MNI

Meredith Corporation Shareholders Approve Sale To Gray Television

Retrieved on: 
Tuesday, November 30, 2021

DES MOINES, Iowa, Nov. 30, 2021 /PRNewswire/ -- Meredith Corporation (NYSE: MDP) announced its pending $2.825 billion acquisition by Gray Television Inc. received shareholder approval at a special shareholder meeting held earlier today.

Key Points: 
  • DES MOINES, Iowa, Nov. 30, 2021 /PRNewswire/ -- Meredith Corporation (NYSE: MDP) announced its pending $2.825 billion acquisition by Gray Television Inc. received shareholder approval at a special shareholder meeting held earlier today.
  • Immediately prior to the Gray acquisition close, Meredith will spin its digital, magazine, MNI, PEOPLE TV, and corporate operations out to its shareholders as a new company, Meredith Holdings Corp., that IAC's Dotdash has agreed to acquire for $2.7 billion.
  • These statements are based on management's current knowledge and estimates of factors affecting Meredith Corporation ("Meredith" or the "Company") and its operations.
  • Meredith, Meredith Holdings Corporation, Gray, and IAC assume no obligation to update or revise publicly the information in this communication, whether as a result of new information, future events or otherwise, except as otherwise required by law.

Pending Meredith Acquisitions By Gray And IAC's Dotdash Receive Regulatory Approvals

Retrieved on: 
Monday, November 15, 2021

DES MOINES, Iowa, Nov. 15, 2021 /PRNewswire/ --Meredith Corporation (NYSE: MDP) announced today that its pending acquisitions by Gray Television Inc. and IAC's Dotdash Media Inc. received key regulatory approvals.

Key Points: 
  • DES MOINES, Iowa, Nov. 15, 2021 /PRNewswire/ --Meredith Corporation (NYSE: MDP) announced today that its pending acquisitions by Gray Television Inc. and IAC's Dotdash Media Inc. received key regulatory approvals.
  • Immediately prior to the Gray acquisition, Meredith will spin its digital, magazine, MNI, PEOPLE TV, and corporate operations out to shareholders as a new company, Meredith Holdings Corp., that Dotdash has agreed to acquire.
  • Additionally, Meredith announced the waiting period under the Hart-Scott-Rodino Antitrust Improvement Act of 1976 for Meredith Holdings' acquisition by Dotdash expired on November 12, 2021.
  • These statements are based on management's current knowledge and estimates of factors affecting Meredith Corporation ("Meredith" or the "Company") and its operations.

MNI Targeted Media Survey Uncovers Marketers’ Significant Reliance On Social Media

Retrieved on: 
Thursday, October 7, 2021

MNI’s objective with this survey was to learn what resources are influential and trusted among their clients and leverage those insights. That will assist MNI in maximizing the effectiveness of their campaigns while getting a firmer understanding of their ideal target audience -- what media engages and influences them. Key findings include —

Key Points: 
  • STAMFORD, Conn., Oct. 07, 2021 (GLOBE NEWSWIRE) -- MNI Targeted Media ( MNI ), a targeted media planning and buying company and a division of the Meredith Corporation, today announced the results from a survey of marketers regarding the sources they rely on for business purposes.
  • The survey found a majority preferred social media over traditional media and high-profile individuals with established digital presences.
  • Methodology: MNI Targeted Media invited partners to participate in the survey via email from March 11-14, 2021.
  • MNI Targeted Media (MNI) is a division of Meredith Corporation (NYSE: MDP; www.meredith.com ), the leading media and marketing company that serves 175 million unduplicated American women and 80 percent of U.S. millennial women.