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) will announce its fiscal 2020 fourth quarter and full year results on August 13, 2020. A conference call will follow at 8:30 AM EDT, with an earnings release and discussion materials made available in advance. Meredith serves over 190 million consumers, focusing on entertainment, food, lifestyle, and more through various platforms. The company operates 17 television stations and produces 745 hours of local content weekly, reaching a significant audience across major U.S. markets.
Meredith Corporation's (NYSE: MDP) REAL SIMPLE magazine announced the winners of the second annual Smart Money Awards on August 6, 2020, recognizing the top 23 apps, products, and services enhancing financial management. This year’s awards were based on evaluations from expert judges and REAL SIMPLE editors, considering innovativeness and relevance to readers. The winners span categories including budgeting, banking, investing, and insurance, among others. The complete list will appear in the September 2020 issue, available on newsstands starting August 21.
Meredith Corporation (MDP) has partnered with Kroger's media advertising business, Kroger Precision Marketing, to launch a new integrated media service aimed at enhancing shoppability for CPG brands. This collaboration allows advertisers to utilize Kroger's first-party purchase data to enhance campaign targeting across Meredith's extensive portfolio of over 40 food and lifestyle brands. The new service aims to capture consumer insights during a time when shopping behaviors have shifted, enabling brands to connect more effectively with relevant audiences.
Meredith Corporation (NYSE: MDP) announced the launch of home delivery for its magazine, Traditional Home, starting with the Fall/Winter 2020 issue. The quarterly magazine will remain available on newsstands at a cover price of $12.99. An annual subscription costs $20 for four issues. Doug Olson, President of Meredith Magazines, noted the positive consumer response as a driving factor for this initiative. The Meredith Premium Publishing unit aims to produce high-quality publications and boasts a significant market presence, including 42% share in the premium bookazine category.
Meredith Corporation (NYSE: MDP) announced that its PEOPLE EN ESPAÑOL brand will transition to virtual events for the remainder of 2020 due to the COVID-19 pandemic. With an audience of nearly 17 million, this pivot allows the brand to continue engaging and supporting the Hispanic community by providing essential content and experiences. Upcoming events include the Inspírate Weekend Summit on July 23-24, the 2020 Virtual Poderosas Conference in September, and the Virtual Festival PEOPLE EN ESPAÑOL in October, all aimed at empowering and uplifting the community during these challenging times.
Meredith Corporation (NYSE: MDP) announces the August issue of PARENTS magazine featuring its inaugural list of 100 Books to Inspire Your Kids. This collection, contributed by renowned authors, aims to foster literacy among children. Additionally, a new Raising the Future Book Club is set to launch on August 7, starting with Antiracist Baby by Ibram X. Kendi, accompanied by a discussion on PARENTS' Instagram. The issue also provides insights on cultivating a love for reading in children and emphasizes diverse voices in literature.
Meredith Corporation's Travel + Leisure has unveiled the results of the 25th annual World's Best Awards 2020, showcasing top destinations and companies based on reader surveys. Highlights include Oaxaca, Mexico named World's Best City and Capella Ubud, Bali, Indonesia as the World's Best Hotel. The awards comprise over 100 lists, featuring categories from hotels to airlines. The complete results are accessible on TravelandLeisure.com. The survey reflects reader experiences before the COVID-19 pandemic but aims to inspire future travel plans.
On June 29, 2020, Meredith Corporation announced the inaugural FOOD & WINE Classic at Home, a virtual event set for July 23 at 4 p.m. EDT. Hosted by FOOD & WINE Culinary Director at Large Justin Chapple, the two-hour interactive experience features renowned chefs and aims to support the struggling restaurant industry through fundraising for five charities. Participants can purchase wines for real-time tastings. The event showcases FOOD & WINE's commitment to culinary excellence and social responsibility amidst industry challenges.
Meredith Corporation (NYSE: MDP) has priced an offering of $300 million in 6.500% senior secured notes due 2025 at par. Additionally, it has allocated $410 million in incremental term loans at LIBOR + 4.25%. The proceeds will be used to fully redeem the outstanding Series A Preferred Stock and cover related fees and expenses. The financing transactions are expected to close around June 29, 2020. The notes will be offered only to qualified institutional buyers and will not be registered under the Securities Act, meaning they will be subject to certain sales restrictions.
Meredith Corporation (NYSE: MDP) announced plans to offer $300 million in senior secured notes due 2025. The offering is part of a larger $710 million debt financing initiative aimed at redeeming its Series A Preferred Stock and covering associated expenses. The notes will be offered to qualified institutional buyers in the U.S. under Rule 144A and to international buyers under Regulation S. Meredith cautions investors about potential risks, including market conditions and impacts from the COVID-19 pandemic.
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