Meredith introduces an updated market positioning and logo that reflect the strength of Meredith's national and local consumer media brands as well as its expanded portfolio of marketing solutions. (PRNewsFoto/Meredith Corporation) (PRNewsfoto/Meredith Corporation)
The majority of Meredith Corp. shareholders approved the $2.8-billion deal of selling the company’s broadcasting division to Gray Television, with Gray taking over Meredith’s 17 local TV stations, including channels in major markets.
The Des Moines-based media company will also complete the sale of its magazine holdings to New York tech conglomerate IAC/Interactive Corp.
With this deal, Meredith will make its magazine division into a separate company, which IAC/Interactive Corp will buy for $2.7 billion and combine Meredith’s division with IAC-owned online publication, Dotdash, to form Dotdash Meredith, with headquarters in New York.
The deal is expected to close on Wednesday.
Read more here.
Crain Communications is seeking a meticulous and analytical data editor to oversee the strategy and…
Financial Times chief economics commentator Martin Wolf writes about a fake "Martin Wolf" that is doling…
We are looking for a Reporter to join ION Analytics’ Paris Bureau covering French M&A…
The New York Times is seeking an editor to help run our coverage of the…
This position will be Hybrid in the office/market 3 days per week, and those days…
MarketWatch.com executive editor Nathan Vardi sent out the following on Friday: All, I am delighted to announce…