Meredith, one particular of Des Moines’ oldest key companies and main corporate citizens, is set to turn into aspect of media mogul Barry Diller’s IAC/Interactive Corp. Here is a look at the company’s background:
1902
Edwin Thomas Meredith, who operates an agricultural newspaper, establishes the firm in Des Moines to publish Prosperous Farming magazine.
1922-24
Meredith commences publishing Fruit, Backyard and Home magazine, which becomes Better Households and Gardens.
More:Des Moines-based mostly Meredith Corp. offered, to turn into a section of Barry Diller’s IAC
1946
Meredith tends to make its initial general public stock giving.
1948
The corporation buys its first tv station, WHEN-Television set in Syracuse, New York
1965
Meredith is stated on New York Stock Trade as MDP.
1969
Meredith/Burda printing partnership fashioned with the Burda family members of Germany.
1978-1992
Meredith launches a number of publications, including WOOD and Midwest Living and purchases KVVU-Television set in Las Vegas.
1996
Meredith breaks floor on a headquarters expansion at 1615 Locust St. in Des Moines.
1998
Headquarters building is accomplished. Meredith launches MORE magazine and sells its Better Houses and Gardens Authentic Estate Company.
2002
Firm marks it 100th anniversary.
2004
Stephen Lacy is elected president and main working officer.
2005
Acquires Loved ones Circle, Moms and dads, Kid, and Exercise launches Siempre Mujer magazine.
2007
Meredith announces an agreement with Walmart to produce and market Better Residences and Gardens-branded house goods.
2011
Meredith acquires EatingWell and Every Working day with Rachael Ray magazines.
2012
Meredith acquires the FamilyFun brand name, Allrecipes.com and ShopNation. It enters talks with Time Warner about getting Time Inc., but Time Warner in its place spins off the enterprise.
2013
Meredith purchases the Parenting and Babytalk models launches Allrecipes magazine.
2014
Meredith acquires 4 Television set stations, like KMOV-Tv set in St. Louis secures licensing legal rights for Martha Stewart Dwelling Magazine and marthastewart.com and acquires Mywedding.com.
2015
Meredith announces a offer to be ordered by Richmond, Virginia-based mostly Media Basic. Media Basic later pays Meredith to walk away from the deal soon after agreeing to be obtained by Television set giant NexStar Broadcasting Group.
2017
Meredith announces it will purchase Time Inc. for $3.2 billion.
2018
Time Inc. deal is concluded. Meredith begins layoffs and prepares to provide off Time Inc. titles Time, Fortune, Funds and Sporting activities Illustrated while keeping magazines like Folks and Serious Simple that better fit its purchaser way of living aim.
2021
Meredith announces in May it will sell its Tv stations to Gray Television for $2.7 billion. On Oct. 6, it confirms it will be acquired by IAC/Interactive.