Ownership Submission
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
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(Print or Type Responses)
1. Name and Address of Reporting Person *
McKEON JOHN C
  2. Issuer Name and Ticker or Trading Symbol
A. H. Belo CORP [AHC]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
Pres/GM of Dallas Morning News
(Last)
(First)
(Middle)
C/O THE DALLAS MORNING NEWS, INC., 508 YOUNG STREET
3. Date of Earliest Transaction (Month/Day/Year)
12/07/2010
(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 B Common Stock 12/07/2010   M   12,000 A $ 2.05 28,000 D  
Series B Common Stock 12/07/2010   M   19,089 A $ 6.6 47,089 D  
Series B Common Stock (1) 12/07/2010   C   19,089 D $ 0 (2) 28,000 D  
Series A Common Stock (1) 12/07/2010   C   19,089 A $ 0 (2) 20,013 D  
Series A Common Stock 12/07/2010   S   19,089 D $ 8.2712 (3) 924 D  

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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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
Employee Stock Option (Right to Buy) $ 6.6 12/07/2010   M     19,089   (4) 07/23/2018 Series B Common Stock 19,089 $ 0 8,181 D  
Employee Stock Option (Right to Buy) $ 2.05 12/07/2010   M     12,000   (5) 12/03/2018 Series B Common Stock 12,000 $ 0 12,000 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
McKEON JOHN C
C/O THE DALLAS MORNING NEWS, INC.
508 YOUNG STREET
DALLAS, TX 75202
      Pres/GM of Dallas Morning News  

Signatures

 Kay F. Stockler, Attorney-in-Fact   12/08/2010
**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) Series B Common Stock is converted into Series A Common Stock upon transfer to other than a "permitted Transferee" as defined in the Issuer's Certificate of Incorporation.
(2) No consideraton; converted on a share-for-share basis.
(3) Represents the average sale price per share. Shares sold in the open market as follows: 4,751 shares @ $8.25 per share; 5,000 shares @ $8.2502 per share; 125 shares @ $8.258 per share; 1,600 shares @ $8.2588 per share; 125 shares @ $8.26 per share; 250 shares @ $8.2601 per share; 2,000 shares @ $8.2677 per share; 375 shares @ $8.2701 per share; 1,738 shares @ $8.2825 per share; 125 shares @ $8.2948 per share; 125 shares @ $8.3033 per share; 125 shares @ $8.31 per share; 2,000 shares @ $8.3265 per share; 125 shares @ $8.33 per share; 125 shares @ $8.34 per share; 125 shares @ $8.41 per share; 125 shares @ $8.436 per share; 125 shares @ $8.438 per share; and, 125 shares @ $8.44 per share.
(4) The options became exercisable as to 10,908 shares on 7/23/2009 and as to 8,181 shares on 7/23/2010 and become exercisable as to the remaining shares on 7/23/2011.
(5) The options became exercisable as to 16,000 shares on 12/3/2009 and as to 12,000 shares on 12/3/2010 and become exercisable as to the remaining shares on 12/3/2011.

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