Friday, September 20, 2013

Meredith CEO: Print Remains the Core of Business

http://ipdahome.org/newsstand/?cat=296
Speaking at the CDS Global Summit, Meredith Corp. CEO Stephen Lacy said: “We have increased measured adult readership over 12 years, from 2001 to 2013, from 68 million to 115 million. Equally important, we have grown a digital business in addition to print, not replacing print. Our mantra is that everything we do in a new platform is in addition to keeping a strong and vibrant print business, on which, as most of you know, we make all of our profit today.” Lacy also discussed the changing media landscape and how new brands emerge and sometimes out-compete established print brands.