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United States

Meredith Corp (MDP.N)

MDP.N on New York Stock Exchange

51.43USD
14 Jun 2019
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Tue, May 28 2019

Meredith sells Sports Illustrated to Authentic Brands to further digital push

Media company Meredith Corp said on Monday it has agreed to sell Sports Illustrated to U.S-based entertainment company Authentic Brands Group LLC for $110 million, as it looks to scale its digital media business. | Video

Meredith sells Sports Illustrated to Authentic Brands to further digital push

May 27 Media company Meredith Corp said on Monday it has agreed to sell Sports Illustrated to U.S-based entertainment company Authentic Brands Group LLC for $110 million, as it looks to scale its digital media business.

Meredith to explore sale of its U.S. broadcast stations: sources

Meredith Corp, best known for its lifestyle magazines such as "Better Homes and Gardens", is preparing to explore a sale of its portfolio of local U.S. broadcast stations as it looks to streamline its business, people familiar with the matter said.

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