Media in Des Moines, Iowa

Shareholder Alert: Robbins Arroyo LLP Announces Another Complaint Filed Against Meredith Corporation (MDP)

Retrieved on: 
Friday, October 4, 2019

Shareholder rights law firm Robbins Arroyo LLP announces that a purchaser of Meredith Corporation (NYSE: MDP) filed a class action complaint against the company for alleged violations of the Securities Exchange Act of 1934 between January 31, 2018 and September 5, 2019.

Key Points: 
  • Shareholder rights law firm Robbins Arroyo LLP announces that a purchaser of Meredith Corporation (NYSE: MDP) filed a class action complaint against the company for alleged violations of the Securities Exchange Act of 1934 between January 31, 2018 and September 5, 2019.
  • Meredith is a media company that distributes content through print, digital, mobile, video, and broadcast television.
  • If you suffered a loss as a result of Meredith's misconduct, click here .
  • According to the complaint, in January 2018, Meredith acquired Time Inc. for $3.2 billion, touting that the merger of the two companies "meaningfully enhance[d] [Meredith's] financial strength and flexibility."

Shareholder Alert: Robbins Arroyo LLP Announces Meredith Corporation (MDP) Sued for Misleading Shareholders

Retrieved on: 
Thursday, September 12, 2019

Shareholder rights law firm Robbins Arroyo LLP announces that a purchaser of Meredith Corporation (NYSE: MDP) filed a class action complaint against the company for alleged violations of the Securities Exchange Act of 1934 between May 10, 2018 and September 4, 2019.

Key Points: 
  • Shareholder rights law firm Robbins Arroyo LLP announces that a purchaser of Meredith Corporation (NYSE: MDP) filed a class action complaint against the company for alleged violations of the Securities Exchange Act of 1934 between May 10, 2018 and September 4, 2019.
  • Meredith is a media company that distributes content through print, digital, mobile, video, and broadcast television.
  • If you suffered a loss as a result of Meredith's misconduct, click here .
  • On this news, Meredith's stock fell $10.14, over 23%, to close at $33.68 per share, and has yet to recover.

Meredith Reaches Multi-Year Distribution Agreement With DISH Network

Retrieved on: 
Thursday, September 12, 2019

DES MOINES, Iowa, Sept. 12, 2019 /PRNewswire/ --Meredith Corporation (NYSE:MDP) and DISH Network today agreed to a new multi-year retransmission consent agreement that has returned Meredith's local television stations to DISH customers in 12 U.S. markets, including Atlanta, Phoenix, St. Louis and Nashville.

Key Points: 
  • DES MOINES, Iowa, Sept. 12, 2019 /PRNewswire/ --Meredith Corporation (NYSE:MDP) and DISH Network today agreed to a new multi-year retransmission consent agreement that has returned Meredith's local television stations to DISH customers in 12 U.S. markets, including Atlanta, Phoenix, St. Louis and Nashville.
  • "We are pleased that DISH customers are again able to watch the award-winning news and popular sports and entertainment programmingthat are a hallmark of Meredith's television group," said Patrick McCreery, Meredith Local Media Group President.
  • "We thank our viewers for their patience as we worked with DISH to reach this new agreement."
  • Today, Meredith uses multiple distribution platforms including broadcast television, print and digital to provide consumers with content they desire and to deliver the messages of its advertising partners.

INVESTOR ALERT: Law Offices of Howard G. Smith Announces the Filing of a Securities Class Action on Behalf of Meredith Corporation Investors

Retrieved on: 
Monday, September 9, 2019

Law Offices of Howard G. Smith announces that a class action lawsuit has been filed on behalf of investors who purchased Meredith Corporation (Meredith or the Company) (NYSE: MDP ) securities between May 10, 2018 and September 4, 2019, inclusive (the Class Period).

Key Points: 
  • Law Offices of Howard G. Smith announces that a class action lawsuit has been filed on behalf of investors who purchased Meredith Corporation (Meredith or the Company) (NYSE: MDP ) securities between May 10, 2018 and September 4, 2019, inclusive (the Class Period).
  • Meredith investors have until November 5, 2019 to file a lead plaintiff motion.
  • Investors suffering losses on their Meredith investments are encouraged to contact the Law Offices of Howard G. Smith to discuss their legal rights in this class action at 888-638-4847 or by email to [email protected] .
  • This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

Meredith Corporation To Report Fiscal 2019 Full Year Results September 5 And Provide Fiscal 2020 Outlook

Retrieved on: 
Wednesday, August 28, 2019

DES MOINES, Iowa, Aug. 28, 2019 /PRNewswire/ --Meredith Corporation (NYSE:MDP; www.meredith.com ) announced today it will report its fiscal 2019 fourth quarter and full year results and provide an outlook for its fiscal 2020 on Thursday, September 5, 2019.

Key Points: 
  • DES MOINES, Iowa, Aug. 28, 2019 /PRNewswire/ --Meredith Corporation (NYSE:MDP; www.meredith.com ) announced today it will report its fiscal 2019 fourth quarter and full year results and provide an outlook for its fiscal 2020 on Thursday, September 5, 2019.
  • To listen to the call live, visit Meredith's Investor Relations section at www.meredith.com prior to the start.
  • An archived version of the call will be available later that day on Meredith's website.
  • Additionally, Meredith today reiterated that it expects full-year fiscal 2019 financial results to be in line with the outlook provided in its fiscal 2019 third quarter earnings release on May 10, 2019, with the exception of earnings from continuing operations, which will be lower due primarily to non-cash trademark impairment charges.

National Media Group President Jon Werther To Leave Meredith

Retrieved on: 
Monday, June 10, 2019

DES MOINES, Iowa, June 10, 2019 /PRNewswire/ -- Meredith Corporation (NYSE:MDP; www.meredith.com ) announced today that National Media Group President Jon Werther has decided to leave Meredith, effective immediately.

Key Points: 
  • DES MOINES, Iowa, June 10, 2019 /PRNewswire/ -- Meredith Corporation (NYSE:MDP; www.meredith.com ) announced today that National Media Group President Jon Werther has decided to leave Meredith, effective immediately.
  • "We thank Jon for his numerous accomplishments in his six years of service to Meredith, and wish him well in the future," said Meredith President and Chief Executive Officer Tom Harty.
  • Harty previously served as Meredith National Media Group President from 2010 to 2016.
  • Meredith also owns MNI Targeted Media, which delivers targeted advertising solutions to more than 1,200 clients on a local, regional or national level.

Southern Living Announces 2019 Idea House To Be Located In Amelia Island, Florida

Retrieved on: 
Thursday, April 25, 2019

NEW YORK, April 25, 2019 /PRNewswire/ -- Meredith Corporation's Southern Living today announced that Amelia Island, Florida, will be the location of its 2019 Idea House.

Key Points: 
  • NEW YORK, April 25, 2019 /PRNewswire/ -- Meredith Corporation's Southern Living today announced that Amelia Island, Florida, will be the location of its 2019 Idea House.
  • "There is no Southern Living franchise more eagerly anticipated than our annual Idea House," says Sid Evans, Editor-in-Chief, Southern Living.
  • Each year Southern Living selects an Idea House location, and the brand has been building them in cities across the South for nearly 30 years.
  • Southern Living celebrates the essence of life in the South, covering the best in Southern food, homes, gardens and travel.

Meredith Corporation Promotes Kylee Krizmanic Editorial Content Director Of Midwest Living And Meredith Travel Media Group

Retrieved on: 
Friday, April 5, 2019

Krizmanic, most recently Creative Director of both Midwest Living and the Meredith Travel Marketing Content Studio, has held various senior editorial and design positions at Meredith.

Key Points: 
  • Krizmanic, most recently Creative Director of both Midwest Living and the Meredith Travel Marketing Content Studio, has held various senior editorial and design positions at Meredith.
  • In her new role, Krizmanic oversees content and editorial operations for the Midwest Living brand and content marketing campaigns for the content studio.
  • She reports to Stephen Orr, VP, Group Editorial Director of Meredith, and she succeeds Trevor Meers, who left Midwest Living earlier this month.
  • Krizmanic commented: "I'm thrilled to lead the talented team at Midwest Living and Meredith Travel Marketing.

Tom Casey Promoted to Vice President of Engineering and Technology for Meredith Local Media Group

Retrieved on: 
Tuesday, January 15, 2019

DES MOINES, Iowa, Jan. 15, 2019 /PRNewswire/ -- Meredith Corporation (NYSE: MDP; www.meredith.com ) announced today that Tom Casey has been promoted to Vice President of Engineering and Technology for the Meredith Local Media Group, effective immediately.

Key Points: 
  • DES MOINES, Iowa, Jan. 15, 2019 /PRNewswire/ -- Meredith Corporation (NYSE: MDP; www.meredith.com ) announced today that Tom Casey has been promoted to Vice President of Engineering and Technology for the Meredith Local Media Group, effective immediately.
  • He will report to Meredith Local Media Group President Patrick McCreery.
  • "Larry has been a vital member of the Meredith Local Media Group for the past decade, overseeing countless technology upgrades and new station integration projects," said McCreery.
  • "Tom has more than 25 years of experience working with broadcast technology and has helped manage a number of changes made across the Meredith Local Media Group," said McCreery.

Meredith Finalizes Sale Of FORTUNE Media Brand For $150 Million

Retrieved on: 
Friday, December 21, 2018

DES MOINES, Iowa and NEW YORK, Dec. 21, 2018 /PRNewswire/ --Meredith Corporation (NYSE:MDP; www.meredith.com ) today announced it has closed on the sale of the FORTUNE media brand for $150 million cash to Fortune Media Group Holdings Limited,wholly owned by Chatchaval Jiaravanon.

Key Points: 
  • DES MOINES, Iowa and NEW YORK, Dec. 21, 2018 /PRNewswire/ --Meredith Corporation (NYSE:MDP; www.meredith.com ) today announced it has closed on the sale of the FORTUNE media brand for $150 million cash to Fortune Media Group Holdings Limited,wholly owned by Chatchaval Jiaravanon.
  • Meredith acquired FORTUNE as part of its purchase of Time Inc., which closed on January 31, 2018.
  • Meredith closed on its sale of TIME to Marc and Lynne Benioff for $190 million on October 31, 2018.Combined with the FORTUNE sale, Meredith has generated $340 million from the sale of these two properties, and is in active negotiations to sell the Sports Illustrated and MONEY media brands.
  • Meredith'sNational Media Groupreaches more than 175 million unduplicated American consumers every month, including over 80 percent of U.S. millennial women.