Meredith is a diversified media firm. The company publishes
magazines, special interest publications, and books. Meredith's
portfolio of more than 20 subscription magazines includes
flagship title Better Homes and Gardens, as well
as Family Circle, Ladies' Home Journal,
Parents, Fitness, and More. The
company is also active in broadcasting with about a
dozen network-affiliated TV stations across the US. Meredith
additionally operates about 50 websites and some 50 mobile apps,
offers integrated marketing services, and has a large consumer
Meredith currently operates through two main business segments.
Its national media group (66% of sales) consists of magazine
publishing, interactive media, integrated marketing, brand
licensing, database-related activities, and other related
operations. Its local media group consists of its TV and radio
stations, related interactive media operations, and video-related
The company reported revenue of $1.59 billion for fiscal 2015.
That was a 9% increase compared to the prior fiscal period. Its net
income was $192.3 million for fiscal 2014. That was an increase of
about 20% compared to the company's fiscal 2014 net income.
Meredith's cash flow from operations remained strong during fiscal