Chip Gaines of HGTV’s “Fixer Upper” took to Twitter on Friday to address rumors that he and wife Joanna are headed toward divorce. The couple is currently working on a spin-off series to their popular show called “Behind the Design,” which is set for 2018. Chip Gaines was recently named in a $1 million lawsuit filed by two former friends who gave up their shares in Magnolia Realty just days before the HGTV show was announced.
NYS Entity Status
NYS Filing Date
MARCH 24, 2014
NYS DOS ID#
18 COLONY ROAD
UPPER BROOKVILLE, NEW YORK, 11545
NYS Entity Type
DOMESTIC LIMITED LIABILITY COMPANY
2014 - MAGNOLIA DESIGN GROUP LLC
AROUND THE WEB
- ‘Fixer Upper’ Star Chip Gaines Knocks Down Divorce Rumors: ‘Won’t Ever Happen’
By Ashley Boucher, provided by
- Saturday Aug 5, 2017
- Women of Sex Tech, Unite
By ANNA NORTH - Friday Aug 18, 2017
New York is becoming a cultural center for young women trying to disrupt the male-dominated industries of design engineering and sex toys.
- IAB Tech Lab Launches Blockchain Working Group
Monday Sep 18, 2017
GroupM, Kochava, MetaX, and Nyiax have become member companies in an IAB Tech Lab working group that launched Monday focused on blockchain and explore ways to use it in digital technology. ShailleySingh leads the group. The working group will initially design ways to educate the industry, set priorities for business use cases and develop standards and best practices.
- The Hunt: A Private Roof Deck on the Upper West Side
By JOYCE COHEN - Thursday Jun 8, 2017
A couple wanted outdoor space, and found it, but at the top of a walk-up building.
- 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 ,
- In the Studio: Oscar de la Renta’s New Designers Have a Hillary Clinton Story to Share
By VANESSA FRIEDMAN - Sunday Sep 10, 2017
And other secrets contained in their office walls.