Thursday, September 12, 2013

Stora Enso/Arauco Delays JV Pulp Mill Start

http://www.paperage.com/2013news/09_12_2013stora_enso_arauco_pulp_mill_uruguay.html
Stora Enso said that its 50/50 joint-venture pulp mill project with Arauco — Montes del Plata at Punta Pereira, in the department of Colonia, Uruguay — which was scheduled to begin the start-up process at the end of September, is experiencing a delay."The mill site is 92% complete and the commissioning of certain areas has already begun. However, the main technology contractors have informed Montes del Plata that they will not be able to complete the work according to the agreed timetable," Stora Enso said.

D&B Names CEO & More People on the Move

http://www.foliomag.com/2013/bob-carrigan-named-ceo-dun-bradstreet#.UjIkHLyYyKw
Dun & Bradstreet Corp., the business data and marketing and risk management services provider, has selected Bob Carrigan as its new president, CEO and director. The appointment comes a month after Carrigan announced he was stepping down as CEO of IDG Communications Worldwide.
http://ipdahome.org/newsstand/?cat=296

New Newsweek owner IBT Media has hired Jim Impoco as its new editor-in-chief. Impoco was enterprise editor and executive editor at Thomas Reuters Digital (and previously worked at Conde Nast Portfolio, NY Times and Fortune).
Bloomberg
http://adage.com/article/media/tina-brown-leaving-daily-beast/244105/
Barry Diller's IAC/InterActiveCorp and Daily Beast Editor in Chief Tina Brown will not renew her contract after it expires in January and plan to part ways, people familiar with the matter confirmedon Wednesday. The news was first reported by BuzzFeed.
Ms. Brown plans to start her own company, Tina Brown Live Media, once she leaves The Daily Beast, one of the people said.      
http://www.foliomag.com/2013/people-move-9-12-13#.UjIj57yYyKw
Folio: People on the Move
Town&Country announced two new hires: Jennifer Orr as executive director, integrated marketing, and Marisa Stubin as executive fashion director, advertising. Orr was promoted to the full-time post after recently joining the publication as a marketing consultant. Stubin leaves Glamour where she served as American fashion and retail director.
Sandow added two new positions to its executive team, on-boarding Erica Holborn as chief strategy officer and Timothy J. Kelliher as executive vice president, Sales. Holborn spent 16 years working up the ranks at TrialGraphix and has been president and CEO since 2002. Previous to the hiring, Kelliher spent five years at Williams Lea as senior vice president. And more...

Cenveo Acquisition of National Envelope Approved

http://whattheythink.com/news/65356-national-envelope-gains-court-approval-sale-cenveo/
National Envelope (“National” or the “Company”) is pleased to announce the US Bankruptcy Court for the District of Delaware approved the sale of the Company’s assets in a court hearing this afternoon.  In conjunction with Hilco Receivables (acquiring substantially all the accounts receivable) and Southern Paper (purchasing the inventory) Cenveo has acquired substantially all of the assets of National Envelope.  The parties expect the sale to formally close on Monday, September 16th, 2013.

Interview with Forbes Media CRO

http://www.foliomag.com/2013/online-advertising-post-banner-ad-world#.UjIipLyYyKw
The changing banner ad market has brought about the rise of a new breed of digital advertising. Here, Mark Howard, chief revenue officer at Forbes Media and speaker at FOLIO:’s MediaNext event, October 28 to 30 in New York, talks about native advertising solutions, building audience engagement and leveraging sponsorships into direct sales.

Transcontinental Reports Q3 Results

http://www.piworld.com/article/transcontinentals-adjusted-operating-income-increases-for-4th-consecutive-quarter/1
Transcontinental's third-quarter revenues decreased from $517.0 million in 2012 to $493.8 million in 2013, mainly due to the end of the contract to print and distribute Zellers flyers after its store closures. Other factors were the change in the format and type of paper used by some of its major customers, difficult market conditions affecting its magazine, book and catalogue printing business, and a soft advertising market which continued to impact its Media Sector, particularly with respect to local markets. The decrease was partially offset by new printing contracts, higher volume in educational book publishing and the acquisitions of Modulo and Redux Media, among others.

New Time CEO's Meets with Top Exec.s

http://adage.com/article/media/time-s-executive-suite-ideas-die/244111/
New Time Inc. CEO Joe Ripp told roughly 300 employees at a town hall-style meeting Wednesday that the company's executive suite has been a place "where ideas go to die," according to staffers who were present. 
"If I have my way I'm going to close that damn thing down," Mr. Ripp said, addressing an audience of managers and executives. 
The company, the publisher of magazines such as People and Sports Illustrated, is keenly looking to
Mr. Ripp for clues to its uncertain future. Parent company Time Warner plans to spin Time Inc. off into an independent company early next year, and Mr. Ripp last week became the third Time Inc. CEO in three years.
http://www.adweek.com/news/press/ripp-rallies-time-inc-troops-first-management-meeting-152376
'We're not a magazine company, we're a media company'
Incoming Time Inc. CEO Joe Ripp rallied the troops at his first meeting for top execs, saying they need to be empowered and work efficiently for the company to succeed once it spins off from Time Warner.
“We can’t really consider ourselves a magazine company anymore,” he said at the quarterly management meeting, according to people present. “We’re a media company. If you’re People magazine, your competition is Facebook, Twitter.”
There were no big announcements, but Ripp fielded questions from Fortune managing editor Andy Serwer, then the audience, on a range of topics from acquisitions, compensation and church-state issues.