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Meredith Corporation Company Snapshot
Meredith Corporation is a media and marketing services company. The Company operates two business segments: national media and local media. Its national media segment includes national consumer media brands delivered through multiple media platforms, including print magazines, digital and mobile media, brand licensing activities, database-related activities, affinity marketing, and business-to-business marketing products and services. Its local media segment consists of approximately 17 television stations located across the United States. Local media's digital presence includes approximately 12 websites and 12 application focused on news, sports, and weather-related information. In addition, the local media segment sells geographically and demographically advertising programs to third parties.

Sales Analysis. Meredith reported sales of $2.85 billion for the fiscal year ending June of 2020. This represents a decrease of 10.7% versus 2019, when the company's sales were $3.19 billion. Contributing to the drop in overall sales was the 10.9% decline in Local Media, from $863.80 million to $769.30 million. There were also decreases in sales in National Media (down 10.5% to $2.08 billion) .
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Meredith Corporation
  Stock Performance Chart for Meredith Corporation
  Stock Data: Recent Stock Performance:
  Current Price (1/8/2021): 19.84
(Figures in U.S. Dollars)
1 Week 3.3%   13 Weeks 1.4%  
4 Weeks 54.3%   52 Weeks -38.3%  
Meredith Corporation Key Data:
  Ticker: MDP Country: United States
  Exchanges: NYSE FRA Major Industry: Media
    Sub Industry: Periodicals
  2020 Sales 2,848,600,000
(Year Ending Jan 2021).
Employees: 5,370
  Currency: U.S. Dollars Market Cap: 902,720,000
  Fiscal Yr Ends: June Shares Outstanding: 45,500,000
  Share Type: Common Closely Held Shares: 5,443,665
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