Cycling, boxing and running studios, as well as some full-service gyms, are using sophisticated lighting systems to heighten the exercise experience.
NYS Entity Status
NYS Filing Date
APRIL 12, 2013
NYS DOS ID#
11440 COUNTY ROUTE 14
MEREDITH, NEW YORK, 13753
NYS Entity Type
DOMESTIC LIMITED LIABILITY COMPANY
2013 - HIGH COUNTRY, LLC
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- Meredith Digital Ad Rev Gains Offset Print Declines
Monday Jul 31, 2017
Meredith Corporation’s totaladvertising revenue grew 2% to $934 million across the company in the fiscal 2017 year, according to its latest earnings report.
Unlike most companies, Meredith’s fiscal yearruns from July 1 to June 30, meaning its fiscal 2017 fourth quarter and full year ended June 30. Its fiscal 2018 year started July 1.
Total company revenues grew 4% to$1.7 billion for fiscal 2017.
"We delivered record revenue and profit in fiscal 2017, as we continue to aggressively execute our multiplatform growth strategies, including rapidexpansion of our highly profitable digital activities," stated Meredith chairman and CEO Stephen M. Lacy.
Meredith’s Corp.’s total digital advertising revenueacross the company grew 20%.
Meredith Corp. is broken out into two major divisions: the Local Media Group, with includes 17 television stations, and the National Media Group, whichcontains the magazines and reaches more than 110 million American women every month, including over 70% of U.S. millennial women.
National Media Group’s digital advertisingincreased more than 20% and represented over 30% of its total advertising in its fiscal 2017 year, offsetting declines in print advertising, according to Meredith president and COO Tom Harty.
This growth was “led by highly profitable native, engagement-based video and programmatic advertising, along with shopper marketing,” according to the company. Total advertising revenues for the National Media Group were not as impressive as Meredith's overall ad revenue. It made $520 million in fiscal 2017, down 1%, but up slightly when excludingMore and Siempre Mujer magazines, which Meredith shuttered by fiscal 2017. That means it did not have its ad and circulation revenues. (Siempre Mujer still livesonline.)
In 2017, Meredith launchedThe Magnolia Journal, a quarterly lifestyle magazine produced in collaboration with Joanna and Chip Gaines, the stars of the HGTV show “Fixer Upper.” It is thepublisher’s strongest-selling newsstand title and is currently selling more than 900,000 copies of each issue.
"We expanded our audience across media platforms and launched newproducts to strengthen our competitive position with Millennial consumers and advertisers wanting to reach them," stated Harty.
Harty added Meredith generated a record $63 million ofpolitical advertising revenues in fiscal 2017, likely helped by the presidential election in the fall of last year.
Traffic across Meredith's digital properties averaged 86 millionmonthly unique visitors, an increase of 8% compared to the previous year.Circulation revenues were $322 million, down 2%, but flat when excluding More and ,
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New York is becoming a cultural center for young women trying to disrupt the male-dominated industries of design engineering and sex toys.
- The Top 10 Moments of New York Fashion Week
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Highlights from the shows, including a celebrity-packed front row at Calvin Klein and a trek to Bedford Hills, N.Y., to see Ralph Lauren’s vintage cars.
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Friday Sep 15, 2017
In a slowing luxury real estate market, developers are investing in amenities to attract buyers. Explore Soori High Line, where more than half of the units come with private, saltwater pools.