It appears that the Meredith shareholders have signed off on allowing the company to split themselves in two with the TV division on one side and the publishing arm on the other.

Word is that Meredith suits wanted to make this move to make them more attractive to buyers.

The thinking is a TV group would not want to buy Meredith’s TV stations and be stuck with a bunch of magazines that no one reads.

This move paves the way for Meredith to break off the two sides and selloff if they are interested in doing so.

Word is that Meredith would have to the fiscal year quarter no. 2 in 2022 before selling the TV side.

In other words, a little less than two years from now.

Stay tuned….