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 database.
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