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 *
WILLIAMS J MCDONALD
  2. Issuer Name and Ticker or Trading Symbol
A. H. Belo CORP [AHC]
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)
P.O. BOX 224866
3. Date of Earliest Transaction (Month/Day/Year)
02/08/2008
(Street)

DALLAS, TX 75222-4866
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 (1)               1,200 D  
Series B Common Stock (1)               1,200 D  

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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
Director Stock Option (Right to Buy) (1) (2) $ 23.4322               (3) 05/12/2009 Series B Common Stock 982   982 D  
Director Stock Option (Right to Buy) (1) (2) $ 16.5404               (3) 05/10/2010 Series B Common Stock 1,495   1,495 D  
Director Stock Option (Right to Buy) (1) (2) $ 19.1092               (3) 08/01/2010 Series B Common Stock 532   532 D  
Director Stock Option (Right to Buy) (1) (2) $ 18.0741               (3) 05/09/2011 Series B Common Stock 2,473   2,473 D  
Director Stock Option (Right to Buy) (1) (2) $ 22.7155               (3) 05/08/2012 Series B Common Stock 2,879   2,879 D  
Director Stock Option (Right to Buy) (1) (2) $ 22.7756               (3) 05/13/2013 Series B Common Stock 1,816   1,816 D  
Director Stock Option (Right to Buy) (1) (2) $ 28.7               (3) 05/11/2014 Series B Common Stock 1,224   1,224 D  
Director Stock Option (Right to Buy) (1) (2) $ 23.5675               (3) 05/10/2015 Series B Common Stock 1,544   1,544 D  
Director Stock Option (Right to Buy) (1) (2) $ 18.004               (3) 05/09/2016 Series B Common Stock 1,323   1,323 D  
Director Stock Option (Right to Buy) (1) (2) $ 20.2695               (3) 05/08/2017 Series B Common Stock 1,134   1,134 D  
Restricted Stock Units (Time-Based) (1) (2) (4)               (5)   (5) Series A Common Stock 441 (4)   441 D  
Restricted Stock Units (Time-Based) (1) (2) (4)               (6)   (6) Series A Common Stock 346 (4)   346 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
WILLIAMS J MCDONALD
P.O. BOX 224866
DALLAS, TX 75222-4866
  X      

Signatures

 Kay F. Stockler, Attorney-In-Fact   05/30/2008
**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) VOLUNTARY REPORT TO DISCLOSE SECURITIES ISSUED IN CONNECTION WITH THE SPIN-OFF OF THE ISSUER BY BELO CORP.
(2) Reflects derivative securities (exercisable for or settled in the Issuer's common stock) held as a result of the spin-off of the Issuer from Belo Corp. pursuant to the anti-dilution adjustment provisions of previously outstanding awards.
(3) All options are currently exercisable.
(4) Each restricted stock unit represents a contingent right to receive the value of one share of A. H. Belo Corporation Series A Common Stock. RSUs are payable in the form of 60% in shares of A. H. Belo Corporation Series A Common Stock and 40% in cash, valued as of the date of settlement.
(5) These time-based restricted stock units are fully vested and are settled within 10 business days following the 2009 annual meeting of A. H. Belo Corporation shareholders.
(6) These time-based restricted stock units are fully vested and are settled within 10 business days following the 2010 annual meeting of A. H. Belo Corporation shareholders.

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