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.
Meredith Corporation (MDP) delivers trusted media content and innovative marketing solutions across digital, print, and broadcast platforms. This news hub provides investors and industry professionals with comprehensive access to official announcements and strategic developments from this leading media enterprise.
Track all material updates through curated press releases spanning financial results, content partnerships, leadership changes, and marketing innovations. Our repository ensures timely access to earnings reports, acquisition details, and operational milestones that shape Meredith's position in the media landscape.
Key coverage areas include strategic initiatives in home/lifestyle content expansion, digital platform enhancements, and data-driven advertising solutions. Users benefit from organized access to filings, executive commentary, and market-moving announcements without promotional bias.
Bookmark this page for streamlined monitoring of Meredith's evolving business strategy. Check regularly for updates on their dual focus areas: creating audience-centric media properties and delivering measurable marketing results for brand partners.
Meredith Corporation (NYSE: MDP) has appointed Alysia Borsa as President of Meredith Digital and Amanda Dameron as Chief Digital Content Officer. This restructuring comes as the company's digital advertising has seen a remarkable 15% growth in the last quarter, contributing 38% to total fiscal 2020 revenue. Borsa, effective immediately, aims to enhance digital engagement, while Dameron, starting January 4, 2021, will oversee creating compelling digital content. These changes reflect Meredith's strategic focus on strengthening its digital leadership during a pivotal time in the media landscape.
On December 3, 2020, Meredith Corporation (NYSE: MDP) announced the release of its 2021 list of the Most Innovative Children's Hospitals through PARENTS magazine. This year, 15 hospitals were recognized for their exceptional efforts, particularly during the pandemic. Innovations were assessed by experts from PARENTS' advisory board, focusing on advancements in research and medical care for children. The complete list is available online and in the January issue of PARENTS magazine.
Meredith Corporation's (NYSE: MDP) December issue of Southern Living shows a remarkable 51% increase in ad revenue compared to the previous year. The brand's audience has averaged 25.5 million across digital and print channels, marking a 2% rise year-to-date. Southern Living also set a record with nearly 19 million website visits in November, a 23% year-over-year increase. The magazine will implement enhancements, including a new design and paper stock, starting with the January/February 2021 issue. Social media engagement has surged, with a 14% growth in followers.
Meredith Corporation (NYSE: MDP) has appointed Catherine Levene as President of its National Media Group effective immediately. Levene, previously the Chief Digital Officer, will oversee all NMG operations, which reach 95% of U.S. women and 190 million American consumers monthly through brands like PEOPLE and Better Homes & Gardens. Under her leadership, digital advertising revenues grew to 38% of total NMG revenue, and sessions on NMG sites rose by 16%. Levene's strategic innovations have bolstered Meredith's digital presence and commitment to diversity and inclusion.
Meredith Corporation's Allrecipes reported a record 59.6 million visits during Thanksgiving week, marking an 18.4% increase from the previous year. Notably, Thanksgiving Day saw 14.3 million visits, up 26.7% YOY. Recipe interest surged for turkey breast (up 96% YOY), whole chickens (150% YOY), and simple recipes, reflecting a shift towards smaller gatherings. The site also recorded heightened interest in holiday baking and cocktails. Overall, Allrecipes demonstrated its vital role in guiding home cooks through an unprecedented holiday season.
Meredith Corporation (NYSE: MDP) launched its first Spanish-language Alexa Skill, Mi Afirmación del Día, in partnership with People en Español and Health. This skill complements the English version, My Daily Mindset, and marks Meredith's commitment to multicultural audiences. Notably, My Daily Mindset has experienced a 20% week-over-week user growth since its September debut, with a 4.5/5 rating. Moreover, Meredith plans to further expand its audio offerings with upcoming podcasts, Ladies First and PEOPLE Every Day.
On December 5 at 5 PM ET, Meredith Corporation's FOOD & WINE will host the second virtual FOOD & WINE Classic at Home to celebrate the holiday season, featuring cooking demos from chefs like Kwame Onwuachi and Brooke Williamson. Tickets are priced at $25 and are available until December 4. The event will include wine pairings and guest appearances to enhance the culinary experience. A portion of proceeds will support No Kid Hungry.
Meredith Corporation (NYSE:MDP) announced key leadership changes following its Annual Shareholders Meeting. Thomas H. Harty has been elected Chairman while retaining his role as President and CEO, succeeding Stephen M. Lacy, who retired after 16 years. Elizabeth E. Tallett was elected Lead Independent Director, bringing extensive experience from board roles in Anthem and Moderna. Additionally, Meredith's shareholders approved four proposals concerning executive compensation and corporate governance. This transition aims to strengthen leadership and strategic direction.
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