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.
REAL SIMPLE launched its second annual "Get. It. Done." 360-degree virtual home experience, aimed at helping consumers tackle home improvement projects. This interactive platform, available at RealSimple.com/virtualhome, offers project advice, tips, and shoppable links to products. The initiative is a collaboration with YouSee Studio and other design professionals, providing insights into various home projects like boosting curb appeal and outdoor deck tuning. The May issue of REAL SIMPLE, on sale April 21, 2023, features 25 home projects, enhancing the editorial experience. Editor in Chief Lauren Iannotti emphasizes making home tasks manageable through practical guidance.
Dotdash Meredith's Southern Living has revealed the winners of its seventh annual South's Best Awards, highlighting top Southern destinations and experiences. Featured in the April issue, on sale March 17, are the Top 50 Southern Small Towns and best Cities, Hotels, and BBQ Joints. The issue features NBC TODAY's Hoda Kotb as the first-ever celebrity on the cover, expressing her love for New Orleans. The Top Small Town is St. Augustine, FL. The awards reflect a shift in travel patterns, showcasing hidden gems valued for their charm and character.
Meredith Corporation (NYSE: MDP) announced that its $2.825 billion acquisition by Gray Television Inc. has received shareholder approval. The official vote results will be disclosed in a Form 8-K filing. Additionally, prior to the acquisition's closure, Meredith will spin off its digital, magazine, MNI, and PEOPLE TV operations into a new company, Meredith Holdings Corp., which IAC's Dotdash will acquire for $2.7 billion. Both transactions are expected to close on December 1, 2021.
Meredith Corporation (NYSE:MDP) has announced the winners of its Good Impressions program, aimed at supporting BIPOC and LGBTQIA-owned businesses. Each of the five selected businesses will receive a support package valued at approximately $100,000, including pro bono advertising and marketing consultations. This initiative, launched in February 2021, seeks to bridge the economic gap for minority-owned enterprises. The award recipients include Shea Yeleen, The Safety Pouch, Madhu Chocolate, Modi Toys, and Young King Hair Care, reflecting diverse contributions to their communities.
Meredith Corporation (NYSE: MDP) announces a free virtual event, "Deck the Halls with Southern Living", set for December 9 from the 2021 Idea House in Louisville, Kentucky. This event will feature holiday cooking, decorating tips, and entertainment ideas, hosted by Sid Evans and Ivy Odom, alongside guests like chef Lucretia Thompson. In-person tours of the decorated Idea House are available until December 19, with tickets priced at $25, benefiting local charities. Register at here.
Meredith Corporation is set to launch three 30-minute holiday video specials featuring hosting tips, recipes, and decorations from its brands: Better Homes & Gardens, Allrecipes, and REAL SIMPLE. The original programming will be available on-demand this holiday season via PeopleTV and other platforms. Last year, Meredith's lifestyle brands enjoyed over 500 million visits, a 38% increase during the holiday season. Surveys indicate a rise in holiday entertaining and decorating among consumers, aligning with Meredith's goal to enhance holiday celebrations.
Meredith Corporation (NYSE: MDP) announced that its acquisitions by Gray Television Inc. and IAC's Dotdash Media Inc. have received crucial regulatory approvals. The Federal Communications Commission approved Gray's acquisition, with a special shareholder meeting set for November 30, 2021. Additionally, the Hart-Scott-Rodino waiting period for Dotdash's acquisition of Meredith Holdings expired on November 12, 2021. Both transactions are expected to close on December 1, 2021, pending shareholder approval and other conditions.
Meredith Corporation (NYSE: MDP) announced the distribution of shares for Meredith Holdings Corporation, providing one share of common stock for each common share and one share of class B stock for each class B share held as of November 19, 2021. This distribution, set for December 1, 2021, is part of a spin-off separating its national media group from the local media group, which will become a subsidiary of Gray Television, Inc. The Gray Merger is subject to shareholder approval and regulatory clearance. An information statement with details on the distribution will be sent to shareholders.
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