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.
On January 4, 2021, Meredith Corporation (NYSE: MDP) announced the election of John Kenyon, Vice President and Managing Director of Meredith Targeted Media Health, as co-chair of the Point of Care Communication Council (PoC3). This nonprofit organization focuses on enhancing healthcare outcomes through effective point of care marketing. Kenyon, recognized for his expertise in strategic marketing within healthcare, aims to promote the value of this channel and expand its opportunities. His leadership is expected to strengthen trust and educate the advertising community about POC's unique benefits.
Meredith Corporation (NYSE: MDP) will present at the Citi 2021 Global TMT West Virtual Conference on January 6, 2021, at 1:00 p.m. EST. The presentation will be available via webcast on the Investor Relations section of meredith.com. With a legacy spanning nearly 120 years, Meredith reaches over 190 million American consumers monthly, including nearly 95% of U.S. women, through various media formats such as digital, video, print, and broadcast television.
Meredith Corporation's (NYSE: MDP) Travel + Leisure announces its podcast, Let's Go Together, has been nominated for the 2021 iHeartRadio Podcast Awards in the Travel Podcast category. The award winners will be revealed during a virtual ceremony on January 21, 2021, at 9 p.m. local time. Hosted by Kellee Edwards, the podcast promotes inclusivity in travel, showcasing diverse voices and experiences. The awards cover 30 categories and will be streamed on iHeartRadio's platforms.
Meredith Corporation (NYSE: MDP) has announced that Rachael Ray In Season will be available for home delivery via the Meredith Magazine Store starting with the Winter/Spring 2021 issue, priced at $20 for an annual subscription. The magazine will continue to be sold at newsstands, priced at $9.99. This transition aligns with consumer demand and follows positive responses to previous products. The first issue under the new subscription model will be available on February 12, 2021.
Meredith Corporation (NYSE: MDP) has appointed Alysia Borsa as President of Meredith Digital and Amanda Dameron as Chief Digital Content Officer. This restructuring comes as the company's digital advertising has seen a remarkable 15% growth in the last quarter, contributing 38% to total fiscal 2020 revenue. Borsa, effective immediately, aims to enhance digital engagement, while Dameron, starting January 4, 2021, will oversee creating compelling digital content. These changes reflect Meredith's strategic focus on strengthening its digital leadership during a pivotal time in the media landscape.
On December 3, 2020, Meredith Corporation (NYSE: MDP) announced the release of its 2021 list of the Most Innovative Children's Hospitals through PARENTS magazine. This year, 15 hospitals were recognized for their exceptional efforts, particularly during the pandemic. Innovations were assessed by experts from PARENTS' advisory board, focusing on advancements in research and medical care for children. The complete list is available online and in the January issue of PARENTS magazine.
Meredith Corporation's (NYSE: MDP) December issue of Southern Living shows a remarkable 51% increase in ad revenue compared to the previous year. The brand's audience has averaged 25.5 million across digital and print channels, marking a 2% rise year-to-date. Southern Living also set a record with nearly 19 million website visits in November, a 23% year-over-year increase. The magazine will implement enhancements, including a new design and paper stock, starting with the January/February 2021 issue. Social media engagement has surged, with a 14% growth in followers.
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