Meredith Corporation (NYSE:MDP) could easily be classified as misunderstood. Think Better Homes and Gardens. Most people jump immediately to the thought that it's simply a magazine publishing company. Of course, there are questions around the future of publishing paper - newspapers, magazines, books. The internet, electronic distribution and smart devices have made all that archaic, right? To truly understand Meredith means to broaden your initial thought beyond the magazine rack.
Meredith is a media company. It is, indeed, lumped in with and compared to companies in the publishing industry. But Meredith is much more. Meredith is a content creator. And, remember, content is "king." Meredith distributes content in multiple ways - through print, television and video, online, mobile...
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