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.
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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Meredith Corporation (NYSE: MDP) has published the 12th annual list of Best Children's Books, highlighting 30 top new reads for 2020. This selection involved nominations from editors, librarians, and teachers, totaling over 250 titles, with nearly 100 children helping to choose the winners. The list, aimed at fostering a love for reading among children, is accessible on PARENTS.com and is also featured in the December issue of PARENTS magazine.
Meredith Corporation (MDP) has partnered with Health Media Network (HMN) to form the Meredith Health Media Network Alliance, enhancing advertising opportunities in healthcare settings. This strategic alliance aims to deliver engaging lifestyle content from Meredith's brands to patients in doctors' waiting rooms, improving their experience. Advertisers can reach targeted audiences interested in wellness through HMN's video networks. The collaboration is set to expand both companies’ footprint in point-of-care marketing, promising a unique advertising approach.
Meredith Corporation's Allrecipes partners with St. Jude Children's Research Hospital for its 2020 Thanks and Giving campaign. This initiative aims to raise funds for childhood cancer research and support families in need. Allrecipes will promote the cause through various channels, including its print and digital platforms, featuring stories of young cancer survivors in its upcoming issue. The campaign highlights the positive impact of cooking on healing. St. Jude has significantly improved childhood cancer survival rates, and Allrecipes seeks to engage its community of over 60 million cooks to support this mission.
Meredith Corporation (NYSE: MDP) reported fiscal 2021 first-quarter results with total revenues of $693.5 million, a 4% decrease year-over-year, primarily impacted by COVID-19. However, earnings from continuing operations surged to $42.3 million, up from $12 million last year, while adjusted EBITDA grew 17% to $143.2 million. The first quarter also noted free cash flow of $69.6 million. Notably, digital advertising experienced a 15% increase, contributing to growth despite overall revenue declines. Meredith aims to enhance financial flexibility and focus on deleveraging amidst improving macroeconomic conditions.
Meredith Corporation (NYSE:MDP) has promoted Ken Frierson to Vice President and General Manager of WNEM-TV 5 in Saginaw, Michigan. Frierson, who has over 25 years in the local television industry, previously served as General Sales Manager at the station. He has contributed to consistent revenue growth for WNEM. Patrick McCreery, President of Meredith Local Media Group, expressed confidence in Frierson's ability to further enhance the station's market share. Meredith operates 17 television stations, producing approximately 700 hours of content weekly.
Meredith Corporation (NYSE: MDP) announced the release of the PARENTS magazine's 'Best Toys of 2020' list, featuring 45 top toys chosen after extensive testing by 60 families. The list includes options for children of all ages and emphasizes screen-free playthings under $100. This initiative aims to support families during the winter months, particularly amid social distancing. The full list is available on Parents.com and will appear in the December issue of PARENTS magazine, on stands November 6.
Meredith Corporation (NYSE: MDP) has appointed Evolution USA as the exclusive licensing and brand management agency for the LIFE brand and The LIFE Picture Collection in North America, Australia, and New Zealand. This partnership aims to enhance monetization of the LIFE brand through diverse consumer product opportunities, including apparel, home furnishings, and collectibles. Executives from both companies expressed excitement over the potential to expand brand reach and effectively manage licensing opportunities, leveraging the rich history and imagery of the LIFE Collection.
Meredith Corporation (MDP) announced that its brands PEOPLE, Allrecipes, and InStyle have won Adweek's 2020 Hot List awards, recognizing their excellence in media. PEOPLE was noted for its adaptability during the pandemic, achieving 102 million unique views. Allrecipes saw unique visitors surge by 54% year-over-year, while InStyle maintained its aesthetic with socially distant photo shoots. These achievements reflect Meredith's commitment to trusted journalism and its significant reach among consumers, especially women.