Catalyst Paper chairman Leslie Lederer taking over as interim CEO:
Catalyst Paper announced Wednesday that company chairman Leslie Lederer will take over as CEO on an interim basis following the departure of current CEO Kevin Clarke at the end of the month.
Thursday, June 20, 2013
AF&PA Reports April Containerboard, Paperboard, Kraft Paper Ships
Containerboard
production dropped 1.5 percent over March 2013 but rose 4.2 percent over the
same month last year. The month-over-month average daily production
increased 1.8 percent. The containerboard operating rate for April 2013
gained 1.5 points from March 2013, from 92.8 percent to 94.3 percent.
Total boxboard production increased by 1.7 percent compared to April 2012
and increased 2 percent from last month. Unbleached Kraft Boxboard production decreased over the
same month last year but increased compared to last month. Total Solid Bleached
Boxboard & Liner production increased compared to April 2012 and increased
compared to last month. The production of Recycled Boxboard increased compared to April 2012 but
decreased when compared to last month.
http://www.afandpa.org/media/news/2013/05/16/american-forest-paper-association-releases-april-2013-kraft-paper-sector-report
Total
Kraft paper shipments were 133 thousand tons, an increase of less than 1
percent compared to the prior month. Bleached Kraft paper shipments increased
year-over-year 10.3 percent, but the 3.1 percent year-over-year decline in the
larger category of Unbleached Kraft paper shipments was enough to bring overall
Kraft paper shipments down 1.2 percent year-over-year. Total month-end
inventory decreased 7.1 percent to 66.5 thousand tons this month compared to
March 2013 month-end inventories.
Paper Industry Still Strong in Wisconsin
The Wisconsin Economic Development Corp. released a study that claims to
dissect our state's economy. A story in the Journal Sentinel stated that
one major conclusion of the study is that our reliance on manufacturing, and
specifically the paper industry, has led to a slow growth economy in our state
("Wisconsin economy stuck in old-growth industries," Page 1A,
Tuesday).
To have the WEDC suggest that the paper industry is "not strongly positioned in their competitiveness" and "paper manufacturing has been steadily contracting, and we believe that will continue to contract" shows how little policy-makers know about the paper industry and does not jibe with many of the study's conclusions.
To have the WEDC suggest that the paper industry is "not strongly positioned in their competitiveness" and "paper manufacturing has been steadily contracting, and we believe that will continue to contract" shows how little policy-makers know about the paper industry and does not jibe with many of the study's conclusions.
Forest Industry Leaders Meet With Gov. Officials
http://www.afandpa.org/
carbon neutrality of biomass;
reasonable air regulations;
inclusion of paper and wood products in USDA's BioPreferred program;
corporate tax reform;
postal reform;
truck weight increase for federal highways;
maintaining paper options for all Americans;
recognition of multiple credible green building rating systems; and
support for wood in building energy codes.
More
than 50 forest products industry leaders from across the country are on Capitol
Hill today representing the interests of the nearly 900,000 Americans in
talking to Members of Congress about the top priorities for paper and wood
products manufacturers.
The
American Forest & Paper Association (AF&PA) and the American Wood
Council (AWC) are co-hosting the 2013 Forest Products Industry Fly-In, in which
CEOs and senior executives will discuss industry priorities with Congress
including:carbon neutrality of biomass;
reasonable air regulations;
inclusion of paper and wood products in USDA's BioPreferred program;
corporate tax reform;
postal reform;
truck weight increase for federal highways;
maintaining paper options for all Americans;
recognition of multiple credible green building rating systems; and
support for wood in building energy codes.
Gorham Announces Price Increases
To
offset rising raw material and energy costs, Gorham Paper and Tissue announced
today a $50/ton price increase for Packaging and Lightweight printing grades
effective with July 15th shipments.
Since the fall, Gorham has experienced double digit price increases in the areas of pulp, PCW, natural gas and power. The costs increases are too great for the company to offset through productivity improvements and cost savings programs.
Since the fall, Gorham has experienced double digit price increases in the areas of pulp, PCW, natural gas and power. The costs increases are too great for the company to offset through productivity improvements and cost savings programs.
Domtar, First Book Expand Partnership for Literacy
Domtar and First Book Expand Partnership for Literacy: Collaboration to provide 60,000 new books and resources to children in need across the United States and Canada
WASHINGTON, DC - Today, First Book, a nonprofit social enterprise that provides new books to children in need, and Domtar, the Sustainable Paper Company, announced the expansion of their partnership for literacy. The next phase of collaboration will help bring 60,000 brand-new, high-quality books to kids from low-income families across North America.
WASHINGTON, DC - Today, First Book, a nonprofit social enterprise that provides new books to children in need, and Domtar, the Sustainable Paper Company, announced the expansion of their partnership for literacy. The next phase of collaboration will help bring 60,000 brand-new, high-quality books to kids from low-income families across North America.
PIA Comments on Patent Trolling
Printing
Industries of America’s President and CEO Michael Makin issued the following
notice to its membership.
Dear Members:
In recent months, Printing Industries of America has seen an alarming increase in the number of printers who have reported being targeted by law firms alleging they are infringing patents for technologies as ubiquitous in the industry as prepress workflow, computer-to-plate, and Web-to-print.
Dear Members:
In recent months, Printing Industries of America has seen an alarming increase in the number of printers who have reported being targeted by law firms alleging they are infringing patents for technologies as ubiquitous in the industry as prepress workflow, computer-to-plate, and Web-to-print.
News Corp. Split Begins
http://www.adweek.com/news/press/news-corp-split-begins-150513
News Corp.'s publishing spinoff began preliminary trading at a value of $9.1 billion, making it "the biggest U.S. newspaper publisher by market capitalization," according to Bloomberg Businessweek.
The preliminary trading is part of News Corp.'s plan to split its subsidiary businesses into two independent, publicly-traded companies. Shareholders approved the split at a meeting last week and the two entities will officially separate on June 28.
News Corp.'s publishing spinoff began preliminary trading at a value of $9.1 billion, making it "the biggest U.S. newspaper publisher by market capitalization," according to Bloomberg Businessweek.
The preliminary trading is part of News Corp.'s plan to split its subsidiary businesses into two independent, publicly-traded companies. Shareholders approved the split at a meeting last week and the two entities will officially separate on June 28.
SONGS Signs Up Conde Nast
Seeking to carve out a new model for licensing, SONGS Music Publishing
struck a novel deal with Conde Nast Entertainment Partners, which agreed to use
SONGS' catalog as the primary source of music for original online videos
produced for its Glamour, GQ, Vogue and Wired channels on YouTube and
elsewhere.
The nine-year-old boutique publishing company, known for the hands-on career building approach it takes with its 350 songwriters, is taking a similar tack with Conde Nast, promising to provide a high level of service in matching the publisher's videos with music from Diplo, Brian Lee, Nelly, Matt Thiessen and other artists on its roster.
The nine-year-old boutique publishing company, known for the hands-on career building approach it takes with its 350 songwriters, is taking a similar tack with Conde Nast, promising to provide a high level of service in matching the publisher's videos with music from Diplo, Brian Lee, Nelly, Matt Thiessen and other artists on its roster.
Atlantic Follows Esquire with Weekly Digital Issues
As magazines search for new mobile monetization
models from devices, two legendary monthly titles are experimenting with weekly
digital-only versions. Earlier this month Esquire
launched a weekly issue that combines exclusive blog, Q&A material with
repurposed material from both Esquire.com and its ebook projects. And on
Friday, The Atlantic began its own mini-magazine
strategy with a weekly issue for smartphones and tablets also combining ‘best
of’ material from its Web sites and print archive.
Women's Magazines and "Serious Journalism"
Women's
magazines aren't serious. That's the perception that exists anyway. It might be
a matter of what consumers think about them, or maybe it's just how the people
who work at them are judged by their peers in the media. But they're not taken
seriously, and it's not because of their content. It's because our
understanding of what Serious Journalism™ is, who makes it and the historical
reasoning behind why ladymags — tucked aside in a pink ghetto — are often
misunderstood.
There's
been a lot of talk this week about the "seriousness" of women's
magazines, which all started with a cover story from U.K. magazine Port hailing
a "New Golden Age" of print media—one that,
judging by the editors featured on Port's cover, is being led exclusively by
white, middle-aged males. In response, a debate has sprung up about whether women’s
magazines are, in fact, capable of providing "serious journalism."
Elle editor in chief Robbie Myers used her August editor’s letter to explain that yes, in
fact, they are.
MediaPost Mag Bag
Condé Nast has signed a deal with Livefyre to
turn the magazine publisher’s digital properties into social hubs Livefyre’s
StreamHub platform. The high-end publisher will use Livefyre’s platform and
Live applications to boost social activity and engagement for brands including Condé Nast Traveler, Glamour, Golf Digest, GQ, Lucky, The New
Yorker, Teen Vogue and Vanity Fair.
Adobe Announces 100 Million Digital Downloads
Adobe has powered 100 million digital downloads of various kinds of
publications using the Adobe Digital Publishing Suite, the tech company
announced this week, including magazines, newspapers, corporate publications
and apps.
Meredith Rolls Out Augmented Reality App
Meredith Rolls Out Augmented Reality App
Meredith Corp. has unveiled a new augmented reality app, Mom+, that works with
its entire portfolio of Parents Network publications, including Parents, American Baby, FamilyFun and Ser Padres.
Phillips To VP, Publisher Glamour
Connie Anne Phillips has been appointed to the position of vice president and
publisher of Glamour, replacing William
Wackermann, who is moving to the position of executive vice president and
publishing director for Condé Nast Traveler. And more...
Amazon Reacts to Sales Tax Law
Sales tax
legislation strikes again! Amazon.com is terminating its contracts with
affiliates in Minnesota effective June 30, 2013, thanks to a bill passed in
May. The state is home to retail chains Best Buy and Target. In its letter to
Amazon Associates, the marketplace called its decision "a direct result of
the unconstitutional Minnesota state tax collection legislation passed by the
state legislature and signed by Governor Dayton on May 23, 2013, with an
effective date of July 1, 2013."
The Minnesota
bill was made possible thanks to New York legislators. While other states were
trying to figure out how to get ecommerce sites like Amazon to collect sales
tax owed by their residents, New York state came up with a way by arguing
Amazon had nexus in the state because it compensated its New York affiliate
advertisers, who are neither employees nor contractors of the company. That was in 2008, and since then, 11 states have passed such laws, according to the Performance Marketing Association (PMA), which has been fighting against such legislation in Minnesota for the past 4 years. And while Amazon is collecting sales tax in a few of the states where these laws passed, in most such states it has fired its affiliates.
F+W Launches Subscription Video Site
F+W Launches Subscription Video Site: Enthusiast media company F+W Media has just launched a new video subscription site for crafters called Craft Daily. The site is a paid content venture, with a tiered subscription model enabling unlimited views at monthly or yearly terms. A monthly subscription for content across all of the nine crafting categories is $19.99 and yearly is $199, both auto-renew until a user cancels. If a customer only wants a subscription to, say, the beading video content, then the pricing drops slightly to an $11.99 monthly sub and a $119 yearly subscription.
Licensing Deal for Jamie Magazine Fails
North American Licensing Deal for Jamie Magazine Falls Apart:
The magazine brand for celebrity chef Jamie Oliver has hit a major snag with its plans to be licensed for distribution in North America. A partnership between UK-based Jamie magazine and software company idoodle has broken down. A spokesperson for Jamie magazine declined to offer details on why the licensing deal fell apart, but said talks with other potential partners are underway. "We are actively seeking a new relationship," she said.
The magazine brand for celebrity chef Jamie Oliver has hit a major snag with its plans to be licensed for distribution in North America. A partnership between UK-based Jamie magazine and software company idoodle has broken down. A spokesperson for Jamie magazine declined to offer details on why the licensing deal fell apart, but said talks with other potential partners are underway. "We are actively seeking a new relationship," she said.
Folio: People On The Move
People On The Move | 6.20.13:
Sean McManus has been named as the managing director at QuartzLive. McManus was previously director of programmes at The Economist.
Emily Lenzner has joined Atlantic Media to lead the communications team there. Lenzer will be taking over for Linda Douglass. Douglass is reducing her role from senior vice president of global communications to a part-time advisory position at Atlantic Media.
Bonnier Corp. has named Shannon Rudd to general manager, digital business development for its men's group. Rudd had been digital business director at Parenting Group.
Chin was formerly a senior marketing executive with EA SPORTS and Nike.
SpinMedia has named Michael Wann as chief revenue officer. Wann ppreviously had business development roles for Amazon.com and MSNBC.com.
Brian Powley has been promoted to global president of iCrossing. Powley has been with iCrossing since 2007 and was serving as president of North America.
Palm Beach Illustrated has named Randie Dalia as publisher. She had been associate group publisher there.
Connie Anne Phillips has been named vice president and publisher of Glamour. She was previously publisher at In Style. Condé Nast also appointed William Wackermann as executive vice president and publishing director of Condé Nast Traveler. He had been Glamour's publishing executive.
Gail Scott has been named publisher at Pinecrest Magazine. She has previously been account director at Tribune 365.
Sean McManus has been named as the managing director at QuartzLive. McManus was previously director of programmes at The Economist.
Emily Lenzner has joined Atlantic Media to lead the communications team there. Lenzer will be taking over for Linda Douglass. Douglass is reducing her role from senior vice president of global communications to a part-time advisory position at Atlantic Media.
Bonnier Corp. has named Shannon Rudd to general manager, digital business development for its men's group. Rudd had been digital business director at Parenting Group.
Chin was formerly a senior marketing executive with EA SPORTS and Nike.
SpinMedia has named Michael Wann as chief revenue officer. Wann ppreviously had business development roles for Amazon.com and MSNBC.com.
Brian Powley has been promoted to global president of iCrossing. Powley has been with iCrossing since 2007 and was serving as president of North America.
Palm Beach Illustrated has named Randie Dalia as publisher. She had been associate group publisher there.
Connie Anne Phillips has been named vice president and publisher of Glamour. She was previously publisher at In Style. Condé Nast also appointed William Wackermann as executive vice president and publishing director of Condé Nast Traveler. He had been Glamour's publishing executive.
Gail Scott has been named publisher at Pinecrest Magazine. She has previously been account director at Tribune 365.
Kodak Seeks Approval for $406 Million Rights Offering
Kodak Seeks Approval for $406 Million Rights Offering, including Backstop Equity Commitment from Creditors: Eastman Kodak Company today announced that, subject to Court approval, key creditors have agreed to backstop a $406 million rights offering for common stock in the company upon its emergence from Chapter 11. Kodak expects to use the proceeds of the rights offering to fund distributions under Kodak’s revised Plan of Reorganization, including the repayment of its second lien creditors, who will no longer receive equity in the Plan.
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