Meredith Station Quarterly Revenue Dips 7%
Political spot was the culprit for the drop to $209 million, with non-political spot, digital and retrans all advancing from a year ago.
Meredith Station Quarterly Revenue Up 22%
Meredith reported that its Local Media Group (station group) posted fiscal fourth quarter (ended June 30) revenue of $203.9 million, up 22% from $167.3 million in the same quarter a year ago.
Nielsen, Meredith Renew Local Measurement Deal
Nielsen and Meredith have reached a multiyear renewal agreement for Nielsen Local TV ratings. The agreement includes a range of audience measurement and analytical services across all Meredith’s local stations.
Meredith Accepts Gray’s Revised Offer for TV Stations
Meredith has accepted a revised proposal from Gray to buy Meredith’s television stations for about $2.83 billion, up from the original deal’s $2.7 billion.