Meredith Corporation
| Meredith Corporation
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|---|---|
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| legal form | Corporation |
| ISIN | US5894331017 |
| founding | 1902 |
| Seat | Des Moines , United States |
| management | Steve Lacy |
| Number of employees | 3,600 (2016) |
| sales | 1.6 billion US dollars (2016) |
| Branch | media |
| Website | www.meredith.com |
The Meredith Corporation is a US-based media company from Des Moines , Iowa . The company is listed in the S&P 500 share index.
Meredith owns a variety of radio and television stations across the United States. Furthermore, Meredith is the editor of various newspapers and magazines. Meredith employs around 3,600 people (as of 2016).
Company history
The company was founded in 1902 by Edwin Meredith when he published Successful Farming magazine . In 1922 Meredith published Fruit, Garden and Home magazine , which was renamed Better Homes and Gardens in 1924 . Since that time, Meredith has introduced several other magazines. In 1986 the magazine Ladies' Home Journal was acquired and in 2005 the women's magazine portfolio was taken over by Gruner + Jahr .
On November 26, 2017 Meredith announced an agreement to acquire Time Inc. known. The transaction, financially supported by the Koch Equity Development fund of the brothers Charles G. Koch and David H. Koch , was completed at the end of January 2018. In September 2018, the sale of Time magazine to Marc Benioff and his wife for $ 190 million was announced.
Television sector
Meredith owns 15 television stations and one radio station. The only radio station is WNEM (AM) in Saginaw , Michigan , a sister television station of WNEM-TV in Saginaw.
Television stations
Current television stations owned by Meredith
| Currently | market | station | Channel (DT) | Current cooperation | Acquired in the year | Remarks |
| 9 | Atlanta | WGCL TV | 46 (19) | CBS | 1998 | Was WGNX until 2000 |
| 13 | Phoenix | KPHO TV | 5 (17) | CBS | 1952 | Was CBS 1952-55, Independent 1955-95 |
| 23 | Portland | KPTV | 12 (30) | FOX | 2002 | Was UPN until 2002 |
| KPDX | 49 (48) | MyNetworkTV | 1997 | Was Fox until 2002, UPN until September 2006 | ||
| 28 | Hartford | WFSB | 3 (33) | CBS | 1997 | |
| 30th | Nashville | WSMV-TV | 4 (10) | NBC | 1994 | |
| 31 | Kansas City | KCTV | 5 (24) | CBS | 1953 | Was KCMO-TV until 1983 |
| KSMO | 62 (47) | MyNetworkTV | 2005 | Was WB until September 2006 | ||
| 36 | Greenville, SC - Asheville | WHNS | 21 (57) | FOX | 1997 | |
| 43 | Las Vegas , Nevada | KVVU | 5 (9) | FOX | 1985 | Licensed to Henderson |
| 66 | Saginaw, Michigan | WNEM-TV | 5 (22) |
CBS ; MyNetworkTV on DT2 |
1969 | Was NBC until 1995 |
| 86 | Chattanooga | WFLI-TV | 53 (42) | The CW | 2004 | Licensed to Cleveland |
| 109 | Springfield | WSHM-LP | 67 | CBS | 2004 | Operation with WFSB
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| 194 | Bend | KFXO-LP | 39 | FOX | 1997 | Was a satellite on KPDX until 2002 (sold to News-Press & Gazette Company , [2] ) |
| 194 | Bend, Oregon | KUBN-LP | 50 | MyNetworkTV | 2006 | Partial satellite on KPDX |
Former TV stations owned by Meredith
| market | station | channel | collaboration | Property of Meredith | Sold to | Current owner | Remarks |
| Fresno | KSEE | 24 | NBC | 1984-93 | Granite broadcasting | Granite broadcasting | |
| Orlando | WOFL | 35 | FOX | 1983-2002 | FOX O&O | FOX O&O | |
| WCPX | 6th | CBS | 1997 | Post Newsweek | Post Newsweek | now WKMG | |
| Gainesville | WOGX | 51 | FOX | 1996-2002 | FOX O&O | FOX O&O | Semi-satellite from WOFL |
| Omaha | WOW TV | 6th | NBC ; CBS | 1949-75 | Chronicle Broadcasting | Gray Television | Now WOWT |
| Seattle | KCPQ | 13 | FOX | 1998-99 | Tribune Broadcasting | Tribune Broadcasting | |
| Syracuse | WTVH-TV | 5 | CBS | 1948-93 | Granite broadcasting | Granite broadcasting | First television station owned by Meredith; was WHEN-TV until 1976 |
| Pittsburgh | WPGH | 53 | Independently | 1978-86 | Lorimar Telepictures | Sinclair Broadcast Group | Now FOX |