Verso Completes Tender Offer

http://www.paperage.com/2012news/04_04_2012verso_paper_tender_offer.html

Verso Paper Corp. announced today the completion of the tender offer (the “Tender Offer”) of two of its subsidiaries, Verso Paper Holdings LLC and Verso Paper Inc. (together, the "Issuers") to purchase any and all of the Issuers’ outstanding 11.5% senior secured notes due 2014 (the "Notes").

Catalyst Faces $73.5 Million Shortfall

Catalyst Paper has a $73.5 million deficit in their pension plan:
Catalyst Paper has a $73.5 million shortfall in its pension plan.
Currently, the principal creditors of Catalyst Paper have until April 23 to agree on a restructuring plan. If they can not agree to a restructuring plan, Catalyst Paper will accept an already-negotiated “stalking horse bid” from its secured bondholders to buy the company.

Focus Direct Closing Plant

http://www.mysanantonio.com/business/article/Focus-Direct-to-close-S-A-site-3452920.php

Direct-mail company Focus Direct, part of Market Partners, is closing its San Antonio production facility. Work is being diverted to larger facilities in Iowa and Virginia.

Next Issue Media's New Plan

Next Issue Media Launches Unlimited Digital Mag Access Plan: Next Issue Media has rolled out a new digital newsstand subscription plan and app for tablet magazines that allows customers to pay a flat monthly fee for unlimited access to a collection of, so far, 32 titles from 5 publishers, including Time and Hearst.

Heidelberg Expands Print Offerings

Heidelberg Expands Grand-Format and Cut-Sheet Digital Printing Offerings: Print media service providers today face a dynamic and challenging market characterized by shorter run lengths and customer demand for high-quality, flexible, low-cost solutions.

Publishers' Pinterest Interest

Pinterest: This online pin board is attracting serious attention among publishers as a significant source of traffic and “the next big thing” in social media.