Pacific West Bid $33 Million for Port Hawkesbury

http://thechronicleherald.ca/business/115364-bc-firm-bid-33m-for-newpage

Pacific West Commercial Corp. is poised to pay $33 million to buy an idled Cape Breton paper mill.

The British Columbia forestry firm, an affiliate of Stern Partners Inc., emerged as the top bidder for the embattled NewPage Port Hawkesbury paper mill in January.

The offer price had been kept under wraps until the mill’s chief restructuring officer filed an affidavit with Nova Scotia Supreme Court on Friday.

In order to approve the sale, NewPage has put forward a motion for an order approving a meeting of the mill’s creditors.

In order to ensure there is enough time for the sales process, NewPage has also put forward a motion for an order granting an extension of the mill’s creditor protection status.

Possible State Aid for Verso's Sartell

http://www.sctimes.com/article/20120708/NEWS01/307080028/Dayton-hints-aid-Verso-Paper-mill

Gov. Mark Dayton's office has voiced interest in providing state aid in response to the Verso mill explosion as the governor prepares to convene a special legislative session to respond to floods in the Duluth area.

TwoSides Announces Iniative

www.twosides.us/#page=Latest-5

Two Sides today announced a nationwide initiative to assist major U.S. companies in developing and implementing best practices related to environmental marketing claims for print and paper. According to Two Sides research on 94 leading companies, 50 percent of them are using unsubstantiated environmental claims to encourage consumers to switch to lower-cost electronic billing and services.

Weyerhaeuser Supports American Tree Farm System®

Weyerhaeuser Establishes Procurement Preference for American Tree Farm System®-Certified Wood: Weyerhaeuser Company today announced its preference for purchasing wood that is certified under the American Tree Farm System®.
"Weyerhaeuser's announcement is just what certified Tree Farmers have been waiting for," said Tom Martin, president and CEO of the American Forest Foundation.
Weyerhaeuser's corporate sustainability goals include demonstrating forest stewardship by certifying its timberlands to sustainable forestry standards. All the timberlands Weyerhaeuser owns or manages in North America are certified to the Sustainable Forestry Initiative system.

Fiber Costs Down 11-15% in Europe

Wood Fiber Costs for the European Pulp Industry have fallen from the Record Highs of 2011: (USA) Wood costs for many European pulp mills have fallen the past six months as the pulp market has weakened. In the Nordic countries, pulplog and wood chip prices have fallen 11-15 percent from last spring.

Martha Stewart Living Omnimedia Names CEO

Lisa Gersh Elevated to Martha Stewart Living Omnimedia CEO: This morning, Martha Stewart Living Omnimedia president and COO (since May 2011) Lisa Gersh was promoted to CEO. One highlight from Gersh's 14-month tenure was her November 2011 hire of Joe Lagani as MSLO chief revenue officer. (Two months later, Lagani named Peter Medwid publisher of the Martha Stewart Living flagship.) Another was the 10-year "strategic alliance" with J.C. Penney that will take effect in Feb. 2013.

Q2 Ad Pages Fell -8.5%

http://www.mediapost.com/publications/article/178352/magazine-ad-pages-take-another-hit.html

Spring brought no relief for consumer magazines, with total ad pages declining 8.5% from 44,795 in the second quarter of 2011 to 40,969 in the second quarter of 2012, according to the Publishers Information Bureau. Total advertising revenues, based on official rate cards, slipped 3.2% from $5.7 billion to $5.5 billion.

BuzzMedia Buys Spin

BuzzMedia Buys Spin: BuzzMedia, a digital network of pop culture, entertainment and music sites, has acquired music magazine Spin. BuzzMedia will integrate Spin's digital assets, but the fate of its print magazine, while presently viewed as valuable by CEO Tyler Goldman, is unclear in the long term.

Brentwood Acquires Majority Stake in Sundance

http://www.thewrap.com/media/print/47001

Private equity firm Brentwood Associates has acquired a majority stake in Sundance Catalog and plans to scale the luxury retailer, long overshadowed by its sister resort and festival, into an e-commerce powerhouse, the investment firm told TheWrap.

The move came as Los Angeles-based Brentwood sold off stock in some of its niche brands -- French equestrian shoemaker Ariat International and clothier Filson Holdings -- to purchase what partner Eric Reiter called "a gem."

Selling shareholders, including ACI Capital and Webster Capital, will retain a minority ownership stake and president and CEO Matey Erdos, along with his team, will remain.

fullbeauty Mails Catalogue

http://www.prlog.org/11919400-fullbeauty-designs-and-launches-its-first-plus-size-lingerie-catalog.html

fullbeauty, a revolutionary plus size lingerie brand that is part of Redcats USA’s OneStopPlus Group, announced today the mailing of its first 72-page catalog. The fullbeauty catalog will be the largest lingerie catalog produced by OneStopPlus Group, a division of Redcats USA.

Time Publisher Kim Kelleher Leaves

http://adage.com/article/media/time-magazine-publisher-kelleher-jumps-media/235929/

Kim Kelleher is leaving her post as worldwide publisher of Time magazine to become president of Say Media, the blog network that includes sites such as XOJane, Gardenista, ReadWriteWeb, Style Bubble and Techdirt, Ad Age has learned.

Time magazine, part of Time Inc., and Say Media, where Ms. Kelleher succeeds Troy Young, confirmed the move Tuesday. Time plans to look at internal and external candidates to succeed Ms. Kelleher. Mr. Young is leaving Say Media.

Barnes & Noble CFO Leaves

http://online.wsj.com/article/SB10001424052970204618704576645352277177930.html

Barnes & Noble Inc. BKS +1.20% Chief Financial Officer Joseph Lombardi resigned abruptly Friday, opening a hole in the bookseller's executive ranks at a critical time. He will be succeeded on an interim basis by Allen Lindstrom, the 45-year old corporate controller. Barnes & Noble said an executive search is now underway.

Hearst, Time, Meredith & Condé Nast Offer Digital Storefront

http://adage.com/article/media/netflix-magazines-ipad/235930/

Major publishers' Netflix-like service for magazines has arrived on the iPad, putting the industry in a position to finally find out whether an all-you-can-read digital offering will help win new readers and encourage overall consumption.

Next Issue Media is a joint venture of Time Inc., Conde Nast, Hearst, Meredith and News Corp., formed in December 2009 to build a digital storefront for print. The members of the venture now hope that a Netflx-style plan will help find new readers and encourage overall magazine consumption.

In-App Ads Will Reach $7.1 Billion by 2015

In-app advertising set to hit $7.1 billion by 2015: In-app advertising will total $2.4 billion this year, and $7.1 billion by 2015, driven by greater use of rich media, according to mobile marketing analysis company Juniper Research. North America and Western Europe will account for 60% of total advertising spending by 2017.

Goss International Names CEO

Goss International Corporation appoints new CEO: Goss International Corporation (“Goss”) announced a restructuring of management. The Board has appointed Mr. Richard Nichols as CEO of the Company, effective immediately, replacing Mr. Jochen Meissner.

Taylor Buys Venture Solutions

Taylor Corp. Acquires Financial Services Communications Firm: Taylor Corp. has reached agreement to acquire Venture Encoding of Fort Worth, TX. Venture will be merged with Corporate Graphics Direct Marketing Solutions, a Taylor affiliate based in Arden Hills, MN, with the new company carrying the name Venture Solutions Inc.

Redwood Investments Buys CSP

Hanley and Wood Reunite Via CSP Information Group Acquisition:
Redwood Investments bought CSP Information Group last week, a b-to-b media company that targets the convenience store and restaurant markets. The portfolio includes four magazines and associated newsletters, websites and events. The deal was brokered by Berkery Noyes, which represented Redwood.

MFSA Changes Name

MFSA Members Approve Name Change to Assn. of Marketing Service Providers: The Mailing & Fulfillment Service Assn. (MFSA), the national trade association for the mailing and fulfillment industry with more than 480 members,  announced during its Annual Conference that the member companies...voted...to change the official name of the association to the Assn. of Marketing Service Providers.

Going Green Joins with Two Sides

Going Green Two Sides Fast Fact #14 (Going Green):

WhatTheyThink’s Going Green has joined forces with Two Sides to help address the “perceptions” that paper destroys forests, that electronic media are “greener” than print and paper, and that recycling is the solution to all environmental ills. 
A study on forestry certification programs (SFI and FSC, that is) published in the March 2012 issue of the Journal of Forestry found that “forest certification prompted substantial changes in practices.