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Meredith Stock Price, News & Analysis

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Welcome to our dedicated page for Meredith news (Ticker: MDP), a resource for investors and traders seeking the latest updates and insights on Meredith stock.

The MDP news page on Stock Titan aggregates recent announcements connected to Meredith Corporation’s media and marketing ecosystem, including brands identified as part of the Dotdash Meredith publishing family. These releases highlight editorial franchises, awards programs, and special projects across categories such as travel, food and drink, wellness, home, weddings, and regional lifestyle.

Readers can expect coverage of Travel + Leisure initiatives like the World's Best Awards, Destination of the Year selections, and events such as the World's Best Summit, which bring together travel and hospitality figures to discuss trends in global travel. News from Food & Wine includes features such as the Game Changers list and the Best New Chefs program, focusing on people, companies, and chefs shaping culinary culture.

Updates from SHAPE showcase programs like the SHAPE Skin Awards, which recognize skincare products, devices, and treatments evaluated by editors and expert panels. REAL SIMPLE news includes projects such as the REAL SIMPLE Home and Smart Money Awards, reflecting home design concepts and financial tools that align with its mission of simplifying daily life. Southern Living announcements cover the annual Idea House, emphasizing Southern architecture, design, and hospitality. BRIDES news features concepts such as the Wedding Color of the Year, highlighting wedding style and planning trends.

For investors and readers following MDP-related activity, this news feed offers a view into how these brands engage audiences, collaborate with sponsors, and develop recurring editorial franchises. Checking this page regularly can help track new awards, events, and editorial initiatives associated with Meredith’s media and marketing network as reflected in the available releases.

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Meredith Corporation (NYSE: MDP) partners with Salamander Hotels & Resorts to launch The Family Reunion, a culinary event set for August 19-22, 2021, in Middleburg, Virginia. Co-hosted by chef Kwame Onwuachi, the event emphasizes diversity in hospitality through cooking demonstrations, tastings, and panels with renowned chefs. A portion of proceeds will fund mentorship programs for underrepresented groups in the industry. Tickets go on sale in April, with more details to follow. This initiative aligns with Meredith's commitment to inclusivity within the culinary sector.

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Meredith Corporation's Beautiful Kitchens & Baths magazine announces its 10th annual list of the 30 Most Innovative Products, showcasing exceptional kitchen and bath design items introduced in the past year. Featured in the Spring issue on sale February 5, 2021, standout products include Fisher & Paykel's Professional Dual-Fuel Range and Kohler's Setra Touchless Kitchen Faucet. Executive Editor Samantha Hart emphasizes innovation's role in creating safer and healthier home environments. The magazine engages a vast audience across various platforms, reaching 95% of American women.

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Meredith Corporation (NYSE: MDP) reported a robust fiscal 2021 second-quarter performance, achieving record revenues of $901.5 million, an 11% increase year-over-year. Earnings from continuing operations more than doubled to $148.5 million. Digital advertising revenues from the National Media Group surged 22%, outpacing traditional magazine advertising for the first time. Additionally, cash flow from operations increased to $182.9 million. Despite challenges from the COVID-19 pandemic, Meredith's diversified portfolio and strategic initiatives contributed to net debt reduction and improved profitability.

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Meredith Corporation (NYSE: MDP) announced the inaugural REAL SIMPLE Sleep Awards, showcasing 11 top products aimed at enhancing sleep quality. The selection process involved rigorous testing and evaluation by REAL SIMPLE editors, focusing on innovation and effectiveness. Notably, 60% of women reported sleep difficulties linked to the pandemic. The Sleep Awards highlight affordable, inventive solutions, including advanced bedding and sleep tech. The winners will be featured in the February 2021 issue, which is currently on newsstands.

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Meredith Corporation (NYSE: MDP) announced the launch of a new quarterly publication, "PEOPLE Royals," debuting on March 5, 2021. Priced at $12.99 in the U.S. and $15.99 in Canada, the magazine will focus on the Royal family, featuring stories about personalities like Princess Kate and Meghan Markle. Each issue will include exclusive interviews and insightful articles, along with a chic design. The magazine aims to cater to the strong interest in Royal culture, capitalizing on PEOPLE's longstanding authority in this area.

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Meredith Corporation (NYSE: MDP) will announce its fiscal 2021 second quarter and first half results on February 4, 2021. A conference call is scheduled for 9:00 AM EST on the same day, with an earnings release and discussion materials provided beforehand. Meredith, a leading media company for almost 120 years, reaches nearly 95 percent of U.S. women and over 190 million consumers monthly through brands like PEOPLE and Better Homes & Gardens. Additionally, the company operates 17 television stations, covering 11% of U.S. households.

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Meredith Corporation (NYSE: MDP) has appointed Nichole Aksamit as the new Editor in Chief of Allrecipes magazine, effective immediately. Aksamit, previously Executive Editor, will lead the print editorial team and reports to Stephen Orr, VP/Group Editorial Director. Under her leadership, Allrecipes aims to expand its reach beyond the current 9 million readers. Since its launch, the magazine's rate base has grown from 500,000 to 1.4 million, and Allrecipes.com remains a top food media site with nearly 60 million unique visitors in December 2020.

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Meredith Corporation (NYSE: MDP) announced the appointment of Erica Jensen as Senior Vice President and Chief Communications Officer, effective January 29, 2021. Jensen succeeds Art Slusark and brings extensive experience from Principal Financial Group. She will oversee Meredith's communications strategies, crisis management, and government relations, reporting directly to Chairman and CEO Tom Harty. Jensen aims to enhance Meredith's growth amid evolving market dynamics, leveraging the company's rich history and diversified business model.

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FAQ

What is the market cap of Meredith (MDP)?

The market cap of Meredith (MDP) is approximately 2.7B.

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2.71B
39.98M
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