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Meredith

Meredith
1902 FOUNDED
PUBLIC STATUS
5K-10K EMPLOYEES
MDP STOCK SYMBOL
42 INVESTMENTS
$53.96 SHARE PRICE (As of Friday Closing)
Description

Meredith Corp is an American media company that focuses on publications and marketing services around the home, family, food, and lifestyle markets. The company operates two divisions: national media and local media. The national media segment publishes magazines such as Every Day with Rachael Ray, Better Homes and Gardens, Family Fun, and Parents; this segment is the source of the majority of Meredith's revenue. The local media segment owns over 15 television stations around the United States. In 2014, the company announced a 10-year licensing agreement with Martha Stewart Omnimedia to acquire the rights to Martha Stewart Living, Martha Stewart Weddings, and marthastewart.com.

Ownership Status
Publicly Held
Financing Status
Corporation
Primary Industry
Publishing
Other Industries
Broadcasting, Radio and Television
Stock Exchange
NYS
Primary Office
  • 1716 Locust Street
  • Des Moines, IA 50309
  • United States

+1 (515) 000-0000
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Meredith Stock Performance

52 wk Range Market Cap Prev. Close EPS Average Volume Shares
$47.46 - $62.40 $2.16B $54.22 -$0.05 363K 45.2M

Meredith Financials Summary

In Thousands,
USD
TTM
31-Mar-2019
FY 2018
30-Jun-2018
FY 2017
30-Jun-2017
FY 2016
30-Jun-2016
Enterprise Value 5,164,921 2,951,544 3,292,290 3,078,329
Revenue 3,167,000 2,247,400 1,713,300 1,649,600
EBITDA 625,100 235,500 380,600 206,400
Net Income 76,100 99,400 188,900 33,900
Total Assets 6,114,300 6,727,200 2,729,700 2,626,791
Total Debt 2,459,400 3,135,600 698,200 693,506
Public Fundamental Data provided by Morningstar, Inc. disclaimer

Meredith Valuation and Funding

Deal Type Date Amount Post-Val Valuation/
EBITDA
Debt Status

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Meredith Competitors (5)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Nexstar Media Group Formerly PE-Backed Irving, TX 0000 00.000 0000000000
000 0.0. 0000000 Corporation Cincinnati, OH 0000
0000000 0000000 Corporation McLean, VA 00000 0&0
00000 000000000000 Failed Transaction (PE) Indianapolis, IN 000 00000 000000000000
000 Corporation Birmingham, United Kingdom 0000 00000 00000000000 00000
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Meredith Investments & Acquisitions (42)

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
0000-00 24-Apr-2018 000000000 00000 00 0000 Buildings and Property 000 00000
00000000 000000000 24-Apr-2018 000000000 00000 00 Broadcasting, Radio and Television
000000 03-Apr-2018 000000000 00.00 Social/Platform Software 0000 000000
0000 31-Jan-2018 000000000000000000 00.00 Publishing 0000000 0000
Sports Illustrated 01-Jan-2018 Merger/Acquisition Publishing
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Meredith Exits (5)

Company Name Exit Date Exit Type Exit Size Status Buyers
0000 31-Jan-2018 000000000000000000 00.00 Completed
  • 00000000
000000 00000000000 01-Jan-2018 000000000000000000 Completed
  • 00000000
0000000 01-Jan-2015 000000000 0000 Completed
  • 5 buyers
0000-00 25-Aug-2004 000000000 00000 00 Completed
  • 00000000
iBlast 07-Mar-2000 Corporate Completed
  • 11 buyers
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Meredith Subsidiaries (11)

Company Name Industry Location Founded
Grocery Server Internet Retail Bainbridge Island, WA 2010
00000 000 0000 000 Publishing Red Oak, IA 0000
0000000000 00000 Media and Information Services (B2B) New York, NY 0000
000000000000 00000 Food Products Lindon, UT 0000
000000000 Information Services (B2C) Castle Rock, CO 0000
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Meredith Investors

Investor Name Investor Type Holding Participating Rounds Investor Since Board Seat Contact Info

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Meredith Executive Team (25)

Name Title Board
Seat
Contact
Info
Tom Harty President, Chief Executive Officer & Chief Operating Officer
Thomas Witschi Executive Vice President & President
Paul Karpowicz Local Media Group President
Jack Griffin President
Jon Wether President

5 Former Executives

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Meredith Board Members (2)

Name Representing Role Since Contact
Info
0000000 0000 Self Executive Chairman 000 0000

1 Former Board Member

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