Meredith Corp (NYSE:MDP)
CAPS Rating:
A media and marketing company that is engaged in magazine and book publishing, television broadcasting, integrated marketing, and interactive media.
A media and marketing company that is engaged in magazine and book publishing, television broadcasting, integrated marketing, and interactive media.
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Recs
loosing money with their "Better TV" brand due to labor costs. While their sale of the show to Journal has bolstered their earnings it's only enough to keep them just within the black. As cost continue to rise and ratings continue to sink this gambit may hobble the company