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Meredith Corporation
Meredith Corporation
is an American media conglomerate based in Des Moines, Iowa, USA. The company has two divisions: National Media and Local Media. As of 2016, the company employed 3,600 people and had US$1.6 billion in revenues. As of 2018, they are the largest magazine company in the world (after Time Inc.
Time Inc.
buyout[2]).

Contents

1 History 2 Divisions

2.1 National media

2.1.1 Magazines 2.1.2 Digital media

2.2 Local media

2.2.1 Current Meredith-owned stations 2.2.2 Former Meredith-owned stations 2.2.3 Radio stations

3 Business deals 4 See also 5 References 6 External links

History[edit]

Former logo from 1960s to 2009

Edwin Thomas Meredith
Edwin Thomas Meredith
founded the company in 1902 when he began publishing Successful Farming
Successful Farming
magazine. In 1922, Meredith began publishing Fruit, Garden and Home magazine, a home and family service publication. Two years later, this magazine was retitled Better Homes and Gardens,[3][4] and the first issue cost a dime on the newsstand. In 1930, they published the first edition of The Better Homes and Gardens Cook Book. By 1928, the company had combined circulations of 2.5 million. The company went public in 1946 and was first listed on the New York Stock Exchange in 1965. Following its initial public offering, Meredith began acquiring television stations, a strategy it has continued over the decades.[5] Recently, Meredith has introduced numerous other female-oriented consumer brands and has expanded its reach, through acquisitions and strategic partnerships, to become the leading media and marketing company serving the adult female audience in the United States. The company has extended its media and marketing platform around the globe, through acquisitions and strategic licensing relationships. In recent years, Meredith has acquired allrecipes.com from Reader's Digest Association,[6] mywedding.com.,[7] Selectable Media,[8] and Shape, Natural Health and Fit Pregnancy from American Media Inc.[9] In February 2013, Meredith and Time Warner
Time Warner
held discussions on a possible purchase of Time Inc.
Time Inc.
to Meredith.[10] On September 8, 2015, Media General
Media General
announced the acquisition of Meredith Corporation
Meredith Corporation
in a cash and stock deal valued at $2.4 billion. Pending regulatory and shareholder approval, the deal was expected to be consummated in June 2016. The combined company would have operated under the name Meredith Media General, and be the third-largest owner of television stations in the United States—serving an estimated 30% of households. To comply with FCC ownership limits, the company would have divested and/or swapped stations in six markets. Media General shareholders would have controlled 65% of the company, with Meredith shareholders holding 35%.[11] However, on January 27, 2016, Nexstar Broadcasting Group announced that it would acquire Media General.[citation needed] In February 2017, it was reported that Meredith and a group of investors led by Edgar Bronfman Jr.
Edgar Bronfman Jr.
were considering pursuing Time Inc.[12] On November 26, 2017, it was announced that Meredith Corporation would acquire Time Inc.
Time Inc.
in a $2.8 billion deal. $640 million in backing was provided by Koch Equity Development, but the Koch family would not have a board seat or otherwise influence the company's operations.[13][14] On January 9, 2018, it was announced that Meredith would launch a Hungry Girl magazine on January 16, expanding from the online brand.[15] The Time Inc.
Time Inc.
acquisition was completed on January 31, 2018.[16][17][18] In March 2018, only six weeks after the closure of the deal, Meredith announced that it would lay off 200 employees, up to 1000 more over the next 10 months, and explore the sale of Fortune, Money, Sports Illustrated, and Time. Meredith felt that, despite their "strong consumer reach", these brands did not align with its core lifestyle properties.[19] Howard Milstein had announced on February 7, 2018 that he would acquire Golf Magazine
Magazine
from Meredith, and Time Inc. UK was sold to the British private equity group Epiris.[20][21] Divisions[edit] National media[edit] Magazines[edit] Meredith magazines include the following brands:[22]

Ageless Iron Allrecipes American Baby American Patchwork & Quilting Better Homes and Gardens Country Life Diabetic Living Do-It-Yourself Eat This, Not That EatingWell Entertainment Weekly Essence Every Day with Rachael Ray Family Circle FamilyFun Food & Wine Fortune InStyle Living the Country Life Midwest Living Money Parents (and Ser Padres) People Real Simple Shape Siempre Mujer Southern Living Sports Illustrated Successful Farming Time Traditional Home Travel + Leisure Wood

Defunct magazines include:

More Readymade Sail Scrapbooks Etc.

Digital media[edit]

Allrecipes.com
Allrecipes.com
[23] mywedding.com [24]

Local media[edit] The broadcasting division owns 15 television stations. Meredith's broadcasting division also produces Better, which was originally conceived as a brand extension of BH&G. Since its inception in 2007 the show has placed an increasing emphasis on celebrity interviews and music performances. There are also cooking demonstrations and regular features on health, beauty, fitness and fashion. The program currently airs on 80 stations nationwide.[25] On December 23, 2013, Meredith announced plans to buy St. Louis
St. Louis
CBS affiliate KMOV
KMOV
and Phoenix independent station KTVK
KTVK
for $407.5 million in cash from Gannett Company
Gannett Company
and Sander Media, LLC to satisfy a federal mandate that Gannett sell KMOV.[26] The purchase of KMOV
KMOV
was completed on February 28, 2014,[27] while the KTVK
KTVK
sale was completed on June 19.[28] Meredith has also struck deals to acquire ABC affiliate WGGB
WGGB
in Springfield, Massachusetts
Springfield, Massachusetts
from Gormally Broadcasting for $53.8 million[29] and Fox affiliate WALA in Mobile, Alabama
Mobile, Alabama
from LIN Media for $86 million.[30] Stations are arranged in alphabetical order by state and city of license. Current Meredith-owned stations[edit]

City of license / Market Station Channel TV (RF) Owned since Network affiliation

Mobile WALA-TV 10 (9) 2014 Fox

Phoenix KPHO-TV 5 (17) 1952 CBS

KTVK 3 (24) 2014 Independent

Hartford - New Haven WFSB 3 (33) 1997 CBS

Atlanta[31] WGCL-TV 46 (19) 1999 CBS

WPCH-TV 17 (20) 2017 1 Independent

Springfield, Massachusetts WSHM-LD (semi-satellite of WFSB) 3 (21) 2004 CBS

WGGB-TV 40 (40) 2014 ABC Fox (DT2)

Bay City - Flint - Saginaw, MI WNEM-TV 5 (22) 1969 CBS MyNetworkTV
MyNetworkTV
(DT2)

Kansas City, Missouri KCTV 5 (24) 1953 CBS

KSMO-TV 62 (47) 2005 MyNetworkTV

St. Louis KMOV 4 (24) 2014 CBS MyNetworkTV
MyNetworkTV
(DT3)

Henderson - Las Vegas, NV KVVU-TV 5 (9) 1985 Fox

Portland, OR - Vancouver, WA KPTV 12 (12) 2002 Fox

KPDX 49 (30) 1997 MyNetworkTV

Bend, Oregon KUBN-LD (semi-satellite of KPDX) 43 (43) 2006 MyNetworkTV

Greenville - Spartanburg - Asheville WHNS 21 (21) 1997 Fox

Nashville WSMV-TV 4 (19) 1995 NBC

Note:

1 Between 2009 and 2017, Meredith operated WPCH through a local marketing agreement when the station was owned by Time Warner subsidiary Turner Broadcasting System.[31] On February 23, 2017, Meredith announced its intention to purchase the station from Time Warner prior to the latter's merging with AT&T.[32]

Former Meredith-owned stations[edit]

City of license / Market Station Channel TV (RF) Years owned Current ownership status

Phoenix KASW 61 (49) 1 The CW
The CW
affiliate owned by Nexstar Media Group

Fresno KSEE 24 (38) 1984–1993 NBC
NBC
affiliate owned by Nexstar Media Group

Ocala - Gainesville, FL WOGX (semi-satellite of WOFL) 51 (31) 1996–2002 Fox owned-and-operated (O&O)

Orlando - Daytona Beach WOFL 35 (22) 1983–2002 Fox owned-and-operated (O&O)

WCPX-TV 6 (26) 1997 2 CBS
CBS
affiliate, WKMG-TV, owned by Graham Media Group

Omaha WOW-TV 6 (22) 1951–1975 NBC
NBC
affiliate, WOWT, owned by Gray Television

Syracuse, New York WHEN-TV/ WTVH
WTVH
** 5 (47) 1948–1993 CBS
CBS
affiliate owned by Granite Broadcasting (operated under an SSA by Sinclair Broadcast Group)

Bend, Oregon KFXO-LD 39 (39) 1997–2007 Fox affiliate owned by News-Press & Gazette Company

Pittsburgh WPGH-TV 53 (43) 1978–1986 Fox affiliate owned by Sinclair Broadcast Group

Cleveland - Chattanooga, TN WFLI-TV 53 (42) 2004–2008 The CW
The CW
affiliate owned by MPS Media (operated under SSA by New Age Media)

Seattle-Tacoma KCPQ-TV 13 1998–1999 3 Fox affiliate owned by Tribune Broadcasting

Notes:

(**) WHEN-TV/ WTVH
WTVH
was the only station that was built and signed-on by Meredith. 1 Owned by SagamoreHill Broadcasting, Meredith operated KASW
KASW
under a shared services agreement. 2 WCPX was acquired along with KPDX
KPDX
and WHNS
WHNS
when Meredith bought their parent company First Media,[33] but the station was swapped to Post-Newsweek Stations (former name of Graham Media Group) for WFSB
WFSB
a day later. Meredith never held control of the station. 3 Acquired solely to be traded to Tribune for WGCL.

Radio stations[edit]

AM Stations FM Stations

City of License/Market Station/Frequency Years owned Current ownership status

Phoenix KPHO-910 (now KGME) 1952–1972 iHeartMedia, Inc.

Kansas City, Missouri KCMO-710 (KCMO is now at 810 AM; 710 AM is now WHB) 1953–1983 Cumulus Media

KCMO-FM-94.9 1953–1983 Cumulus Media

Omaha WOW-590 (now KXSP) 1951–1983 E.W. Scripps Company

WOW-FM-92.3 (now KEZO-FM) 1951–1983 E.W. Scripps Company

Syracuse, New York WHEN-620 1954–1976 iHeartMedia

Bridgeport, Michigan WNEM-1250 (now WHHQ) 2004–2013 Ave Maria Communications

Business deals[edit] Meredith Corporation
Meredith Corporation
has, through acquisitions and strategic partnerships, transformed the company into a "360 degree" media and marketing powerhouse serving the largest audience of female adults of any media company in the United States. John S. Zieser, Chief Development Officer, has led the company on these business activities, from the acquisition of the Parents, Family Circle
Family Circle
and Fitness brands from European media conglomerate Bertelsmann
Bertelsmann
in 2005, to the more recent acquisition of several digital and mobile companies which led to expansion of Meredith's high growth "business-to-business" Integrated Marketing division, to large strategic licensing relationships with Walmart
Walmart
and Realogy
Realogy
relating to the Better Homes and Gardens brand. John Zieser also leads and manages the acceleration of Meredith's consumer brands overseas, through over 35 licensing partnerships with leading media partners around the globe. In March 2012, Meredith completed the acquisition of allrecipes.com from Reader's Digest Association
Reader's Digest Association
for $175 million.[34][35] In October 2014, Meredith announced a 10-year licensing agreement with Martha Stewart Living Omnimedia
Martha Stewart Living Omnimedia
to acquire the rights to Martha Stewart Living, Martha Stewart Weddings and marthastewart.com.[36][37] In November 2014, a month after inking the licensing deal with Martha Stewart Living Omnimedia, Meredith acquired mywedding.com.[7] In November 2017, Meredith Corporation
Meredith Corporation
acquired Time Inc., combining to boast 135 Million readers.[38] The acquisition was finalised on January 31, 2018.[2] See also[edit]

Companies portal

New Media Strategies List of United States
United States
magazines

References[edit]

^ a b " Meredith Corporation
Meredith Corporation
2016 Annual Report Form (10-K)" (PDF). Meredith. United States
United States
Securities and Exchange Commission. June 30, 2016. Retrieved August 8, 2017.  ^ a b " Meredith Corporation
Meredith Corporation
Announces Completion Of Time Inc. Acquisition And Reports Fiscal 2018 Second Quarter And First Half Results".  ^ "Miller Center of Public Affairs University of Virginia". American President Woodrow Wilson/ Edwin T. Meredith
Edwin T. Meredith
Secretary of Agriculture. Archived from the original on December 17, 2010. Retrieved December 12, 2010.  ^ "NNDB". Edwin T. Meredith. Retrieved December 12, 2010.  ^ "History of Meredith Corporation
Meredith Corporation
– FundingUniverse". www.fundinguniverse.com.  ^ "Meredith Significantly Increases Its Digital Scale With Acquisition of Allrecipes.com, World's Top Food Website, From Reader's Digest Association (NYSE:MDP)". ir.meredith.com. Retrieved 2015-08-25.  ^ a b "Meredith Adds To Growing Presence In Wedding Marketplace With Acquisition Of Rapidly Growing Mywedding.com Brand (NYSE:MDP)". ir.meredith.com. Retrieved 2015-08-25.  ^ "Meredith Expands Digital Capabilities With Acquisition Of Selectable Media". PR Newswire. January 6, 2015. Retrieved January 7, 2015.  ^ Bill Mickey (2015-01-28). "Meredith Buys Shape From AMI for $60 Million". Folio:. Retrieved 2015-03-09.  ^ Lauria, Peter (February 13, 2013). " Time Warner
Time Warner
in talks with Meredith on magazines: source". Reuters Group. Retrieved February 20, 2013.  ^ " Media General
Media General
to Buy Meredith Corp. for $2.4 Billion". The Wall Street Journal. September 8, 2015. Retrieved September 8, 2015.  ^ A. Trachtenberg, Jeffrey (February 7, 2017). "Meredith, Bronfman Move Forward in Effort to Acquire Time Inc". The Wall Street Journal. Retrieved February 8, 2017.  ^ Nyren, Erin; Littleton, Cynthia (November 26, 2017). "Meredith Corp. Acquires Time Inc.
Time Inc.
in $2.8 Billion Koch Brothers-Backed Deal". Variety. Retrieved November 27, 2017.  ^ Ember, Sydney; Ross, Andrew (November 26, 2017). " Time Inc.
Time Inc.
Sells Itself to Meredith Corp., Backed by Koch Brothers". The New York Times. Retrieved November 27, 2017.  ^ Hardy, Kevin (January 9, 2018). "Meredith launches new Hungry Girl magazine". Des Moines Register. Retrieved January 15, 2018.  ^ " Meredith Corporation
Meredith Corporation
Announces Completion Of Time Inc.
Time Inc.
Acquisition And Reports Fiscal 2018 Second Quarter And First Half Results" (Press release). Meredith Corporation. January 31, 2018. Retrieved February 10, 2018.  ^ Hays, Kali (February 1, 2018). "Time Inc., Now Meredith and More Changes to Come". Women's Wear Daily. Retrieved February 10, 2018.  ^ Gold, Howard R. (February 1, 2018). "Who killed Time Inc.?". Columbia Journalism Review. Retrieved February 10, 2018.  ^ Spangler, Todd (2018-03-21). "Meredith Laying Off 1,200, Will Explore Sale of Time, SI, Fortune and Money Brands". Variety. Retrieved 2018-03-22.  ^ "Banker shells out big bucks to buy Golf Magazine". New York Post. 2018-02-08. Retrieved 2018-03-22.  ^ Sweney, Mark (2018-02-26). " Marie Claire
Marie Claire
publisher Time Inc UK sold to private equity group". the Guardian. Retrieved 2018-03-22.  ^ Spangler, Todd (2018-03-21). "Meredith Laying Off 1,200, Will Explore Sale of Time, SI, Fortune and Money Brands". Variety. Retrieved 2018-03-22.  ^ http://ir.meredith.com/releasedetail.cfm?releaseid=653206 ^ http://ir.meredith.com/releasedetail.cfm?releaseid=883401 ^ Pursell, Chris (January 2008). "Meredith Speeds Up 'Better' Rollout". TV Week. Retrieved January 19, 2011.  ^ Meredith to Expand TV Portfolio with Deal to Add Stations in Phoenix, St. Louis, Meredith press release, December 23, 2013. ^ Brown, Lisa (February 28, 2014). "Meredith Corp. closes on $177 million purchase of KMOV". St. Louis
St. Louis
Post-Dispatch. Retrieved February 28, 2014.  ^ Gannett-Sander Complete Phoenix Sale, TVNewsCheck, Retrieved 19 June 2014. ^ Malone, Michael (19 June 2014). "Meredith to Acquire WGGB Springfield, Mass". Broadcasting & Cable. Retrieved 9 September 2014.  ^ Staff. "Media General, LIN Sell Stations In 5 Markets".  ^ a b Swartz, Kristi E. (January 18, 2011). "Parent of CBS
CBS
Atlanta to take over operations of Peachtree TV". Atlanta Journal-Constitution. Retrieved January 18, 2011.  ^ Rodney Ho (February 23, 2017). "Meredith purchases Peachtree TV from Time Warner/Turner Broadcasting System". Atlanta Journal-Constitution. Cox Enterprises. Retrieved February 25, 2017.  ^ "Meredith To Purchase Channel 6".  ^ "Meredith Completes Acquisition of Allrecipes.com
Allrecipes.com
From Reader's Digest (NYSE:MDP)". ir.meredith.com. Retrieved 2015-08-25.  ^ Rubin, Ben Fox. "Meredith to Buy AllRecipes.com". Wall Street Journal. ISSN 0099-9660. Retrieved 2015-08-25.  ^ Haughney, Christine (2014-10-15). "Martha Stewart's Magazines to Outsource Business Side to Meredith". The New York Times. ISSN 0362-4331. Retrieved 2015-08-25.  ^ Trachtenberg, Jeffrey A. "Martha Stewart Magazines to Be Licensed to Meredith Corp". Wall Street Journal. ISSN 0099-9660. Retrieved 2015-08-25.  ^ "Meredith Acquires Time, Inc And Gains Scale: 135M Combined Readers". https://www.mediapost.com. Retrieved 2017-11-28.  External link in website= (help)

External links[edit]

Official website Agriculture.com portal by Successful Farming Better Homes and Gardens main website

v t e

Meredith Corporation

People

Stephen M. Lacy Edwin T. Meredith

Magazines

All You Allrecipes Amateur Gardening Amateur Photographer Angler's Mail Better Homes and Gardens Chat Coastal Living Cooking Light Country Homes & Interiors Country Life Cycling Weekly Decanter Departures EatingWell Entertainment Weekly Essence Every Day with Rachael Ray Executive Travel Family Circle FamilyFun Fitness Fit Pregnancy Food & Wine Fortune Golf Health HelloGiggles Horse & Hound Ideal Home InStyle Ladies' Home Journal Life.com Livingetc Look Marie Claire
Marie Claire
(UK) Midwest Living Money Mousebreaker NME Now Parents People People en Español Pick Me Up Real Simple Rugby World Ser Padres Shape Shooting Gazette Shooting Times Soaplife Southern Living Sporting Gun Sports Illustrated Sports Illustrated
Sports Illustrated
Kids Successful Farming Sunset SuperYacht Business SuperYacht World Texture The Field Time Time for Kids Traditional Home Travel + Leisure TV & Satellite Week TV easy TVTimes Uncut Wallpaper What's on TV Woman Woman's Own Woman's Weekly Wood World Soccer Yachting World

Television
Television
series

Better

CBS
CBS
affiliates

KCTV KMOV KPHO WFSB
WFSB
/ WSHM WGCL WNEM

Fox affiliates

KPTV KVVU WALA WGGB
WGGB
1 WHNS

Other affiliates

MyNetworkTV

KMOV
KMOV
1 KPDX KSMO WGGB
WGGB
1 WNEM 1

Ind.

KTVK WPCH

WGGB
WGGB
(ABC) WSMV (NBC)

Other

Cozi Myspace Oxmoor House Sports Illustrated
Sports Illustrated
Television
Television
(Asia) (50%) Sunset Books Synapse Group

Defunct

More ReadyMade Time Inc.

1 Network carried as d

.