Media deal could lead to more jobs in Iowa - KWWL - Eastern Iowa Breaking News, Weather, Closings

Media deal could lead to more jobs in Iowa

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DES MOINES, Iowa (AP) -- A spokesman for Meredith Corp. says the acquisition of Meredith by Virginia-based Media General will eventually result in more jobs in Des Moines.

Meredith Spokesman Art Slusark says the $2.4 billion deal will make the newly named Meredith Media General a stronger company.

He says Meredith will maintain its Des Moines presence and most of the nearly 1,000 employees create content for the company's magazines, television programs and websites and are needed.

He says no definitive answer on staffing can be provided this early but the merger "will result in higher employment levels in Des Moines over time."

Meredith CEO Steve Lacy will be the CEO of the new company and remain in Des Moines. Slusark says he's been a long-time champion of Des Moines and that will not change.

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