Company Overview - Dotdash Meredith has rebranded itself as People Inc., marking a new chapter for the largest digital and print publisher in America [1][2] - The company owns iconic media brands such as PEOPLE, Food & Wine, Travel + Leisure, Allrecipes, Better Homes & Gardens, InStyle, Verywell, Entertainment Weekly, and Southern Living [1][4] Brand Philosophy - The new name, People Inc., reflects the company's commitment to content and experiences created by people for people, aiming to delight, inspire, teach, and entertain [2][4] - The name also leverages the popularity of its flagship title, PEOPLE, which is one of the most beloved media brands in America [2] Leadership Insights - CEO Neil Vogel stated that the previous combined name of Dotdash and Meredith lacked elegance and meaning, and the new name better represents the company's energy, vibrancy, and human legacy [3] - The logo of People Inc. pays homage to the original Time Inc. wordmark, symbolizing the company's historic roots in media [3] Audience Engagement - People Inc. reaches over 175 million people each month, helping them find inspiration, make decisions, and take action [4] - The company operates more than 40 iconic brands, emphasizing its extensive reach and influence in the media landscape [4]

Core Viewpoint - IAC Inc.'s subsidiary Dotdash Meredith Inc. is set to sell $400 million in senior secured notes to refinance existing debt and fund related expenses [1][2]. Group 1: Offering Details - Dotdash Meredith Inc. will issue $400 million of 7.625% senior secured notes due in 2032, with interest at 7.625% per annum, issued at 100% of face value [1]. - The proceeds from the offering will be used alongside a new $700 million term loan B facility and cash on hand to repay the existing $1.18 billion term loan B-1 facility [2]. Group 2: Regulatory Compliance - The offering is targeted at qualified institutional buyers under Rule 144A and non-U.S. persons outside the United States in compliance with Regulation S [3]. - The notes will not be registered under the Securities Act and cannot be sold in the U.S. without registration, except under certain exemptions [3]. Group 3: Company Background - IAC is a company focused on building and acquiring new products and brands, with a portfolio that includes Dotdash Meredith and Care.com, among others [5]. - Dotdash Meredith is recognized as the largest digital and print publisher in America, with over 150 million monthly users and more than 40 iconic brands [6].