Meredith Says Digital Ad Revenues Surpass Print

WWD: Meredith, the owner of People and InStyle, said digital advertising in its magazine division outperformed its print component for the first time as it reported better-than-expected results for its fiscal second quarter. The publisher recorded a 22 percent increase in digital advertising revenues to $161.2 million in its national media group in the three months ended Dec. 31 compared to the prior year.