MEREDITH REPORT: Record Second Quarter Revenue

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Last week Meredith Corp. announced job cuts and this week it’s reporting record revenue.

The Des Moines-based publisher says the total company revenues rose ten percent to $361 million for the second quarter.

The company says it also saw increases in advertising revenues due to several new companies it recently acquired including AllRecipes.com.

Just last Friday the company announced it was cutting 60 jobs company-wide. Seven of those positions are at the Des Moines office.

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