MEREDITH VIDEO STUDIOS LAUNCHES “DIGS” CHANNEL ON YOUTUBE Eight Lifestyle Shows to Debut as Part of YouTube’s “Original Channels” Content Initiative NEW YORK, NY (April 2, 2012) – Meredith Corporation (NYSE:MDP; www.meredith.com) announced today that Meredith Video Studios (MVS), its original programming development and production business, has launched DIGS, a lifestyle channel dedicated to home and garden with an attitude, on YouTube. Last fall, YouTube announced the launch of “original channels” approximately one hundred new channels created by YouTube and a variety of partners including MVS, giving content creators a new platform to connect with a diverse global audience of more than 800 million viewers through niche programming. “As a media company with a robust video portfolio and broad reach, we are in a unique position to create original, high quality content that fills an important, and relatively untapped space,” says Paul Karpowicz, President of Meredith Local Media Group. “DIGS is a twist on the content that Meredith is known for; a fresh style of ‘info-tainment’ that we believe consumers will love.” The DIGS channel (www.youtube.com/digs) features eight original series developed and produced by MVS – covering topics from crafting and entertaining to gardening and home improvement – starring talent from the comedy world to the indie music scene. “Lifestyle channels are rapidly growing on YouTube, with a passionate audience looking for the latest trends and inspiration. We’re excited to see more high-quality original programming from top media companies like Meredith coming to YouTube to give this audience even more reasons to keep watching,” said Jamie Byrne, Head of Original Programming, Entertainment, YouTube. Today DIGS launches with short introductory videos and a preview sizzle video, with original episodes rolling out each week. The channel will be supported by a community building and marketing campaign across multiple social platforms, including Facebook, Twitter, Tumblr and others. With a fresh slate of shows about designing and enjoying your space, DIGS brings tongue-incheek to home and garden. The shows are: Extreme Craft Challenge starring Boaz Frankel, Portland native and TV host Everything he knows about crafting, he learned in kindergarten. We visit one of America's hippest cities, Portland, to see what world-class artists can do with pipe cleaners, macaroni, and Elmer's glue. Jordan in the House starring Jordan Reid, lifestyle blogger The Better Show expert, blogger, and new mom Jordan Reid has had enough of Second Avenue subway construction. She's ditching her Manhattan walk-up for her first 'real' home in the burbs. For this domestic diva, it's a blank canvas and her palette of design ideas will blow you away. Gardens of the Rich and Famous starring comedians Emma Tattenbaum-Fine and Ariana Seigel; Shirley Bovshow, garden designer Two starving artists move to Hollywood and end up as the apprentices for a real-life garden designer. Now they have to rake it till they make it. Craft & Burn starring comedian Kim Rosen A craft-addict lets us follow her from therapy to her bathtub. Why a bathtub? Watch and find out. Ready Set Celebrate starring Rachel Bloom and Nicole Shabtai, two sketch comedians with a penchant for parties Parties for every occasion from breaking up with your boyfriend to the ‘sibling rivalry party’. Porcelain Thrones starring singer-songwriter Shaina Taub and friends She's the self-proclaimed queen of singing in the shower. Now, this up-and-coming songwriter is touring the coolest, wackiest and ritziest bathrooms ever designed. Door Knock Design starring designers Leah Ashley and Mary Darling Two twenty-something designers turn their California dreaming into reality, showing up at someone's front door and turning a room upside down in the most fabulous way. No Man’s Land starring interior designer Shelly Lynch-Sparks and her girlfriend, Anna Maltezos, an art director and comedian An interior designer and her comedian girlfriend move into their new digs, determined to make it their own. And no boys are allowed. ABOUT MEREDITH CORPORATION Meredith Corporation (NYSE: MDP; www.meredith.com) is the leading media and marketing company serving American women. Meredith features multiple well-known national brands – including Better Homes and Gardens, Parents, Family Circle, Allrecipes.com, Ladies' Home Journal, Fitness, More, American Baby, EveryDay with Rachael Ray and FamilyFun – along with local television brands in fast-growing markets. Meredith is the industry leader in creating content in key consumer interest areas such as home, family, health and wellness and selfdevelopment. Meredith uses multiple distribution platforms – including print, television, online, mobile, tablets, and video – to give consumers content they desire and to deliver the messages of its advertising and marketing partners. Additionally, Meredith uses its many assets to create powerful custom marketing solutions for many of the nation's top brands and companies. Meredith Xcelerated Marketing has significantly added to its capabilities in recent years through the acquisition of cutting-edge companies in digital, mobile, social, healthcare, database, and international marketing. Most recently, Meredith made a strategic investment in London-based Iris Worldwide, a leader in experiential marketing. A hallmark of Meredith's business model and financial profile is its ability to consistently generate substantial free cash flow by leveraging the strength of its multi-platform portfolio. Meredith is committed to increasing Total Shareholder Return through dividend payments, share repurchases and strategic business investments. Meredith has paid a dividend for 65 straight years and increased its dividend for 19 consecutive years. On October 25, 2011, Meredith announced a 50 percent increase in its annual dividend to $1.53 per share. ### For more information or to preview one of the shows contact: Patrick Taylor, (212) 551-6984, Patrick.Taylor@meredith.com Lauren Burt, (515) 284-3125, Lauren.Burt@meredith.com