Welcome to our dedicated page for Meredith Corporation news (Ticker: MDP), a resource for investors and traders seeking the latest updates and insights on Meredith Corporation stock.
Meredith Corporation (symbol: MDP) is a preeminent media and marketing company reaching 100 million Americans every month. With a portfolio of well-known national brands and local television channels in fast-growing markets, Meredith excels in delivering high-quality content across various consumer interest areas such as home, family, food, health, and agriculture. The company employs multiple distribution platforms, including print, television, digital, mobile, tablets, and video, ensuring that consumers receive the content they crave and that advertisers reach their target audience effectively.
Meredith Xcelerated Marketing, a division of the company, has bolstered its capabilities through strategic acquisitions of cutting-edge firms in digital, mobile, social, healthcare, database, and international marketing. This expansion enables Meredith to offer powerful and custom marketing solutions to top brands and companies nationwide.
In recent news, Meredith's brand REAL SIMPLE has launched registration for the 2024 REAL SIMPLE Women's Half Marathon in collaboration with the New York Road Runners, aiming to support the Food Bank for New York City's Woman to Woman campaign. Additionally, Meredith's Food & Wine, Southern Living, and Travel + Leisure announced the first-ever FOOD & WINE Classic in Charleston, scheduled for September 2024. This premier festival will feature world-class chefs, food and wine tastings, and exclusive tours.
Meredith Corporation is also celebrated for its editorial excellence, with Beautiful Kitchens & Baths magazine unveiling its 13th annual list of 30 Most Innovative Products. Furthermore, Southern Living recently announced the winners of its eighth annual South's Best Awards, recognizing readers' favorite Southern destinations and experiences.
Meredith's commitment to innovation and quality content continues to set it apart in the media and marketing landscape, making it a significant entity in the stock market and media industry.
Meredith Corporation (NYSE: MDP) announced the inaugural REAL SIMPLE Sleep Awards, showcasing 11 top products aimed at enhancing sleep quality. The selection process involved rigorous testing and evaluation by REAL SIMPLE editors, focusing on innovation and effectiveness. Notably, 60% of women reported sleep difficulties linked to the pandemic. The Sleep Awards highlight affordable, inventive solutions, including advanced bedding and sleep tech. The winners will be featured in the February 2021 issue, which is currently on newsstands.
Meredith Corporation (NYSE: MDP) announced the launch of a new quarterly publication, "PEOPLE Royals," debuting on March 5, 2021. Priced at $12.99 in the U.S. and $15.99 in Canada, the magazine will focus on the Royal family, featuring stories about personalities like Princess Kate and Meghan Markle. Each issue will include exclusive interviews and insightful articles, along with a chic design. The magazine aims to cater to the strong interest in Royal culture, capitalizing on PEOPLE's longstanding authority in this area.
Meredith Corporation (NYSE: MDP) will announce its fiscal 2021 second quarter and first half results on February 4, 2021. A conference call is scheduled for 9:00 AM EST on the same day, with an earnings release and discussion materials provided beforehand. Meredith, a leading media company for almost 120 years, reaches nearly 95 percent of U.S. women and over 190 million consumers monthly through brands like PEOPLE and Better Homes & Gardens. Additionally, the company operates 17 television stations, covering 11% of U.S. households.
Meredith Corporation (NYSE: MDP) has appointed Nichole Aksamit as the new Editor in Chief of Allrecipes magazine, effective immediately. Aksamit, previously Executive Editor, will lead the print editorial team and reports to Stephen Orr, VP/Group Editorial Director. Under her leadership, Allrecipes aims to expand its reach beyond the current 9 million readers. Since its launch, the magazine's rate base has grown from 500,000 to 1.4 million, and Allrecipes.com remains a top food media site with nearly 60 million unique visitors in December 2020.
Meredith Corporation (NYSE: MDP) announced the appointment of Erica Jensen as Senior Vice President and Chief Communications Officer, effective January 29, 2021. Jensen succeeds Art Slusark and brings extensive experience from Principal Financial Group. She will oversee Meredith's communications strategies, crisis management, and government relations, reporting directly to Chairman and CEO Tom Harty. Jensen aims to enhance Meredith's growth amid evolving market dynamics, leveraging the company's rich history and diversified business model.
Meredith Corporation (NYSE: MDP) reported a significant increase in consumer engagement for December 2020, with 685 million online sessions, up 13% from the previous year. This marks a new monthly record, surpassing the previous high of 680 million sessions in April 2020. Video views also rose to 472 million, an increase of 10%. Key sites like PEOPLE and Allrecipes led the growth, with 27% and 20% increases, respectively. Social media engagement surged, particularly on Pinterest, which saw an increase of over 80%.
Meredith Corporation (NYSE: MDP) announces the Best for Baby Awards 2021, showcasing top baby products based on a survey of 5,500 parents. The awards highlight products across various categories including daily life, travel, sleep, and feeding. Notable winners include the BabyBjörn Bouncer Bliss for best baby-to-toddler seat and the Chicco Corso Modular Travel System for best stroller and car-seat combo. The full list can be found in the February issue of PARENTS and online at Parents.com/babygear.
Meredith Corporation (NYSE: MDP) has partnered with obé Fitness to launch the 21 Jump Start, a 21-day workout program designed for active wellness. This initiative provides participants with a free month of obé Fitness, granting access to over 5,000 workouts and 100 live classes weekly. The program emphasizes accountability through community support and includes a custom tracker for monitoring progress. The collaboration aims to simplify fitness, making it accessible and motivating for users as they kick off 2021 with health-focused resolutions.
Meredith Corporation's MyLife, a personalized emotional wellness platform, is launching new features in January 2021 to address user demands amid rising stress levels due to the Covid-19 pandemic. The updates include a 30-day meditation journey named Mindful Parent, Mindful Child, various Essentials Bundles focusing on gratitude, beginner techniques, sleep, and grounding activities, and an increased emphasis on mindful movement with 57 new activities. MyLife, which has over 4.5 million downloads, offers a premium subscription for $9.99/month or $58.99/year.
FAQ
What is the market cap of Meredith Corporation (MDP)?
What does Meredith Corporation specialize in?
What platforms does Meredith use to distribute its content?
What is Meredith Xcelerated Marketing?
What recent events has Meredith Corporation been involved in?
What recent recognitions have Meredith's brands received?
What are some of the key consumer interest areas Meredith covers?
How does Meredith Corporation provide value to advertisers and marketers?
Can you name some of the well-known brands under Meredith Corporation?
How does Meredith support female empowerment and community initiatives?
What makes Meredith Corporation a significant player in the media industry?
