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Actionable news in MDP: MEREDITH CORPORATION,

Prospectuses and communications, business combinations

Filing under Rule 425 under the Securities Act of 1933

and deemed filed pursuant to Rule 14a-12 of the

Securities Ex change Act of 1934

Subject Company: Meredith Corporation

MEREDITH CORPORATION ISSUES RESPONSE TO MEDIA GENERAL ANNOUNCEMENT

Reiterates Position that Meredith-Media General Merger is in Best Interests of All Shareholders

(NYSE:MDP; www.meredith.com ) today issued the following statements in response to a determination made by Media General (NYSE: MEG) to (1) Reject Nexstar Broadcasting Group’s (Nasdaq: NXST) unsolicited proposal to acquire Media General; and (2) Engage in negotiations with Nexstar regarding its non-binding unsolicited proposal:

“Meredith’s Board of Directors still unanimously agrees that the merger agreement reached with Media General as currently structured is in the best interests of shareholders,” said Meredith Chairman and CEO Stephen M. Lacy. “Enhancing Meredith shareholder value will remain our top priority as we move forward in this merger process.”

The new Meredith Media General will be a diversified, multiplatform media company with a strong financial position, unmatched content creation capabilities, deep consumer insights and data, and expansive reach. Its compelling attributes include:

The new Meredith Media General will also be positioned for long-term growth in the media industry:

Meredith Corporation has been committed to service journalism for more than 110 years. Today, Meredith uses multiple distribution platforms - including broadcast television, print, digital, mobile and video - to provide consumers with content they desire and to deliver the messages of its advertising and marketing partners.

Meredith's Local Media Group includes 17 owned or operated television stations reaching 11 percent of U.S. households. Meredith's portfolio is concentrated in large, fast-growing markets, with seven stations

in the nation's Top 25 - including Atlanta, Phoenix, St. Louis and Portland - and 13 in Top 50 markets. Meredith's stations produce approximately 650 hours of local news and entertainment content each week, and operate leading local digital destinations.

Meredith's National Media Group reaches 100 million unduplicated women every month, including 60 percent of American Millennial women. Meredith is the leader in creating and distributing content across platforms in key consumer interest areas such as food, home, parenting and health through well-known brands such as Better Homes and Gardens, Allrecipes, Parents and Shape. Meredith also features robust brand licensing activities, including more than 3,000 SKUs of branded products at 4,000 Walmart stores across the U.S. Meredith Xcelerated Marketing is a leader at developing and delivering custom content and customer relationship marketing programs for many of the world's top brands, including Kraft, Lowe's and NBC Universal.

This communication is for informational purposes only and is neither an offer to purchase, nor a solicitation of an offer to sell, any securities or the solicitation of any vote in any jurisdiction pursuant to the proposed transactions or otherwise, nor shall there be any sale, issuance or transfer of securities in any...


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