Continued Strong and Growing Contribution From Meredith’s Local Media Group Sample Clauses
Continued strong and growing contribution from Meredith’s Local Media Group •Meredith’s portfolio of 17 high-performing television stations in 12 markets delivered record revenue in fiscal 2018. Additionally, operating profit was a record for a non-political year.•Performance was driven by growth in retransmission revenues, along with the addition of WPCH in Atlanta, and MNI Targeted Media. MNI offers clients targeted advertising solutions aimed at the local and regional levels. Approximately two-thirds of MNI’s revenues are generated from digital marketing campaigns. •Revenues from the Local Media Group’s digital activities more than doubled in fiscal 2018, driven primarily by MNI.•Fiscal 2018 political advertising revenues of $16 million were a record for a non-political year.