The downtime was to last from Oct. 28 to Nov. 11, a company official told The Fort Frances Times last week.
Wednesday, October 31, 2012
Resolute Downtime Removes Pulp from Market
The downtime was to last from Oct. 28 to Nov. 11, a company official told The Fort Frances Times last week.
Trends in Green Packaging
Also:
Consumers will
put a greater value on recyclability and the perceived “greenness” of packaging
in 10 years, the survey found. The public will also increasingly demand proof
of sustainability claims, such as lifecycle analysis data.
Sandy’s Big Impact on Magazines
Sandy’s Big Impact on Magazines and the Media: Instead of delivering his keynote address Monday afternoon at MediaNext, Condé Nast president Bob Sauerberg announced his offices would be closed as a result of Hurricane Sandy, which bore down on the East Coast over the weekend and into Tuesday.; and there was more.
Disney To Buy Lucasfilm, Star Wars Franchise
Disney To Buy Lucasfilm And Star Wars Franchise For $4 Billion:
The Walt Disney Company officially announced that it is acquiring Lucasfilm Ltd, including the legendary Star Wars franchise, in a stock and cash transaction valued at $4.05 billion.
In a statement Disney CEO Robert Iger had said, "this transaction combines a world-class portfolio of content including Star Wars, one of the greatest family entertainment of all time, with Diney's unique and unparalleled creativity accross multiple platforms, businesses, and markets to generate sustained growth and drive significant long-term value."
The deal denotes that Disney will acquire ownership of Lucasfilm Ltd and its current operating businesses in live action film production, consumer products, animation, visual effects, and audio post production, plus the company's portfolio.
The Walt Disney Company officially announced that it is acquiring Lucasfilm Ltd, including the legendary Star Wars franchise, in a stock and cash transaction valued at $4.05 billion.
In a statement Disney CEO Robert Iger had said, "this transaction combines a world-class portfolio of content including Star Wars, one of the greatest family entertainment of all time, with Diney's unique and unparalleled creativity accross multiple platforms, businesses, and markets to generate sustained growth and drive significant long-term value."
The deal denotes that Disney will acquire ownership of Lucasfilm Ltd and its current operating businesses in live action film production, consumer products, animation, visual effects, and audio post production, plus the company's portfolio.
Condé's Townsend: Print Isn't Dying
Condé's Townsend: The Old Days of Magazine Publishing Are Over:
The notion that print is dying is “naive,” Condé Nast CEO Charles Townsend told an audience Friday at the Paley Center for Media in New York City, though the executive stopped short of saying that print could survive on its own as a standalone entity.
“The sensibility that print is cratering is just nuts,” Townsend said. “There’s nothing in the way of growing these businesses, but you can’t do it without a really substantial digital presence. It’s really managing a brand as opposed to a magazine.”
The notion that print is dying is “naive,” Condé Nast CEO Charles Townsend told an audience Friday at the Paley Center for Media in New York City, though the executive stopped short of saying that print could survive on its own as a standalone entity.
“The sensibility that print is cratering is just nuts,” Townsend said. “There’s nothing in the way of growing these businesses, but you can’t do it without a really substantial digital presence. It’s really managing a brand as opposed to a magazine.”
Publishers Seek to Connect Print & Mobile
Looking for a Deeper Connection Between Print and Mobile:
Publishers are driving engagement between the print and digital platforms by linking magazines directly to mobile. Standalone mobile products these days are a given, but publishers are also looking for ways to extend the print experience into new areas of a reader’s life, and mobile devices are the gateway.
Publishers are driving engagement between the print and digital platforms by linking magazines directly to mobile. Standalone mobile products these days are a given, but publishers are also looking for ways to extend the print experience into new areas of a reader’s life, and mobile devices are the gateway.
Men's Magazines Enjoy Big Uptick
Global Consumer Confidence Slowly Improving
A study from The Cambridge Group, a Nielsen company, says a third-quarter index score of 92 grew one point versus the previous quarter. But this shouldn't be seen as a strong recommendation for the near-term.
Publishers Explore Opportunities for New Titles
http://www.nypost.com/p/news/business/dr_oz_might_be_the_rx_for_mag_publisher_sg6FghHvhi2pt4JenAExqN
Pivotal Lowers Ad Forecast, Cites Storm
WSJ Still Top in Circulation, USA TODAY #1 in Print
Canada’s Book Publishers Look Ahead
Canada’s Book Publishers Are Looking Beyond Mere Survival:
Last week was a painful one for book publishing. On Monday, D&M Publishers in Vancouver filed for bankruptcy protection, laying off staff and leaving authors uncertain about their future as the company attempts a reorganization. It was a terrible blow to the industry, and if D&M does go down, this will do great harm to our culture.
Most reports about the D&M situation mention a number of other Canadian publishers who are no more, thanks to bankruptcies or financial reorganizations...That assertion was alarming for two reasons.
The first reason is that it is not true.
Independent publishing in this country is alive vigorous and vital. There are more than 100 active publisher members of the Association of Canadian Publishers...Our strength lies not in the size or the reach of any one publisher, but in the diversity and breadth of the publishers considered as a whole.
The second reason is more worrying.
Last week was a painful one for book publishing. On Monday, D&M Publishers in Vancouver filed for bankruptcy protection, laying off staff and leaving authors uncertain about their future as the company attempts a reorganization. It was a terrible blow to the industry, and if D&M does go down, this will do great harm to our culture.
Most reports about the D&M situation mention a number of other Canadian publishers who are no more, thanks to bankruptcies or financial reorganizations...That assertion was alarming for two reasons.
The first reason is that it is not true.
Independent publishing in this country is alive vigorous and vital. There are more than 100 active publisher members of the Association of Canadian Publishers...Our strength lies not in the size or the reach of any one publisher, but in the diversity and breadth of the publishers considered as a whole.
The second reason is more worrying.
Sappi Awards Two U.S. Printers
Two U.S. Printers Recognized in Sappi International Printers of the Year Awards: Sappi Fine Paper North America celebrates two winners from our region for the widely-renowned 2012 Sappi International Printers of the Year Awards; Fry Communication (Mechanicsburg, PA) for its innovative production of Style.com in the magazine-web category, and Continental Colorcraft (Monterey Park, CA) for the execution of the coffee table exhibition catalog, “Eye for the Sensual,” in the books category.
Bertelsmann’s Print Unit: Be Printers
Bertelsmann’s Print Unit to Do Business as Be Printers: The printing division of Bertelsmann SE & Co., which was founded a few months ago, will operate under the name Be Printers from now on. The international media company had merged most of its worldwide print operations into this unit to achieve improved control and focus.
Tuesday, October 30, 2012
NBSK Pulp Price Up for November
Tembec, Resolute Forest Paper and Canfor are the latest pulp manufacturers to announce an increase in the NBSK pulp price in North America by $20/metric tonne, effective November 1.
Harbor Paper (Former Grays) Restarts
AF&PA Reports Boxboard Production
US boxboard production down 2.1 percent in September
The American Forest & Paper Association has released its September 2012 U.S. Paperboard Report, which said total boxboard production decreased by 2.1 percent compared to September 2011 and decreased 6.9 percent from August 2012.
The American Forest & Paper Association has released its September 2012 U.S. Paperboard Report, which said total boxboard production decreased by 2.1 percent compared to September 2011 and decreased 6.9 percent from August 2012.
Study: 45% of Consumers Prefer Ads in Print
Study Reveals Online Marketing is Falling Short with Consumers: A new study from Adobe finds both consumers and professional marketers believe traditional marketing is still more effective than online marketing.
Respondents say the most preferred place to view an ad is while looking through a favorite print magazine; Digital ads scored only in the single digits.
Respondents say the most preferred place to view an ad is while looking through a favorite print magazine; Digital ads scored only in the single digits.
Favorite print magazine – 45%
Favorite TV show – 34%
Pearson & Bertelsmann Merge Penguin & Random House
The combination
brings together two of the world's leading English language publishers, with
highly complementary skills and strengths. Random House is the leading English
language publisher in the US and the UK, while Penguin is the world's most
famous publishing brand and has a strong presence in fast-growing developing
markets. Both companies have a long history of publishing excellence, and both
have been pioneers in the dramatic industry transformation towards digital
publishing and bookselling.
Vertis Holdings’ Creditors Oppose Auction, Loan Terms
Vertis Holdings’ Creditors Oppose Auction, Loan Terms: Unsecured creditors say Vertis Holdings Inc.’s auction and financing proposals don’t include enough protections to make sure they’re not left holding the bag during the company’s third trip through Chapter 11. The official committee representing Vertis’ unsecured creditors are urging a bankruptcy judge to slow down the sale of Vertis’ print advertising and direct-mail marketing business, which they say is being run for the sole benefit of senior lenders led by General Electric Capital Corp.
Amazon to Collect Arizona Sales Tax
Amazon noted in its latest FEC filing that it's going to start collecting Arizona sales tax on purchases in the state, which currently stands at 6.6 percent.
This change -- which was apparently caught by the Arizona Republic over the weekend -- comes after quite a bit of complaining from state-level authorities about Amazon skirting the sales-tax in Arizona.
Retailers as Ad Networks
Brands repackaging their own audiences for display ads “is very much an emerging space,” said Jay Habegger, co-founder and CEO of ad network OwnerIQ, a retargeting firm that is in talks to work with the majority of the top 25 retailers.
Some Good News for Newspapers
The standout was The New York Times, whose total circulation grew more than 40 percent to 1.6 million. Its digital circulation more than doubled in the past year to 896,352, the result of an aggressive push to grow its paid digital subscription base via its paywall, which went up more than a year ago (though it wasn't enough to cure all its revenue ills [2]). With the increase in digital, the Times’ online daily circulation now tops its print circulation, which comes in at 717,513. The Times’ Sunday circulation also sharply increased, from 27.7 percent to 2.1 million.
Archrival The Wall Street Journal, with a more established paid site, grew its total circ 9.4 percent to 2.3 million as its digital circ surged to 794,594 from 537,469 a year ago.
FT Reports Q3 Earnings
FT Continues Strong Digital Growth in Q3 Earnings:
The Financial Times has more digital subscribers than print and that gap is only growing.
Digital subscriptions increased again in Q3--up 17 percent since January and 26 percent year-over-year--and now account for 313,000 of the 600,000-plus combined subscribers, according to FT ownership group Pearson who released its nine-month interim management statement on Monday. FT reaches an audience of close to 2.1 million daily.
The Financial Times has more digital subscribers than print and that gap is only growing.
Digital subscriptions increased again in Q3--up 17 percent since January and 26 percent year-over-year--and now account for 313,000 of the 600,000-plus combined subscribers, according to FT ownership group Pearson who released its nine-month interim management statement on Monday. FT reaches an audience of close to 2.1 million daily.
Next Issue Media, from Big 5, Enters Next Phase
Next Issue Media Enters Next Phase of On-Demand Model:
Next Issue Media, supported by a joint venture between five of the biggest domestic publishers, is set enter its next phase of growth as it plans a formal marketing push into the holiday season. Internal metrics released by the company recently show it's attracting a significant number of new readers to the consortium's brands. And in the next few weeks, NIM will be adding another round of titles to its catalog, this time from outside the consortium. But don't expect the number of available titles to grow too quickly. While Next Issue Media continues along the path of a premium-priced, on-demand model for magazines, it's doing so for only a small slice of the industry.
Next Issue Media, supported by a joint venture between five of the biggest domestic publishers, is set enter its next phase of growth as it plans a formal marketing push into the holiday season. Internal metrics released by the company recently show it's attracting a significant number of new readers to the consortium's brands. And in the next few weeks, NIM will be adding another round of titles to its catalog, this time from outside the consortium. But don't expect the number of available titles to grow too quickly. While Next Issue Media continues along the path of a premium-priced, on-demand model for magazines, it's doing so for only a small slice of the industry.
Monday, October 29, 2012
AF&PA Reports September P&W Ships
The American Forest & Paper Association has released its
September 2012 Printing-Writing Paper Report.
According to the report, total printing-writing paper shipments
decreased 7 percent in September compared to September 2011.
September shipments of coated mechanical (CM) papers reach
second highest monthly total for the year but are still down year-over-year.
IP Announces Pulp Price Increase
International Paper (IP) informed customers worldwide today
that it will increase fluff pulp prices by $30/tonne, effective November 1
until further notice.
Third Deadline Catalyst Paper’s Elk Falls Sale Passes
Third deadline for sale of Catalyst Paper’s Elk Falls mill seems to have passed without a completed deal:
Catalyst Paper plans to sell its abandoned Elk Falls mill site in British Columbia to Alberta developer Harold Jahn for $8.6 million.
Jahn, owner of Pacifica Deep Sea Terminals Incorporated, plans to transform the 400 acre site into an industrial park and port facility.
However deadlines to complete the deal keep coming and going and it doesn’t seem that the deal has been finalized.
Catalyst Paper plans to sell its abandoned Elk Falls mill site in British Columbia to Alberta developer Harold Jahn for $8.6 million.
Jahn, owner of Pacifica Deep Sea Terminals Incorporated, plans to transform the 400 acre site into an industrial park and port facility.
However deadlines to complete the deal keep coming and going and it doesn’t seem that the deal has been finalized.
Sales Still Up, but Confidence Faltering?
Sales Still Up, but Confidence is Slipping: “Our industry still isn’t gaining any traction,” notes the latest edition of NAPL’s Printing Business Conditions , reporting that sales did rise for the second quarter, but remain down slightly for the first half of 2012; “We’ve been witnessing this up-and-down pattern for two years now.”
The latest report (PDF) indicates that more members of the NAPL Printing Business Panel are seeing pre-tax profitability increase (31.9 percent in August 2012, compared to 24.3 percent in January 2012), but fewer expect business to improve over the next six months.
The latest report (PDF) indicates that more members of the NAPL Printing Business Panel are seeing pre-tax profitability increase (31.9 percent in August 2012, compared to 24.3 percent in January 2012), but fewer expect business to improve over the next six months.
Cenveo Debt Buyback May Foretell Sale
Cenveo Debt Buyback May Augur a Sale: Cenveo Inc. has started buying back its 7.875-percent notes before they mature in 2013 as part of its mission to deleverage the printing and packaging company, which may be headed toward a sale. During Cenveo’s Aug. 9 second-quarter earnings the company’s chairman and CEO, Robert G. Burton Sr., addressed the potential sale of the company. “We’ll decide if we’re going to sell the company, and by the way, we’ve had people knocking on the door for the last several years,” he told listeners.
Standard Register Reports Q3 Loss
Standard Register Reports 2.6M Q3 Loss:Standard Register (SR), a leader in critical communications management solutions, today announced its financial results for the third quarter and first nine months of 2012. The Company reported third-quarter 2012 revenue of $145.7 million and a net loss of $2.6 million or $0.09 per share.
2015 Global Digital/Mobile Revenues $2.5 Billion
SF Drops Yellow Pages Ban After Court Ruling
Free speech? San Francisco was forced to reconsider its Yellow Pages ban after a federal court struck down a similar law in Seattle.
San Francisco’s law banning the delivery of Yellow Pages is being sent to the trash can after a federal court ruled that a similar law enacted in Seattle violated First Amendment protections.
Friday, October 26, 2012
Domtar Investing $30M to Convert Mill
Domtar investing $30M to re-purpose its Marlboro mill toward carbonless base papers as part of supply agreement with Appleton: Domtar Corporation today announced plans to re-purpose its facility in Bennettsville, Marlboro County to align with shifting market demands in the paper industry. The company plans to invest $30 million in the plant over the next year as part of a previously announced long-term supply agreement with Appleton Papers Inc. ("Appleton") of Appleton, Wisconsin.
Boise Cascade Reports Q3 Sales Up
Boise Cascade Reports 22% Increase in Q3 Sales: BOISE, Idaho - Boise Cascade Holdings, L.L.C. (Boise Cascade or Company) announced third quarter 2012 net income of $23.5 million and earnings before interest, taxes, depreciation, and amortization (EBITDA) of $36.8 million. Year-to-date net income and EBITDA results of $40.2 million and $79.6 million, respectively, reflect a significant improvement over a net loss of $32.6 million and EBITDA of $8.9 million reported in the first nine months of 2011. Sales in third quarter 2012 were $764.6
Weyerhaeuser Reports Q3 Financials
Union Protests Sappi Offer
“We're out here today on an informational picket, bringing the issues out to the pubic and the community,” Local 11-63 President Brady Nelson said.
Retiree benefits were the issue at hand for the workers. Nelson said workers rejected Sappi's offer earlier this month.
“The proposal would have split our local right down the middle. They were proposing to take some retiree benefits away from our members that had less than 15 years of service by the end of this year,” Nelson said.
Flambeau River Owes Loan Payments
The Wisconsin Economic Development Corp. has released the names of Flambeau River Papers and Flambeau River Biofuels as owing the largest share in past due loans. Both
companies are headed by politically connected North Woods businessman William
"Butch" Johnson.
Since 2006, the
two companies have received about $16 million in grants and loans from state
taxpayers..WEDC says those
two Flambeau River companies together owe a total of $4 million.
Robb Report Launches Home & Style
http://www.minonline.com/news/21368.html
Magazines continue to follow the money and shoot for the high end in their new launches. Luxury magazine Robb Report is spinning out a new title in the shelter category. Well, to be frank, calling these houses “shelter” is a laughable understatement. The bi-monthly Home & Style title will focus on homes, style, decoration, home products, furnishing at some of the most exclusive locations and the most expensive districts.
Magazines continue to follow the money and shoot for the high end in their new launches. Luxury magazine Robb Report is spinning out a new title in the shelter category. Well, to be frank, calling these houses “shelter” is a laughable understatement. The bi-monthly Home & Style title will focus on homes, style, decoration, home products, furnishing at some of the most exclusive locations and the most expensive districts.
Harper's Relaunches Website
“This redesign is overdue, we realize—a delay not in keeping with what was once a fairly distinguished digital reputation,” associate editor Jeremy Keehn wrote in a blog post last week. “Harper’s was one of the first magazines to build a website, way back in 1996.”
The Walking Dead, The Official Magazine
This 100-page issue features an inside look at the TV show, comics and everything in-between.
Condé Nast, Bonnier, NYT Ready for Microsoft Tablet
Rodale's Best Life Returns
Best Life Returns: Tanned, Rested Digitally Enhanced: Three years after folding (or putting on 'hiatus') its men’s lifestyle title, Rodale brings Best Life back to newsstands this week. Scheduled to stay at retail for the coming quarter, Best Life revives much of the content mix that made it a favorite among many affluent male readers for years: celebrity, style, high end goodies.
Deluxe Reports Growth in Q3
Deluxe Reports 7% Revenue Growth in Q3 2012: Revenue grows 7%: exceeds high end of outlookDiluted EPS of $0.81 grows 14%; adjusted EPS of $0.85 grows 9% - both exceed high end of outlookRaises full-year revenue and EPS outlookDeclares regular quarterly dividend.
Technology Review Relaunches
Technology Review Relaunches With Digital Focus: Technology Review has relaunched itself as MIT Technology Review, completing a digital-first transformation worthy of its cutting-edge namesake.
USPS Offers 6 Money-Saving Promotions
U.S. Postal Service to Offer Six Money-Saving Mailing Promotions in 2013: To help marketers prepare earlier for upcoming mail promotions, the U.S. Postal Service for the first time is publishing a yearly promotions calendar. The “2013 Mailing Services Promotions Calendar” will include six promotions designed to generate continued interest in the various uses and benefits of mobile barcodes in direct mail, as well as provide opportunities for marketers to be more successful with traditional integrated marketing campaigns.
Pearson and Bertelsmann in Talks
Pearson and Bertelsmann in Talks to Combine Random House and Penguin: Pearson, the British media conglomerate, said Thursday that it was in talks to combine its Penguin publishing house with Random House, owned by Bertelsmann of Germany. The combination would create a division with greater scale that could compete in a rapidly evolving eBook market.
Valassis Reports Q3 Results
Valassis’ Cost Cutting Spikes Its Net Earning as Revenues Fall: Valassis announced financial results for the third quarter ended Sept. 30, 2012. Revenues totaled $523.8 million, compared to $528.4 million in the prior year quarter. Its net earnings were $36.7 million, an.an increase of 33.5 percent from $27.5 million in 2011.
U.S. Businesses More Optimistic
Sage study shows U.S. businesses more optimistic than global counterparts: U.S. business owners are less optimistic about the economy than they were six months ago, but they are more optimistic about their own businesses' prospects over the next six months than their global counterparts, according to a survey by software company Sage North America.
Focus On Media’s ‘Great Realignment’
Focus On Media’s ‘Great Realignment’ at the ACT III Conference: Magazine publishers from a broad cross section of the industry spent two days presenting their best practices and innovative ideas for an era of transition during the third annual ACT III conference at the University of Mississippi.
Folio: People On The Move
People On The Move | 10.25.12:
Sports Illustrated has promoted Chris Stone to managing editor. Stone was previously assistant managing editor for the magazine.
Paul Fichtenbaum has been named editor at Time Inc. Sports Group. Fichtenbaum was serving as managing editor at SI.com.
Jennifer Levene Bruno is now publisher and chief revenue officer at Town & Country. Levene was previously publisher and chief revenue officer at VERANDA.
Bloomberg Buisnessweek has tapped Janet Paskin as its assistant managing editor and editor of Businessweek.com. Paskin joins the company from The Wall Street Journal, where she was a digital editor.
Sports Illustrated has promoted Chris Stone to managing editor. Stone was previously assistant managing editor for the magazine.
Paul Fichtenbaum has been named editor at Time Inc. Sports Group. Fichtenbaum was serving as managing editor at SI.com.
Jennifer Levene Bruno is now publisher and chief revenue officer at Town & Country. Levene was previously publisher and chief revenue officer at VERANDA.
Bloomberg Buisnessweek has tapped Janet Paskin as its assistant managing editor and editor of Businessweek.com. Paskin joins the company from The Wall Street Journal, where she was a digital editor.
Thursday, October 25, 2012
Marubeni, Oji & JK Paper in Joint Venture
As already
announced, we ("Oji") had incorporated an Indian subsidiary Oji India
Packaging Pvt Ltd ("Oji India Packaging"), effective June 20, 2012,
for the purpose of starting Corrugated Container Business in India. We are
pleased to announce that the Business Plan for Oji India Packaging has recently
been approved.
It has now been
decided to conduct the business under a Joint Venture to be formed by Oji, JK
Paper Ltd. ("JK"), who is a leading manufacturer of pulp and paper in
India, and Marubeni Corporation in Japan. Three parties have executed a Joint
Venture Agreement effective today.
UPM Reports Q3 Finances
SUMMARY - UPM INTERIM REPORT - SEPTEMBER 2012: UPM'S Cash flow continued to be strong in Q3 in challenging operating environment.
•Earnings per share excluding special items were EUR 0.15 (0.19), and reported EUR 0.06 (-0.21)
•EBITDA was EUR 305 million, 11.8% of sales (331 million, 12.7% of sales)
•EBITDA was affected by temporary production disruptions in Pulp
•Net debt decreased by EUR 246 million to EUR 3,139 million
•Earnings per share excluding special items were EUR 0.15 (0.19), and reported EUR 0.06 (-0.21)
•EBITDA was EUR 305 million, 11.8% of sales (331 million, 12.7% of sales)
•EBITDA was affected by temporary production disruptions in Pulp
•Net debt decreased by EUR 246 million to EUR 3,139 million
International Paper Reports Q3 Earnings
International Paper 3Q 2012 results: operating profit down 6% from year ago to $539 million:
International Paper today reported third quarter 2012 net earnings from continuing operations attributable to common shareholders totaling $223 million , compared with net earnings of $118 million in the second quarter of 2012 and $468 million in the third quarter of 2011.
International Paper today reported third quarter 2012 net earnings from continuing operations attributable to common shareholders totaling $223 million , compared with net earnings of $118 million in the second quarter of 2012 and $468 million in the third quarter of 2011.
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