Meredith could split broadcast and publishing divisions
Meredith Corp. is considering splitting its broadcasting and publishing units, according to CEO Stephen Lacy, who shared the news in an interview with Bloomberg Television this week, PublishersDaily reported. Lacy said Meredith could proceed with a split in partnership with another media company, rolling up its broadcast TV properties or magazine division with another company while the remainder becomes an independent company, according to PublshersDaily.
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