Tuesday, May 29, 2012

California Senate Passes Textbook Bill


A bill that would require textbook publishers to make the same content available to California school districts in digital format has passed unanimously in the state Senate.

Cabela's New Avenues for Customer Engagement


http://www.retailonlineintegration.com/article/cabela-s-leverages-social-promotion-drive-customer-engagement-418921/1 

Cabela's, a cross-channel retailer of hunting, fishing and outdoor gear, launched a Facebook promotion in March around its TV show "Ultimate Adventures" and its Outdoor Adventures travel program. The promotion was designed to drive customer engagement.

 

Magazine Publishers; Print Still Important


Although magazine publishers have embraced mobile platforms, the web is still not all that important, executives at Conde Nast and Meredith Corp. indicated on stage at a paidContent conference.
Instead, both publishers showed a desire to adhere to legacy business models, i.e. packaging content in print (and print-like) monthly editions supported largely by advertising, and supplemented by low-cost monthly subscriptions and single-copy newsstand sales. “We see websites as gateway into the brand,” said Bob Sauberg, president of Conde Nast.
“Consumers still prefer print, so we aim for print-like digital products.” 

Popular Science Offers Bridge Between Print & Digital

Popular Science Enlists Augmented Reality To Bridge Printed Page, Digital World:
Augmented reality makes printed pages interactive
The latest issue of Popular Science harnesses augmented reality to integrate the printed page with the digital world with the assistance of a new mobile app.

Houghton Mifflin Harcourt Takes Steps to Reorganize

Houghton Mifflin Harcourt moves to reorganize after bankruptcy: In its original bankruptcy filing the Boston publisher listed $2.68bn in assets and $3.53bn in debt. Among its leading unsecured creditors are Chicago-based RR Donnelley and Williams Lea, who are each owed more than $20m.

Containerboard as Advertising Vehicle

White is the new brown in corrugated: Transformed from being purely a transit pack material, containerboard is making big steps forward in being able to reinforce a brand's position in the marketplace. The cause of this transition is the growth of white liners - mainly driven from the growing trend for high impact corrugated packaging in the retail ready or shelf ready market areas

Friday, May 25, 2012

April Recovered Paper Consumption Declines

US recovered paper consumption decreased in April
According to the American Forest & Paper Association's April 2012 U.S. Recovered Fiber Monthly Report, total U.S. industry consumption of recovered paper in April was 2.48 million tons, 4% lower than March 2012. Year-to-date consumption in 2012 is 3% lower than during the same period last year.
U.S. exports of recovered paper increased 7% in March compared to February, with increases mainly seen in Mixed and Corrugated. Year-to-date exports of recovered paper in 2012 are 3% higher than during the same period in 2011.

Facebook Ads Rarely Viewed

83% Rarely or Never Click on Facebook Ads: An AP-CNBC poll finds 83% of U.S. adult Facebook users hardly ever or never click on online ads or sponsored content when using Facebook.

Source Interlink Finds New Ways to Relaunch Hot Rod

Source Interlink Uses Face-to-Face Events to Promote Hot Rod Re-Launch: Hot Rod magazine will not only be transformed for its re-launch across print, online and social mediums —its publisher, Source Interlink, plans to also take the brand straight to consumers as part of a seven-city U.S. tour to promote the new identity of Hot Rod magazine.

USPS Announces Closure Plans


The USPS plans to close 140 processing facilities over the next few years. The first phase will begin in the period of July to August 2012, and will involve 48 facilities. The USPS plans to halt any facility closures during the busy mailing season of September through December 2012. The consolidations will resume in January 2013 for an additional 92 locations. The second phase of the project will take place in January 2014 for an additional 89 facilities, unless circumstances change in the interim.

Inkjet Printing to Double by 2017

http://www.smitherspira.com/inkjet-printing-market-is-forecast-to-reach-67-3-billion-by-2017.aspx
The inkjet printing market is valued at $33.4 billion in 2011 and forecast to grow to $67.3 billion in 2017, according to Smithers Pira, the worldwide authority on the packaging, print and paper supply chains. According to their new study, The Future of Inkjet Printing to 2017: Global Market Forecasts, inkjet is growing because it provides significant advantages across many supply chains

NAA Asks PRC to Reject USPS/Valassis Deal

NAA Calls for Rejection of the Proposed ‘Sweetheart Deal’ the USPS Offered Valassis: The Newspaper Association of America called for the U.S. Postal Regulatory Commission to reject a proposed negotiated services agreement (NSA) between the U.S. Postal Service and direct-mail giant Valassis, saying this special rate proposal will cause significant financial harm to newspapers throughout the country, and will not improve the financial condition of the nation’s postal system.

Thursday, May 24, 2012

Retail Catalogs Survive; and Thrive


Online spending may be increasing, but the venerable catalog is doing anything but fading away. In fact, it is still an important part of business for retailers.

“It’s basically a marketing tool,” said retail analyst Eric Beder, a managing director at Brean Murray, Carret & Co. “The beauty of a catalog is that you don’t have to go online to see it, so you can use it anywhere.”
More than 12.5 billion catalogs were mailed out to homes in the U.S. last year, according to the Direct Marketing Association, the largest global association for the marketing community.  And there are still those who use the catalog for what it was originally intended for: More than 89.6 million Americans bought an item from a catalog last year. 
A couple of years ago, some retailers decided to cut back on publishing catalogs in order to save money. That move proved to be a hard lesson in the power of the catalog, said Ken Ebeling, senior vice president of membership at the Direct Marketing Association.
“Sales plummeted,” he said. “They realized if they don’t keep their catalogs out there, their e-commerce will decline.”
In fact, some businesses that have never published catalogs before have decided now they want in.

Catalyst Paper Plan Not Approved

Catalyst Paper restructuring plan not approved by creditors: Catalyst Paper Corporation announced that the company did not receive the necessary creditor approval for its amended plan of arrangement under the Companies’ Creditors Arrangement Act.

Hearst and Meebo Announce Partnership

Hearst and Meebo Establish Digital Partnership: The consumer Internet company Meebo, producers of The Meebo Bar, is partnering with Hearst Digital Media. The Meebo Bar will be rolled out across 13 of Hearst’s digital brands in June, and participating brands include: Cosmopolitan, Country Living, ELLE Décor, Esquire, Good Housekeeping, House Beautiful, Popular Mechanics, REDBOOK, Seventeen, Veranda, MisQuincemag.com, TheDailyGreen.com and Woman’s Day.

Condé Nast Launches New Title

http://www.adweek.com/print/140739

Fairchild Fashion Media, the Condé Nast division responsible for publishing Women’s Wear Daily, is relaunching men’s fashion title M as a quarterly magazine beginning this fall. The original M, which launched in 1983, was helmed by Jane Lane and, later, by onetime Adweek editor Clay Felker. M shuttered in 1992, a casualty of the recession at the time.

People on the Move

People on the Move | 5.24.12: Martha Stewart will now serve as non-executive chairman of Martha Stewart Living Omnimedia and other changes in publishing industry jobs.

Unknowns of App Advertising

The State of App Advertising: In the heyday of print advertising, the rules seemed simpler. Competition from television, radio, and other forms advertising was a factor, but each medium was distinct—with its own attributes, value propositions, and measurements. The Web changed all that. Along with the suicidal dilemma of free editorial content, the Web brought in a whole new (and volatile) system of measuring success.

NRF Annouces Tax Campaign


NRF launched a 60-day effort to convince Congress to take action on what they call sales tax fairness; " As retailers are all-too-well aware, online merchants are not required to collect sales tax on the majority of their sales..."

HP Annouces Job Cuts, Q2 Results

HP to Cut 27,000 Jobs: HP today outlined plans for a multi-year productivity initiative designed to simplify business processes, advance innovation and deliver better results for customers, employees and shareholders.The restructuring is expected to generate annualized savings in the range of $3.0 to $3.5 billion exiting fiscal year 2014, of which the majority will be reinvested back into the company.
HP today announced financial results for its second fiscal quarter ended April 30, 2012. For the quarter, net revenue of $30.7 billion was down 3% year over year both as reported and when adjusted for the effects of currency.

Wednesday, May 23, 2012

AbitibiBowater Makes Name Change Official

Resolute Forest Products is AbitibiBowater’s new official name:
At AbitibiBowater‘s annual general meeting today, stockholders have approved renaming the company to “Resolute Forest Products” effective tomorrow – May 24, 2012.
As part of this change, stockholders also agreed to change the company’s common stock ticker symbol from ABH to RFP on both the New York Stock Exchange and the Toronto Stock Exchange, also effective May 24, 2012.

Resolute Seeks Repurchase of 10% of Shares

Resolute Forest Products wants to repurchase shares:
AbitibiBowater Inc., doing business as Resolute Forest Products, has announced that its Board of Directors has authorized the repurchase of up to 10% of the company’s common stock for an aggregate purchase price of up to US$100 million. The repurchase program will be funded using the company’s available cash.

Catalyst Paper Meeting with Creditors

Catalyst Paper creditors meeting today:
The meeting of Catalyst Paper‘s secured and unsecured creditors is being held this morning in Vancouver. The creditors will be discussing Catalyst Paper’s proposed Plan of Arrangement under the Companies’ Creditors Arrangement Act.

Newsprint Ships Up; More Closures Expected


North American newsprint shipments in April were 1.7% higher than a year ago, which trimmed the average decline in volumes in the first four months of the year to 1.3%, according to the Pulp and Paper Products Council (PPPC). Mill operating rates averaged 91% compared with 93% in April 2011.
RISI today announced a high risk of closure for over 7 million total tonnes of global newsprint capacityover the next 5 years; 2 million tonnes in North America alone.

New Measuring Tools for Publishers


The magazine industry now has more avenues when it comes to quantifying its total reach—both the Audit Bureau of Circulations, and media research company GfK MRI, have introduced new tools for publishers that can help provide a clearer picture of who readers are, and how many of them exist. 

Facebook Not to Issue Paper Certificates


Facebook investors hoping for a tangible marker of their ownership stake are out of luck. The company won't be offering paper stock certificates, despite earlier indications that it planned to make them available.

LA Looks at Plastic Bag Ban

http://www.scpr.org/news/2012/05/22/32525/la-bag-ban-big-whale-environmental-groups-plastics/
Of the 75 communities across the country that have prohibited plastic bags, two-thirds of them are in California. Los Angeles might be next; this week, its city council could push a ban on single-use bags forward.

For Gov. & Barnes & Noble; New Venture

GPO / Barnes & Noble to Sell Federal eBooks: Government Printing Office (GPO) has signed an agreement with Barnes & Noble to sell Federal eBooks.

2012 Print Forum; Focus on ROI

Integrated Print Forum to Help Printers Increase Their New Media ROI: Printers of the 21st century recognize that expanding service offerings to new communication media and becoming an integrated print provider for customers is the future of print. The 2012 Integrated Print Forum will provide insights on how to effectively integrate print into the marketing mix and increase printers’ ROI.

Commerce Dept. Revises Commercial Print Ships Data

Commerce Department Revises Years of US Commercial Printing Shipments Data; Downward Revisions from 2009 Through 2012 (Economics & Research Center):
On Friday, May 18, the Commerce Department issued its annual revisions to manufacturer shipments. The revisions reached back all the way to 2001, with minor revisions to seasonality and little change to annual shipments. Starting with 2009, however, there were significant downward revisions.

Tuesday, May 22, 2012

RR Donnelley Buying EDGAR Online

RR Donnelley to Acquire EDGAR Online, a Provider of Financial Data and Analytics: R. R. Donnelley & Sons and EDGAR Online have signed a definitive agreement for RR Donnelley to acquire EDGAR Online, a leading provider of disclosure management services, financial data and enterprise risk analytics software and solutions for both corporate and investment professionals. The deal is valued at approximately $70.5 million. The transaction is expected to close during the third quarter of 2012.

Manistique Owner Completes Equity Offer


A partnership sponsored by The Watermill Group completed a $4 million equity offering.
Watermill-MPI Partners, L.P. attracted 42 unspecified investors, according to the related SEC filing.

Union Hopes for Second Chance with Kruger


The union representing workers at a troubled Kruger newsprint mill in western Newfoundland says it is hoping to arrange a second vote on pension reform that might keep Corner Brook Pulp and Paper running.

Quad/Graphics' Depew Under Sale Contract

Former Quad/Graphics building is under contract for purchase:
Quad/Graphics’ former plant in Depew may soon have a new owner.
The 850,000-square-foot facility is under contract to a prospective buyer, said Richard Schechter, senior director with Pyramid Brokerage Co.’s Buffalo office. Pyramid has marketed the property for sale.

Forbes Launches New Title


Forbes Media plans to debut Forbes Brazil, which will be published in Portuguese, in July. The publisher is launching the new magazine, its 22nd international edition, in partnership with BPP LTDA, which is also publishes Billboard Brazil.

RDA Asking Bondholders to Accept Offer


Reader’s Digest Association CEO Robert Guth is asking bondholders to take a 5% haircut on its senior debt. Nearly $60.7 million has been earmarked for the tender offer. The company said yesterday that it was giving bondholders until June 14 to decide whether to accept the take-it-or-leave-it offer on senior secured notes due in 2017.
The publisher of the iconic Reader’s Digest, which is published in 78 countries, is using proceeds from its recent sale of Allrecipes.com for $175 million to pay off the bondholders.

DMA Not Looking for New CEO


Linda Woolley, named last week as acting president-CEO of the Direct Marketing Association following the resignation of Larry Kimmel, may be in that role for quite a while. Woolley told BtoB that there is no official search process in place to seek a permanent operational head for DMA.

'House Beautiful' First with Print to Pinterest

'House Beautiful' becomes first Pinterest-enabled print magazine: 'House Beautiful' readers can now pin images directly from the print magazine to Pinterest using a new solution from Digimarc Corporation.

Houghton Mifflin Harcourt Files for Bankruptcy

Houghton Mifflin Harcourt Officially Files Chapter 11 Bankruptcy: Houghton Mifflin Harcourt Publishers Inc filed for Chapter 11 bankruptcy protection on Monday after the struggling textbook publisher agreed with its creditors to eliminate about $3.1 billion of debt.