Meredith Corporation (MDP)

[Penny Roger$]

Meredith Corporation (Meredith) is a media and marketing company. The Company is engaged in magazine publishing and related brand licensing, television broadcasting, integrated marketing, interactive media, and video production related operations. The Company operates two business segments: national media and local media. The national media segment includes magazine publishing, brand licensing, integrated marketing, interactive media, database-related activities and other related operations. The local media segment consists primarily of the operations of network-affiliated television stations, related interactive media operations and video production related operations. In July 2010, it completed its acquisition of The Hyperfactory. During the fiscal year ended June 30, 2011 (fiscal 2011), Meredith relaunched Websites, including BHG.com and Recipe.com. In January 2012, it acquired FamilyFun from Disney Publishing Worldwide. In March 2012, it acquired Allrecipes.com, digital food brand.

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