Publisher Meredith Posts $19.3 Million Fiscal Q2 Profit
More good news today from publishers. Earlier, it was reported that the New York Times Company posted a 45% increase in profit for their Q4 and now Meredith is posted 69% increase for their most recent quarter.
Meredith publishes 16 magazine titles, including Better Homes and Gardens and Ladies' Home Journal, and about 150 special interest publications. The company also owns 11 television stations, most in the nation's top 25 markets, and has an extensive Internet presence.
We'll take all the good news we can get these days.