October 31, 2016

Last week media company Meredith Corp. (NYSE: MDP), owner of brands like Family Circle, Better Homes and Gardens and Martha Stewart Living, posted record financials for the first quarter of their fiscal year 2017, ended September 30, 2016. Total company revenues for the period were $400 million, a 4 percent increase year-over-year. Total advertising revenues were $226 million, a 3 percent increase year-over year. The company credits political advertising and digital ad growth for its success.