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Posts Tagged ‘Meredith’

Doreen Wade Named VP-GM of WSMV

Doreen Wade has been named vice president and general manager of Nashville’s WSMV. Meredith, which owns the NBC-affiliate, announced today that Wade would succeed longtime station boss Elden Hale, who’s retiring this month.

“Doreen possesses extensive local experience and a successful track record in broadcasting management. She is a loyal and committed leader, and I have no doubt that she will mesh well with our dedicated employees at WSMV,” said Paul Karpowicz, president of Meredith’s Local Media Group, in announcing the move.

Most recently Wade served as president of Freedom Broadcasting, which owns eight stations across the country including West Palm Beach’s WPEC, where she previously worked as vice president and GM.

“WSMV-TV has a long history of strong ratings and service to the people of Mid-Tennessee,” said Wade. “I look forward to continuing this legacy.”

Meredith Local Media Revenue Up 30%

Meredith Corp., which owns 12 local stations across the country, announced today that revenue for its Local Media Group is up nearly 30% from a year ago.

Meredith reported results for its second quarter and the numbers show that local TV stations continue to provide steady gains for broadcasting companies.

Meredith’s Local Media Group brought in $97 million during the quarter, with an operating profit of $39 million.

Meredith chairman and CEO Stephen M. Lacy said that the company is “extremely pleased” with the results and predicts “continued long-term growth.”

Much of the success can be attributed to a spike in political advertising.  Meredith owns stations in areas that were key battlegrounds during the 2010 election season, including KVVU in Las Vegas and WFSB in Hartford.  Non-political advertising, however, was up 3% from last year.

Meredith Strikes Deal to Manage Day-to-Day Operations of Atlanta’s WPCH

Meredith Corp. announced today that it has entered into an agreement to manage the day-to-day operations of Atlanta’s WPCH, known popularly as Peachtree TV.

Meredith, which owns Atlanta CBS-affiliate WGCL, will begin managing the Turner Broadcasting-owned independent station by the end of 2011′s first quarter. The plan is for WGCL to oversee WPCH’s operations, including advertising sales and marketing.

“This strategic partnership provides our advertisers new and innovative ways to reach their target audiences and will generate additional local advertising revenues for both stations,” said Paul Karpowicz, president of the Meredith Local Media Group.

Peachtree TV launched in 2007 and is probably best known to local viewers for its sports coverage, including Atlanta Braves baseball games.

Peachtree employees will be given the opportunity to interview for positions with Meredith. Read more

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