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) reported a robust fiscal 2021 second-quarter performance, achieving record revenues of $901.5 million, an 11% increase year-over-year. Earnings from continuing operations more than doubled to $148.5 million. Digital advertising revenues from the National Media Group surged 22%, outpacing traditional magazine advertising for the first time. Additionally, cash flow from operations increased to $182.9 million. Despite challenges from the COVID-19 pandemic, Meredith's diversified portfolio and strategic initiatives contributed to net debt reduction and improved profitability.
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.
