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Broadcasting
 
Meredith owns and operates 13 television stations with a total reach of over nine percent of U.S. households. Seven of our stations are in the top 35 markets, and many of our stations are located in high-growth areas such as tourist destinations and state capitals. The Broadcasting Group currently includes six CBS affiliates, four FOX affiliates, one NBC affiliate, one WB affiliate and one UPN affiliate.

Fiscal 2004 Highlights
For the fiscal year, operating profit increased 20 percent to $71 million from $59 million in fiscal 2003. EBITDA (earnings before interest, taxes, depreciation and amortization) rose 16 percent to $93.4 million. EBITDA margin improved to 32 percent from 30 percent. The group replaced $20.9 million of net political advertising revenues in fiscal 2003 and yet grew total revenues 6 percent to $288.6 million in fiscal 2004.

updated 9/2004

Dot Broadcasting Group at a Glance

 

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