Meredith (NYSE:MDP)

< Wall Street Stock Research + Main Street Common Sense >

SWOT analysis + WACC discount rate + Investing Indicators + Discounted Cash Flow (DCF) Analysis + Enterprise Value Multiples + Investment News + Warren Buffett Intrinsic Value


diggdel.icio.usFurl
rating: 0+x

(stock rating depends on your input)

Investor Survey (discuss, help)

(4 + stars = Buy; 2 - stars = Sell)

Business Simple to Understand?
------------------
Dominant Industry Leader?
------------------
Management Pay = Financial Results?
Company Possess Barriers to Entry? (swot)
------------------
Strengths greater than Weaknesses? (swot)
------------------
Opportunities greater than Threats? (swot)

SWOT Summary (view, help)

Weakness: Newspaper Business (0)

Threat: Cyclical Industry (0)

"Buy" Indicators (news, help)

Insider Buying (enter symbol)
Share Buybacks (see news)
Takeover Speculation (see news)
Analyst Upgrades (enter symbol)
General Gloom and Doom (news)

"Sell" Indicators (news, help)

Insider Selling (enter symbol)
Executive Turnover (enter symbol)
High Analyst Ratings (enter symbol)
General Euphoria (news)
Corp. Governance & Pay (enter symbol)

Competitors

Financial Highlights

Meredith Corporation operates as a media and marketing company in the United States. It engages in magazine and book publishing, television broadcasting, integrated marketing, and interactive media businesses. The company operates in two segments, Publishing and Broadcasting. The Publishing segment publishes and markets magazines to the home and family market. It publishes 25 subscription magazines, including Better Homes and Gardens, Ladies' Home Journal, Family Circle, Parents, American Baby, Fitness, and More. This segment also publishes books with approximately 400 books in print; offers integrated promotional, database management, relationship, and direct marketing capabilities for corporate customers; publishes approximately 200 special interest publications under approximately 80 titles; offers magazines through the Internet; and provides content and applications in areas of decorating, food, gardening, home improvement, and remodeling through its bhg.com Web site. In addition, it engages in integrated marketing, brand licensing relationships, and other related operations. The Broadcasting segment operates 14 network-affiliated television stations and 1 AM radio station. The television stations consist of six CBS affiliates, four FOX affiliates, two WB affiliates, one NBC affiliate, and one UPN affiliate. It also operates 14 Web sites. In addition, this segment involves in video production and its video library includes a series of 30 minute shows based on magazine content; additional video segments carrying the American Baby and Better Homes brands; custom DVDs; and news vignettes. Meredith Corporation was founded in 1902 and is headquartered in Des Moines, Iowa.

mdp-1.jpg

Meredith Corporation NYSE: MDP 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.

Broadcast Holdings

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

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 CBS 1952 Was CBS 1952-55, Independent 1955-95
22 Portland, Oregon KPTV 12 (30) FOX 2002 Was UPN until 2002
22 Portland, Oregon KPDX 49 (48) MyNetworkTV 1997 Was Fox until 2002, UPN until September 2006
29 Nashville, Tennessee WSMV-TV 4 (10) NBC 1994
30 Hartford, Connecticut WFSB 3 (33) CBS 1997
31 Kansas City, Missouri KCTV 5 (24) CBS 1953 Was KCMO-TV until 1983
31 Kansas City, Missouri KSMO-TV 62 (47) MyNetworkTV 2005 Was WB until September 2006
36 Greenville, SC-Asheville, NC WHNS WHNS 21 (57) FOX 1997
42 Las Vegas, Nevada KVVU 5 (9) FOX 1985 Licenced to Henderson, Nevada

SWOT Analysis (help)

SWOT Instructions: Create a title for your content. Add information in the page provided. Improve existing content. Click on the links and find the edit button. Rank content by importance, quality, structure, and relevance.


Strength (helpful to business - internal origin)

Weakness (harmful to business / internal origin)

Newspaper Business (Votes:0) The decline of newspaper and…


Opportunity(helpful to business - external origin)

Threat (harmful to business - external origin)

Cyclical Industry (Votes:0) Cyclical industry performance…

Financial News Summary

Meredith: A Publishing Industry Contrarian Play 1231045936|%e %b %Y, %H:%M %Z|agohover

Better Homes and Gardens Mattress Line Debuts in February 1230659854|%e %b %Y, %H:%M %Z|agohover

Wiley Inks Deal with Meredith 1228247442|%e %b %Y, %H:%M %Z|agohover

Meredith Corp. Invests in Publisher Real Girls Media 1227212045|%e %b %Y, %H:%M %Z|agohover

Meredith Takes Stake in Social Network 1227121560|%e %b %Y, %H:%M %Z|agohover



Important Links

About Us, Disclaimer, Contact
Investing Blog, Twitter
Forum: Feedback / Comments
Financial Dictionary
Site Map / Help, FAQ

Wall Street Stock Research

Analysis Assumptions
Discounted Cash Flow (DCF) Analysis
Enterprise Value Multiples Analysis
Warren Buffett Intrinsic Valuation
WACC Discount Rate Analysis

Main Street Common Sense

Analysis Assumptions
SWOT Analysis
Investment Questions
Investment Indicators

DISCLAIMER, WIKIWEALTH DOES NOT TAKE RESPONSIBILITY FOR YOUR INVESTMENT ACTIONS NOR SHALL WIKIWEALTH HAVE ANY LIABILITY CONTINGENT OR OTHERWISE FOR THE ACCURACY, COMPLETENESS, TIMELINESS, OR CORRECT SEQUENCING OF ANY INFORMATION PROVIDED BY WIKIWEALTH OR FOR ANY DECISION MADE OR ACTION TAKEN BY YOU IN RELIANCE UPON SUCH INFORMATION OR WIKIWEALTH. WIKIWEALTH IS FOR THE FAIR DISTRIBUTION OF PUBLICLY AVAILABLE INVESTMENT INFORMATION. RESEARCH OPINIONS FOUND ON WIKIWEALTH ARE PROVIDED BY AND BASED ON PUBLIC PERCEPTION. WIKIWEALTH DOES NOT PROVIDE ANY RESEARCH OPINIONS. See Full Disclaimer

Comments

Add your comment

Add a new comment
page_revision: 28, last_edited: 1228005995|%e %b %Y, %H:%M %Z (%O ago)
Unless stated otherwise Content of this page is licensed under Creative Commons Attribution-ShareAlike 3.0 License