What Meredith's Purchase of Time Inc. Means for Magazine Publishing
In this segment of MarketFoolery, host Chris Hill, Million Dollar Portfolio's Jason Moser, and Stock Advisor Canada's Taylor Muckerman consider why Meredith (NYSE: MDP), most notably the publisher of Better Homes and Gardens and Parent, has been itching to ink a deal for Time Inc. (NYSE: TIME), the owner of Time, People, Fortune, and Sports Illustrated, among many others. Consolidation among media properties makes sense from some business perspectives, but is this combination likely to succeed more profitably in a digital world?
A full transcript follows the video.
Source: Fool.com
