As it looks to expand its digital presence in the consumer-engagement segment, Meredith Corp acquired mindfulness app Stop, Breathe & Think (SBT). Terms of the deal were not disclosed. The acquisition follows a recent study conducted by Meredith and The Harris Poll that revealed American women are experiencing stress at heightened epidemic levels.
Accenture is making one of its largest acquisitions to date by purchasing publisher Meredith’s digital agency, Meredith Xcelerated Marketing (MXM). Terms of the deal were not disclosed
Time, Sports Illustrated, Fortune, and Money are all up for sale as part of a plan to reduce costs by up to $500 million
Meredith Corp today announced that it has entered into a binding agreement with Epiris Fund II to sell Time Inc. UK. Formerly owned by Time Inc., Time Inc.was acquired by Meredith on January 31, 2018. Financial terms of the transaction are not being disclosed.
On Wednesday, Meredith Corporation announced its acquisition of Time Inc. was complete. February 1 marks the first day of operations for the combined company.
2017 is ending with a bang in magazine media. Maybe even a metaphorical big bang, as the wave of consolidation this year is forecasting a future of change that is unprecedented for this industry. In other words, magazine media as we’ve known it for more than 100 years may never look the same after the Time Inc. and Meredith’s merger becomes official in 2018
The rightwing billionaires are believed to be backing Meredith’s bid for the renowned media group but it is not the most obvious move for the brothers
An investment group backed by Edgar Bronfman Jr, former chief executive of Warner Music, Len Blavatnik, the billionaire owner of Warner Music Group, and Ynon Kreiz, who ran Maker Studios, will not pursue an acquisition because of a valuation gap, people said who were familiar with the situation.
Magazine group Meredith Corporation has renewed its interest in Time Inc, the publisher of People and Sports Illustrated, according to people familiar with the matter
The magazine publisher’s stock price jumped on reports it has hired financial advisers.
After receiving an unsolicited takeover offer, magazine publisher Time Inc. has hired financial advisers to field potential bids for the company and investigate other strategic moves, according to a Wall Street Journal report
A new report that Meredith Corporation may make a bid for Time Inc. has raised share prices for both companies, and fueled more industry speculation over Time Inc.’s future
Meredith Corporation expects digital ad sales to grow faster than print revenue declines for the first time next year, as it predicts that its online audience will reach 100m a month
The planned merger between Meredith Corp. and Media General is kaput, following Meredith’s agreement to terminate the deal in return for a cash payment. Media General to proceed with a separate deal that will see it acquired by Nexstar
Three-way fight for US TV station owner heats up as groups separately offer new terms
Media Gereral has made ‘several proposals’ to terminate Meredith merger and go with Nexstar buyout bid. Meredith counters with new deal terms.
Media General, the US television station owner, is facing pressure from an activist shareholder to call off its proposed $3.1bn deal to buy Meredith and instead sell itself to Nexstar Broadcasting Group.
Traditional media giants Media General and Meredith Corp. announced an agreement to merge into a new, even more giant entity that will be known as Meredith Media General. While Meredith, with some of the best-known consumer publishing brands, gets top billing in the agreement, Media General is effectively acquiring Meredith via a cash and stock deal putting its outstanding common stock value at $2.4 billion
As mobile devices move to the center of a consumer’s shopping activities, publishers are exploring ways to activate purchases at retail. One area that shows promise is grocery shopping, where consumers are using their mobile devices to look up recipes to plan their shopping
The sale price, revealed during Meredith’s earnings call today, is $60 million up front, with a profit sharing arrangement that will be paid out in Meredith’s fiscal 2018, estimated to be 3.5 times first-year cash flow. Also included in the deal are Shape’s digital assets, as well as the digital assets for Natural Health and […]
When it comes to digital-to-print developments, commentators often refer to internet pureplays entering the world of print – Net-a-Porter with Porter, Airbnb with Pineapple, and so on
