| Business Summary | | Meredith
Corporation
has
two
business
segments:
publishing
and
broadcasting.
The
publishing
segment
includes
magazine
and
book
publishing,
integrated
marketing,
interactive
media,
brand
licensing,
and
other
related
operations.
Prior
to
fiscal
1999,
the
publishing
segment
also
included
the
residential
real
estate
franchising
operations
that
were
sold
effective
July
1998.
The
broadcasting
segment
includes
the
operations
of
12
network-affiliated
television
stations
and
syndicated
television
program
marketing
and
development.
Virtually
all
of
the
Company's
revenues
are
generated
and
assets
reside
within
the
United
States. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Meredith
Corporation
is
a
diversified
media
company
involved
in
magazine
and
book
publishing,
television
broadcasting,
brand
licensing,
and
integrated
marketing
programs.
For
the
nine
months
ended
3/31/01,
total
revenues
decreased
4%
to
$783.2
million.
Net
income
fell
13%
to
$59.4
million.
Revenues
reflect
decreased
advertising
revenues
and
lower
broadcasting
and
publishing
revenues.
Earnings
also
reflect
increased
investments
in
interactive
media
operations. Recent Earnings Announcement For
the
3
months
ended
06/30/2001,
revenues
were
1,053,213;
after
tax
earnings
were
71,272. (Preliminary; reported in thousands of dollars.) | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| William Kerr, 59 Chairman,
CEO | $1.5M | Stephen Lacy, 46 Pres
- Interactive and Integrated Marketing Group | 699K | Christopher Little, 59 Pres,
Publishing Group | 1.0M | Bobbie Halfin Managing
Director Interactive Media Sales | -- | Suku Radia, 49 VP,
CFO | -- | Dollar amounts are as of 30-June-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|