Condé Nast Traveler will launch in the Middle East in the next 12 months, said Jonathan Newhouse, chairman and chief executive of Condé Nast International. It will be the first Condé Nast brand available in the Middle Eastern market. Published under license agreement with Arab Publishing Partners (APP), a division of the ITP Group, the Gulf region’s largest consumer and business magazine publisher, it will be the eighth edition of Traveller available globally. "Following the recent launch of the magazine in China, it's a natural step for the number one travel title to enter the Middle East," Newhouse said in a statement Wednesday. Ali Akawi, managing director of APP & ITP Consumer, said: "Travel is an important part of the lives of people in the Gulf, whether for leisure or business. Testament to this is the fact we have three of the world’s leading airlines based here, and an abundance of international, five-star hotels.""The readers of Condé Nast Traveler are discerning, affluent and cultured. They expect a superior, memorable travel experience, and we look forward to showing them how and where they can receive this, both globally and within this region." Condé Nast Traveler currently has seven editions globally, with an international readership of over 1.1 million a month.
Thursday, May 16, 2013
Bertelsmann Records Significant Profit In Q1
Bertelsmann recorded a positive business performance in the first three months of the year, increasing both its operating result and net profit to record levels. With consolidated revenues from continuing operations stable at €3.63 billion (previous year: €3.66 billion), first-quarter operating EBIT increased from €279 million in the previous year to €303 million in Q1/2013. The international media company thus achieved a return on sales of 8.3 percent (previous year: 7.6 percent). Net income improved by 43 percent to €207 million (previous year: €145 million). The increase in earnings was driven by increased profitability in almost all the core businesses, and gains from the acquisition of full ownership in the music rights company BMG, which was completed at the end of March. Thomas Rabe, Chairman and CEO of Bertelsmann, said: “Bertelsmann made a successful start to the year. In a challenging market environment, our businesses again expanded their high profitability over the past few months. The results are at record levels. We also began the year with significant strides in implementing our growth strategy. In recent weeks, we have strengthened two growth platforms with the acquisition of full ownership in BMG and the takeover of the financial services provider Gothia. We are also confident that we will complete the combination of our book publishing group Random House with Penguin early in the second half of the year – since February, we have received important regulatory approvals in the U.S., Europe and other markets. These three transactions will result in considerable overall growth for Bertelsmann in 2013.”
Ahlstrom-Price Increases For Specialty Papers
Ahlstrom announces price increases for specialty papers worldwide: Ahlstrom, a global high performance fiber-based materials company, announces price increases on its specialty paper materials produced by the Label and Processing business. The price increases will be made to compensate for the continued high cost of raw materials and energy. The price increases will affect all Label and Processing products worldwide and will be effective for all shipments made as of July 1, 2013. The increase will up to 7% and the amount and timing will depend on the markets served, the product and the agreements in place. Specific details will be discussed with each customer individually in the near future. Products manufactured by Ahlstrom's Label and Processing business include graphic, packaging, processing, release and label papers.
Successful Start For KBA At China Print
A Successful Start for KBA at China Print: China Print 2013 opened its doors in Beijing on 14 May. As a world leader in the printing industry, KBA is presenting a raft of presses on its 1050m² stand under the banner sprinting ahead. With a record-size stand at the trade show, KBA underscores the importance of the Chinese market and China Print as a key show for the printing industry this year. As the leader in offset packaging printing, KBA unveiled the new large-format Rapida 145 for the first time to the Chinese market in Beijing.
China Ends Anti-Dumping Probe-U.S.Ivory Cardboard
China's Ministry of Commerce on
Thursday ended an anti-dumping investigation into coated ivory cardboard
imported from the United States. The ministry canceled the probe at the request of Chinese
domestic paper manufacturers, including Ningbo Zhonghua Paper Co., Ningbo Asia
Pulp and Paper Co., Ltd., MCC Meili Paper Industry Co. and Shandong Chenming
Paper Group Co., the ministry said in an announcement. Those companies filed for the anti-dumping investigation
into U.S. coated ivory board makers in October 2011 and requested an end to the
probe on April 2, 2013. Coated ivory cardboard is mainly used in the production of
clothing tags, postcards and packaging for cigarettes, medicine, cosmetics and
other products.
Hearst Launches Digital Cross-Country Sales Div
http://www.adweek.com/news/advertising-branding/hearst-launches-digital-cross-country-sales-division-149544
In the magazine business, buying and selling ads across
international editions has always presented its challenges. Most ad buying is
done locally, and magazines often aren't set up to execute cross-title buys.
Then there's the difficulty of coordinating across time zones. It's enough of a
hassle, in fact, that most advertisers don’t even attempt cross-country buys.
Yet demand for such deals is on the rise as brands try to reach consumers
globally while cutting their expenses. With the launch of a new division, Totally Global Media,
Hearst is hoping to solve many of those problems and bring efficiency to buying
and ad production, at least on the digital side. TGM, as it's being called,
will give brands a way to advertise across all Hearst Magazines' digital brands
worldwide, as well as licensees and related companies (such as Groupe Marie
Claire, which already partners with Hearst on French Cosmopolitan but will now
offer access to its entire women’s and men’s digital networks through TGM). The
division, with offices in New York and London, will reach 200 million monthly
unique visitors. "Before now, if an advertiser wanted to buy across
every edition of Cosmo, there was no way to do it," said Gina Garrubbo,
svp of Hearst Magazines International and now the svp of TGM. "There is a
need [for this type of service] in the marketplace and a number of clients who
want to buy multi-country from one source."
Wired Mag Launching New Video Series
http://www.usatoday.com/story/tech/2013/05/15/wired-magazine-video-series/2160937/
Wired the magazine is expanding into Wired the channel. The techno-trend periodical, launched 20 years ago, has
three new series that go live today on Wired's video channel and on YouTube:The Window: an inside look at "extraordinary
construction projects, factories, labs and landmarks seen through the eyes of
people who work there." Angry Nerd: features Wired's Chris Baker and his tech-crazed
nerdish rants. Game/Life: Wired video game gurus Chris Kohler, Peter Rubin
and Chris Baker talk about games and industry news. More series, like the others sponsored by Microsoft Surface,
Windows Phone and Windows 8, are in the works including the outlet's first
scripted series Codefellas about the NSA, animated by Richard Linklater Studios
and starring John Hodgman (The Daily Show) and ReWired: The Documentary about
the magazine's redesign. This is not the first video endeavor for Conde Nast
Entertainment. About two months ago, it launched a new video series connected
to magazines Glamour, GQ and Vogue.
Chicago Tribune News Attract Suitors, 'Noise'
http://www.chicagotribune.com/business/breaking/chi-tribune-company-20130515,0,1793743.story
Seeking to tamp down “noise” over the possible sale of its
newspapers, Tribune Co. CEO Peter Liguori sent an email to employees Wednesday
calling speculation about a transaction premature.“A sale transaction is only one of our possible strategic
options, and there are many others,” Liguori said. Some 40 parties have
expressed interest in acquiring some or all of Tribune Co.’s newspapers,
according to sources close to the situation. The Chicago-based media company
hired investment bankers in February to manage inquiries for its eight daily
newspapers, including the Chicago Tribune and Los Angeles Times. The company is soon
expected to grant would-be buyers access to a “data room,” a secure Web site
containing detailed financial information about the company. Few suitors have
said publicly they are interested in exploring a potential purchase. One party that has
not confirmed interest is garnering nearly all of the attention: Koch
Industries, a Kansas-based energy and
manufacturing conglomerate headed by politically conservative brothers Charles
and David Koch. Their reported interest has generated backlash from unions,
political leaders and liberal advocacy groups. Several hundred
protesters demonstrated Tuesday outside the Los Angeles offices of Tribune
Co.’s largest shareholder, investment firm Oaktree Capital Management, which
owns about 23 percent of the media company. The protesters, which included
union workers, were seeking to dissuade Bruce Karsh, chairman of Tribune Co.
and president of Oaktree, from selling to Koch Industries, which they
characterized as anti-union.
PRIMIR-New Study On Printing Ind
PRIMIR Publishes New Study on Impact of Integrated Marketing on the Printing Industry: PRIMIR, the Print Industries Market Information and Research Organization, at NPES today announced that its latest study, "Impact of Integrated Marketing on the Printing Industry," has been released. The research, conducted by InfoTrends, provided exclusively to PRIMIR members, identifies marketing trends in integrating various media into marketing campaigns and discusses print's role in integrated marketing. The research report also identifies the key vertical markets where integrated marketing plays an essential role for promotion. The research report provides real-world insights into the ability of printers to transform themselves into providers and drivers of integrated marketing. It also outlines how manufacturers of equipment, software, consumables and supplies can provide support to their printer customer base. According to the PRIMIR study, integrated marketing spend in 2011 was $15 billion in the top five vertical markets: automotive, retail, food and beverage, financial services, and healthcare. Based on projected growth at an average of 11% CAGR, integrated marketing spend will reach $25 billion in 2016. The fastest growing market—financial services—is projected to increase at approximately 18% CAGR over the five-year timespan.
Commercial Printing Demographics
Latest Commercial Printing Demographics Show 1,200 Fewer Establishments (Dr. Joe):The Commerce Department recently released the latest edition of County Business Patterns data about the number of US business establishments in 2011. Those data indicated that commercial printing establishments declined -4.1% compared to 2010. The biggest percentage declines were in establishments with 500 to 999 employees (between about $90 million to $200 million in sales), which fell by -11.5%, and establishments with 10 to 19 employees (about $1.5 million to $3.5 million) which fell -6.7%. The reason for the declines are numerous, from outright closure, and also acquisition or merger. Establishments can shift sizes, of course. Usually, troubled printing establishments don’t die without a protracted downward spiral. They decrease in size over time, and then, even after production stops, they still may have a few employees on the books to handle final administrative tasks like final tax returns and official dissolution.
All Eyes On Native Advertising
Social networks, news sites, digital content aggregators and
streaming media services are rife with ads that are integrated into the content
experience. According to a new eMarketer report, “Native Advertising: An
Emerging Consensus for a New Kind of Ad,” these so-called “native ads” are
providing new ways for marketers to reach target audiences and new avenues of
monetization for content sites that are under intense revenue pressure. Although business prospects for native advertising are
positive, the medium has its detractors. Some media executives and marketers
are wary of the blurring of lines between content and advertising that occurs
with native ads, particularly in the context of news sites. Others question the
return on investment of these ads, arguing that native ads cannot scale for
multiple placements. And there is still the question of defining native
advertising. Most perceive native ads as purchased ads that mimic content in
the venues in which they appear. They are more entertaining and less interruptive than traditional ads, and hopefully popular enough to get shares. Common examples of native ads include Facebook Sponsored
Stories, Twitter Promoted Tweets, branded videos and other ads that appear in
the content streams of media sites such as Forbes.com and BuzzFeed.
Evening Sun Will Shift to 3-Day Printing
Digital First
Media today announced The Evening Sun in Hanover, Pa., will shift to a
three-day print schedule in 2014 and will continue to provide 7-day coverage of
the region on its website -- www.EveningSun.com -- as well as on its mobile and
tablet applications. "The Evening Sun is a vital part of our community. Our
commitment to a digitally focused future -- including our recent investment in
new equipment for our staff and the upcoming redesign of our website -- is part
of our strategy to ensure we continue to reach our audience and our customers.
The number of people we reach continues to grow through our digital
products," said Sara Glines, President of MediaOnePa and Publisher of the
Hanover Evening Sun. While the shift in printing schedule will take effect
January 1, 2014, the days of the week that the Evening Sun will print have not
been finalized. "We are going to use the time we have to work with our
readers and our advertisers to determine the days that make the most sense to
meet the needs of our community. It is important that our community has a voice
in this process," said Ms. Glines. Evening Sun subscribers who have paid past January 1 will
have their subscriptions extended to an adjusted renewal date that takes into
account the new print schedule. Newspaper prices in stores and vending boxes
will remain unchanged. Newspapers published on the three-day print schedule will
include more pages per edition. Prior to the print schedule changes, The
Evening Sun will also launch a new look. The redesigned newspaper will provide
a full week's worth of our puzzles, comics and television listings.
The Perpetual Passion for Paper
The Perpetual Passion for Paper: As routine communications have become largely electronic, paper’s role as a mark of status has only grown. Can an exclusively electronic diploma, passport, or military commission document even be imagined? Will the bride’s family announce a wedding with advertising-supported Evites, and will the photographer supply only digital files recording the event? The more important the gesture, the more imperative a handwritten note, in part precisely because people find handwriting more difficult now. Even a commercially produced card signals that the sender has taken the trouble to visit a shop, select the proper design, find a stamp, address it, and mail it. One recent European experiment showed that even for a high-technology job announcement, many more potential applicants replied to postcards than to email announcements. And America’s continued printing of one-dollar bills signals support for the U.S. note as a reserve currency. (At the other end of the range, the $3 billion in hundred-dollar bills printed last year are used mainly overseas.) In periodical publications, the web-only option often makes sense, but the e-book is far from taking the place of print. A printing signals the strength of a publisher’s belief in a book and its willingness to take a risk. Editors and reviewers increasingly rely on electronic proofs, but books issued only electronically are seldom reviewed in major media — web or print — and bought by surprisingly few libraries, at least in my experience
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