sold in open market as follows: 100 shares @ $7.25 per share; 100 shares @ $7.26 per share; and 300 shares @ $7.27 per share.
(5)	The reporting person is the managing general partner of the family partnership that owns the reported securities. The reporting person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.
(6)	All shares were sold in the open market at $7.25 per share.
(7)	Represents the average sale price per share. Shares sold in open market as follows: 742 shares @ $7.25 per share; 100 shares @ $7.27 per share; 5,000 shares @ $7.275 per share; 5,900 shares @ $7.28 per share; 6,200 shares @ $7.285; and 8,100 shares @ $7.29 per share.
(8)	The reporting person is the settlor and trustee of grantor retained annuity trusts ("GRATs") and receives annual annuity payments therefrom. The reporting person's children are the remaindermen. The reporting person disclaims beneficial ownership of the reported securities, except to the extent of his pecuniary interest therein. These Series A shares are held in several GRATs in the following amounts: 75,102 shares in the Decherd 2010 GRAT; and 154,723 shares in the Decherd 2012 GRAT.
(9)	Represents the average sale price per share. Shares sold in open market as follows: 100 shares @ $7.2501 per share; and 400 shares @ $7.27 per share.

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.

Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number.