InterActive Corp., the digital media company founded by Barry Diller, is in advanced discussions to acquire magazine publisher Meredith Corp. The Wall Street Journal, citing people familiar with th…
were sold in separate transactions after Meredith determined they did not fit with its female-skewing lifestyle holdings.
The sale of Time Inc. punctuated the end of a long run of independence for Time Warner, which merged in 2018 with AT&T after a pitched antitrust battle with the government.has a number of digital outlets like Brides and Serious Eats, but a Meredith deal would onboard dozens more. Some publishers have made a go of print but are turning ever more toward digital, especially given the go-go climate for digital advertising. noted.
An IAC spokesperson said that the company “does not comment on rumors or speculation.” A spokesperson for Meredith Corp. also declined comment.
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