Meredith Bullish On Buying Stations

CEO Stephen Lacy tells analysts that it intends to “continue to grow its television footprint” and would not be put off by a negative Supreme Court decision in the Aereo case.

Meredith CEO On The Hunt For More Stations

Media company Meredith Corp. plans to aggressively grow its local TV station group through acquisitions that could eventually lead to a spin-off, the company’s CEO Stephen Lacy says: “We are putting together a hit-list of [TV] properties and working with owners.”


Meredith Prepared To Buy More Stations

Meredith CEO Stephen Lacy: “It’s a frothy [M&A] market,” Lacy said during this morning’s conference call with investors. “We would like to add to stations but we want to make sure it adds to shareholder value.”