Meredith’s Debt Raise, With a Capital Update

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Its Local Media Group owns 17 over-the-air TV stations including WSMV-4 in Nashville and WFSB-3 in Hartford.


But, many people may only know Meredith Corp. as the parent of such female-targeted lifestyle brands and glossy magazines as Better Homes & Gardens, PEOPLE and InStyle.

And, those National Media brands have seen their fair share of challenges, in particular through the novel coronavirus pandemic. As such, Meredith is taking steps to ensure it has a significant amount of cash on hand. It involves a debt raise.

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