[AndyN] is on it. While you might start out polling them for information and presenting it yourself, that should very rapidly transition to them tracking their own KPI and reporting on it in these meetings.
In my experience the key is actively managing the meeting. While much valuable off-topic conversation / exchange of information may occur spontaneously, you need to have an agenda, share that agenda prior to the meeting.
In your agenda, establish expectations for participants to come prepared with specific information. Control the meeting to the best of your ability, remaining flexible but always coming back to the agenda.
When required, cut off discussion on side topics, declare it a topic for another meeting, and get back to the agenda.
I have been in environments where no one did this (many places) and when I first saw it done I was impressed. It's not my nature to be that assertive, but when I saw a well run meeting I read up on running productive meetings, and I have been doing it wherever possible since.
It makes a world of difference and when you take control of meetings in this manner you will gain respect from those poor devils who are compelled to attend because your meetings are shorter and more focused.
Establish milestones, list responsible parties, and set due dates. Repeat as required.