Meredith Corporation

From Wikipedia, the free encyclopedia

Meredith Corporation
Type Public (NYSEMDP)
Founded 1902
Headquarters Des Moines, Iowa
Key people William T. Kerr, Chairman
Steve Lacy, CEO
Suku Radia, CFO
John S. Zieser CDO
Industry Media
Products Newspapers
Magazines
Books
Television
Educational Services
Websites
Revenue $1.597 billion USD (2006)
Employees 3,160 (2006)
Website www.meredith.com

Meredith Corporation NYSEMDP is based in Des Moines, Iowa. The company has two divisions, publishing and broadcasting.

Edwin Thomas Meredith founded the company in 1902 when he began publishing 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 with the first issue costing a dime on the newsstand. In 1930 they published the first edition of the Better Homes and Gardens Cook Book.
Since this time, Meredith has introduced numerous other magazines. In 1986, the company purchased Ladies' Home Journal magazine and in 2005, the company purchased the women's magazine portfolio of Gruner + Jahr. To date Meredith publishes 26 subscription magazines, approximately 200 special interest publications and 400 books, along with 32 websites.

Contents

[edit] Broadcast Holdings

Meredith Broadcast Group logo
Meredith Broadcast Group logo

The broadcasting division owns 14 television stations and 1 radio station. The sole radio station is WNEM (AM) in Saginaw, Michigan, a sister station of WNEM-TV based in the same city; Meredith did have a sizeable (for the time) radio group in the 1960s and 1970s. Meredith's broadcasting division also produces Better.TV, a daily program based on BH&G which features lifestyle, parenting, crafting and gardening tips. The program currently airs on Meredith stations and those of the Journal Broadcast Group.

[edit] Business Deals

Healia search engine and a number of other web companies were acquired in 2007. Also license deals of lead publications for overseas markets commenced as well for India, Indonesia and various other markets in Asia.

In 2007, Meredith Corporation also acquired social media marketing firm New Media Strategies, Genex and O'Grady Meyers, signaling a new strategic direction.

TV stations currently owned by Meredith

Current Media market# Market Station Channel (DT) Current Affiliation Acquired Notes
8 Atlanta, Georgia WGCL-TV 46 (19) CBS 1998 Was WGNX until 2000
12 Phoenix, Arizona KPHO-TV 5 (17) CBS 1952 Was CBS 1952-55, Independent 1955-95
23 Portland, Oregon KPTV 12 (30) FOX 2002 Was UPN until 2002
KPDX 49 (48) MyNetworkTV 1997 Was Fox until 2002, UPN until September 2006
29 Hartford, Connecticut WFSB 3 (33) CBS 1997
30 Nashville, Tennessee WSMV-TV 4 (10) NBC 1994
31 Kansas City, Missouri KCTV 5 (24) CBS 1953 Was KCMO-TV until 1983
KSMO 62 (47) MyNetworkTV 2005 Was WB until September 2006
36 Greenville, SC-Asheville, NC WHNS 21 (57) FOX 1997
43 Las Vegas, Nevada KVVU 5 (9) FOX 1985 Licenced to Henderson, Nevada
66 Saginaw, Michigan WNEM-TV 5 (22) CBS;
MyNetworkTV on DT2
1969 Was NBC until 1995
109 Springfield, Massachusetts WSHM-LP 67 CBS 2004 Operated with WFSB
  • Digital on WFSB 3.2
192 Bend, Oregon KUBN-LP 50 MyNetworkTV 2006 Partial satellite of KPDX

TV Stations Formerly Owned by Meredith

Market Station Channel Affiliation Owned by Meredith Sold To Current Ownership Notes
Fresno, California KSEE 24 NBC 1984-93 Granite Broadcasting Granite Broadcasting
Orlando, Florida WOFL 35 FOX 1983-2002 FOX O&O FOX O&O Owned by third party for part of 1997 (see below)
WCPX 6 CBS 1997 Post-Newsweek Post-Newsweek Acquired in purchase of First Media, swapped for WFSB; now WKMG
Gainesville, Florida WOGX 51 FOX 1996-2002 FOX O&O FOX O&O Semi-satellite of WOFL
Omaha, Nebraska WOW-TV 6 NBC; CBS 1958-75 Chronicle Broadcasting Gray Television Now WOWT; returned to NBC in 1986
Seattle, Washington KCPQ 13 FOX 1998-99 Tribune Broadcasting Tribune Broadcasting Obtained in a three-way deal where it was swapped for WGNX
Syracuse, New York WTVH-TV 5 CBS 1948-93 Granite Broadcasting Granite Broadcasting First television station owned by Meredith; was WHEN-TV until 1976
Pittsburgh, Pennsylvania WPGH 53 Independent 1978-86 Lorimar-Telepictures Sinclair Broadcast Group Now FOX
Bend, Oregon KFXO-LP 39 FOX 1997-2007 News-Press & Gazette Company News-Press & Gazette Company Was a satellite of KPDX until 2002
Chattanooga, Tennessee WFLI-TV 53 The CW 2004-2008 MPS Media MPS Media Licenced to Cleveland, Tennessee
  • WHEN-TV/WTVH was the only television station built and signed-on by Meredith Corporation.

[edit] See also

[edit] External links

Languages