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:
Edwin Thomas Meredith, who operates an agricultural newspaper, establishes the firm in Des Moines to publish Prosperous Farming magazine.
Meredith commences publishing Fruit, Backyard and Home magazine, which becomes Better Households and Gardens.
Meredith tends to make its initial general public stock giving.
The corporation buys its first tv station, WHEN-Television set in Syracuse, New York
Meredith is stated on New York Stock Trade as MDP.
Meredith/Burda printing partnership fashioned with the Burda family members of Germany.
Meredith launches a number of publications, including WOOD and Midwest Living and purchases KVVU-Television set in Las Vegas.
Meredith breaks floor on a headquarters expansion at 1615 Locust St. in Des Moines.
Headquarters building is accomplished. Meredith launches MORE magazine and sells its Better Houses and Gardens Authentic Estate Company.
Firm marks it 100th anniversary.
Stephen Lacy is elected president and main working officer.
Acquires Loved ones Circle, Moms and dads, Kid, and Exercise launches Siempre Mujer magazine.
Meredith announces an agreement with Walmart to produce and market Better Residences and Gardens-branded house goods.
Meredith acquires EatingWell and Every Working day with Rachael Ray magazines.
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.
Meredith purchases the Parenting and Babytalk models launches Allrecipes magazine.
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.
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.
Meredith announces it will purchase Time Inc. for $3.2 billion.
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.
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.