Meredith Corp. reported fiscal 2011 third-quarter earnings of 67 cents per share on revenues of $341 million, a decrease from earnings per share of 73 cents on revenues of $353 million a year earlier. “The Local Media Group, Meredith Integrated Marketing and Brand Licensing all posted solid growth in the third quarter,” Meredith Chairman and CEO Steve Lacy said. “As previously communicated, National Media Group advertising revenues were lower. We believe this was primarily due to belt-tightening by certain advertising clients facing sharply higher commodity prices.  However, net revenues per advertising page increased for the third consecutive quarter.” For the first nine months of fiscal 2011, earnings per share were $2.12, up 37 percent from the year-ago period.