Monday, October 29, 2012

SF Drops Yellow Pages Ban After Court Ruling

http://www.sfexaminer.com/local/2012/10/following-yellow-pages-ruling-seattle-san-francisco-halt-similar-program
Free speech? San Francisco was forced to reconsider its Yellow Pages ban after a federal court struck down a similar law in Seattle.
San Francisco’s law banning the delivery of Yellow Pages is being sent to the trash can after a federal court ruled that a similar law enacted in Seattle violated First Amendment protections.

Friday, October 26, 2012

Domtar Investing $30M to Convert Mill

Domtar investing $30M to re-purpose its Marlboro mill toward carbonless base papers as part of supply agreement with Appleton: Domtar Corporation today announced plans to re-purpose its facility in Bennettsville, Marlboro County to align with shifting market demands in the paper industry. The company plans to invest $30 million in the plant over the next year as part of a previously announced long-term supply agreement with Appleton Papers Inc. ("Appleton") of Appleton, Wisconsin.

Boise Cascade Reports Q3 Sales Up

Boise Cascade Reports 22% Increase in Q3 Sales: BOISE, Idaho - Boise Cascade Holdings, L.L.C. (Boise Cascade or Company) announced third quarter 2012 net income of $23.5 million and earnings before interest, taxes, depreciation, and amortization (EBITDA) of $36.8 million. Year-to-date net income and EBITDA results of $40.2 million and $79.6 million, respectively, reflect a significant improvement over a net loss of $32.6 million and EBITDA of $8.9 million reported in the first nine months of 2011.  Sales in third quarter 2012 were $764.6

Weyerhaeuser Reports Q3 Financials

Weyerhaeuser Company today reported net earnings of $117 million, or 22 cents per diluted share, for the third quarter. This compares with net earnings of $157 million, or 29 cents per diluted share, and net earnings before special items of $66 million, or 12 cents per diluted share, for the same period last year. Net sales for the third quarter of 2012 totaled $1.8 billion, compared with net sales from continuing operations of $1.6 billion for the third quarter of 2011.

Union Protests Sappi Offer

Dozens of United Steelworkers were protesting outside of the Sappi paper mill in Cloquet on Tuesday.
“We're out here today on an informational picket, bringing the issues out to the pubic and the community,” Local 11-63 President Brady Nelson said.
Retiree benefits were the issue at hand for the workers. Nelson said workers rejected Sappi's offer earlier this month.
“The proposal would have split our local right down the middle. They were proposing to take some retiree benefits away from our members that had less than 15 years of service by the end of this year,” Nelson said.

Flambeau River Owes Loan Payments


The Wisconsin Economic Development Corp. has released the names of Flambeau River Papers and Flambeau River Biofuels as owing the largest share in past due loans. Both companies are headed by politically connected North Woods businessman William "Butch" Johnson.
Since 2006, the two companies have received about $16 million in grants and loans from state taxpayers..WEDC says those two Flambeau River companies together owe a total of $4 million.

Robb Report Launches Home & Style

http://www.minonline.com/news/21368.html 
Magazines continue to follow the money and shoot for the high end in their new launches. Luxury magazine Robb Report is spinning out a new title in the shelter category. Well, to be frank, calling these houses “shelter” is a laughable understatement. The bi-monthly Home & Style title will focus on homes, style, decoration, home products, furnishing at some of the most exclusive locations and the most expensive districts.

Harper's Relaunches Website

Harper’s Magazine officially relaunched their website yesterday, despite publisher Rick MacArthur’s earlier public misgivings on the whole Internet thing.
“This redesign is overdue, we realize—a delay not in keeping with what was once a fairly distinguished digital reputation,” associate editor Jeremy Keehn wrote in a blog post last week. “Harper’s was one of the first magazines to build a website, way back in 1996.”

The Walking Dead, The Official Magazine

Titan Magazines and Skybound’s premier issue of The Walking Dead, The Official Magazine, based on Robert Kirkman's Eisner Award-winning comic book series, best-selling graphic novels and Emmy-winning AMC television series, hits newsstands and digital platforms today.
This 100-page issue features an inside look at the TV show, comics and everything in-between.

Condé Nast, Bonnier, NYT Ready for Microsoft Tablet

On Thursday (Oct. 25), Microsoft officially launched two crucial, highly anticipated products: its first-ever computer, the 10.8 inch Surface tablet; and Windows 8, the new operating system on which the Surface [1] will run. Although its Windows Store for apps is comparatively small—according to The Wall Street Journal, it’s expected to contain [2] around 10,000 apps at the time of its launch, versus the several hundred thousand apps available in Apple’s and Google’s stores—top publishers have already begun taking advantage of the Surface’s buzzed-about launch.

Rodale's Best Life Returns

Best Life Returns: Tanned, Rested Digitally Enhanced: Three years after folding (or putting on 'hiatus') its men’s lifestyle title, Rodale brings Best Life back to newsstands this week. Scheduled to stay at retail for the coming quarter, Best Life revives much of the content mix that made it a favorite among many affluent male readers for years: celebrity, style, high end goodies.

Deluxe Reports Growth in Q3

Deluxe Reports 7% Revenue Growth in Q3 2012: Revenue grows 7%: exceeds high end of outlookDiluted EPS of $0.81 grows 14%; adjusted EPS of $0.85 grows 9% - both exceed high end of outlookRaises full-year revenue and EPS outlookDeclares regular quarterly dividend.

Technology Review Relaunches

Technology Review Relaunches With Digital Focus: Technology Review has relaunched itself as MIT Technology Review, completing a digital-first transformation worthy of its cutting-edge namesake.

USPS Offers 6 Money-Saving Promotions

U.S. Postal Service to Offer Six Money-Saving Mailing Promotions in 2013: To help marketers prepare earlier for upcoming mail promotions, the U.S. Postal Service for the first time is publishing a yearly promotions calendar. The “2013 Mailing Services Promotions Calendar” will include six promotions designed to generate continued interest in the various uses and benefits of mobile barcodes in direct mail, as well as provide opportunities for marketers to be more successful with traditional integrated marketing campaigns.

Pearson and Bertelsmann in Talks

Pearson and Bertelsmann in Talks to Combine Random House and Penguin: Pearson, the British media conglomerate, said Thursday that it was in talks to combine its Penguin publishing house with Random House, owned by Bertelsmann of Germany. The combination would create a division with greater scale that could compete in a rapidly evolving eBook market.

Valassis Reports Q3 Results

Valassis’ Cost Cutting Spikes Its Net Earning as Revenues Fall: Valassis announced financial results for the third quarter ended Sept. 30, 2012. Revenues totaled $523.8 million, compared to $528.4 million in the prior year quarter. Its net earnings were $36.7 million, an.an increase of 33.5 percent from $27.5 million in 2011.

U.S. Businesses More Optimistic

Sage study shows U.S. businesses more optimistic than global counterparts: U.S. business owners are less optimistic about the economy than they were six months ago, but they are more optimistic about their own businesses' prospects over the next six months than their global counterparts, according to a survey by software company Sage North America.

Focus On Media’s ‘Great Realignment’

Focus On Media’s ‘Great Realignment’ at the ACT III Conference: Magazine publishers from a broad cross section of the industry spent two days presenting their best practices and innovative ideas for an era of transition during the third annual ACT III conference at the University of Mississippi.

Folio: People On The Move

People On The Move | 10.25.12:
Sports Illustrated has promoted Chris Stone to managing editor. Stone was previously assistant managing editor for the magazine.
Paul Fichtenbaum has been named editor at Time Inc. Sports Group. Fichtenbaum was serving as managing editor at SI.com.
Jennifer Levene Bruno is now publisher and chief revenue officer at Town & Country. Levene was previously publisher and chief revenue officer at VERANDA.
Bloomberg Buisnessweek has tapped Janet Paskin as its assistant managing editor and editor of Businessweek.com. Paskin joins the company from The Wall Street Journal, where she was a digital editor.

Thursday, October 25, 2012

Marubeni, Oji & JK Paper in Joint Venture

As already announced, we ("Oji") had incorporated an Indian subsidiary Oji India Packaging Pvt Ltd ("Oji India Packaging"), effective June 20, 2012, for the purpose of starting Corrugated Container Business in India. We are pleased to announce that the Business Plan for Oji India Packaging has recently been approved.
It has now been decided to conduct the business under a Joint Venture to be formed by Oji, JK Paper Ltd. ("JK"), who is a leading manufacturer of pulp and paper in India, and Marubeni Corporation in Japan. Three parties have executed a Joint Venture Agreement effective today.

UPM Reports Q3 Finances

SUMMARY - UPM INTERIM REPORT - SEPTEMBER 2012: UPM'S Cash flow continued to be strong in Q3 in challenging operating environment.
•Earnings per share excluding special items were EUR 0.15 (0.19), and reported EUR 0.06 (-0.21)
•EBITDA was EUR 305 million, 11.8% of sales (331 million, 12.7% of sales)
•EBITDA was affected by temporary production disruptions in Pulp
•Net debt decreased by EUR 246 million to EUR 3,139 million

International Paper Reports Q3 Earnings

International Paper 3Q 2012 results: operating profit down 6% from year ago to $539 million:
International Paper today reported third quarter 2012 net earnings from continuing operations attributable to common shareholders totaling $223 million , compared with net earnings of $118 million in the second quarter of 2012 and $468 million in the third quarter of 2011.

Domtar Reports Q3 Financial Results

Domtar posts net earnings of $66 million in Q3, 2012:
Domtar is reporting net earnings of $66 million for its third quarter of 2012 on sales of $1.4 billion.
These results can be compared to net earnings of $59 million for the second quarter of 2012 and net earnings of $117 for the third quarter of 2011.

IP and Grupo Orsa Form Joint Venture

International Paper and Grupo Orsa to Form Joint Venture: IP to Expand Global Corrugated Packaging Platform In BrazilMEMPHIS, Tenn., - International Paper and Brazilian corrugated packaging producer Jari Celulose, Embalagens e Papel S/A, a Grupo Orsa company, have entered into an agreement to form a joint venture which will support IP's strategy of growing its global packaging presence and better serving its global customer base.

West Fraser, Domtar Increase Pulp Price

West Fraser announced that its North American list price for northern bleached softwood kraft (NSBK) will increase $20/tonne, effective November 1 until further notice.

Domtar has informed North American customers that its northern bleached softwood kraft (NBSK) and southern bleached softwood kraft (SBSK) market pulp prices will increase $20/tonne, effective November 1 until further notice.

Forbes Launches New Campaign

Forbes is launching a new brand advertising campaign this month -- its first in five years.
The print and online campaign will feature mini-profiles of entrepreneurs recently featured on Forbes covers who “exemplify what it takes to be truly successful today.” The campaign also introduces a new positioning tagline for the 95-year-old publication -- “Change The World” -- that will appear across Forbes’ print and digital properties.

Meredith Reports Ad Revenues Up 12%

Meredith Corp. says advertising revenue climbed by double digits in its first fiscal quarter 2013, with big gains coming from its TV properties.
Total company advertising revenues climbed 12% to $207 million, with local media (its TV-related businesses) up 26% to $87.2 million. It had 7% advertising gains from its national media group (its print and magazine-based brands) to $132.6 million.
Overall magazine businesses grew 3% to $267 million. While magazines did see rising advertising revenue, it was the result of acquisitions. Without those new revenues, total advertising revenues declined 9%.

Power of Print in a Digital Age

Also full, this week, of lots of magazine folk in town for Mr. Magazine and Publishing Executive columnist Samir Husni’s annual ACT conference, this year with the theme: “Never Underestimate the Power of Print in a Digital Age.”
Today’s presentations began with a Rebecca Darwin, President and CEO of Garden & Gun magazine, who started out by quipping “I feel like I’m at an AA Meeting: ‘I’m Rebecca and I believe in print."
Darwin was followed by a bevy of fascinating presentations.

7 Reasons to Rethink Print

Most prognosticators say that by 2020 most printed media will be gone. I think anyone who makes those types of comments doesn’t understand history...
The evolution of the internet doesn’t kill off these channels… it makes us look at them differently because they are used differently by consumers.
We are releasing our third annual content marketing study next week. Among the findings, the usage of EVERY channel is flat or up. After years of seeing the usage of print magazines on the downside, we saw no change year-over-year. 
1. It grabs attention
2. Its focus on customer retention: 
3. There are no audience development costs:
4. What’s old is new again:
5. Customers still need to know what questions to ask
6. Print still excites people
7. Print lets people unplug

Newsweek’s CEO: Digital Transition

Newsweek’s Rob Gregory on Its Digital Transition:
Here, FOLIO: catches up with Rob Gregory, president of the Newsweek-Daily Beast Company, to get some insight on the decision to ditch print and what the brand will look like going forward.

Wednesday, October 24, 2012

US Questions Canadian Port Hawk Aid at WTO

USA questions Canada at WTO meeting over aid given to Port Hawkesbury Paper:
The USA told a World Trade Organization (WTO) subsidies committee this week that it is concerned that China, India, and Canada are paying illegal subsidies that distort trade.
At question for Canada is the $162 million in aid Nova Scotia has given to Port Hawkesbury Paper.
The EU is also concerned about this aid and is asking for more information.
A Canadian official told the meeting that Canada was already working with the provincial authorities to answer U.S. questions and had started a dialogue with the United States which the EU was welcome to join.

Port Hawkesbury Agreement with 2 Sawmills

Port Hawkesbury Paper signs new service agreement with 2 local sawmills:
M.R. MacDonald Holdings Ltd. of Pictou County, Nova Scotia, has signed a new service agreement with Port Hawkesbury Paper.
The deal will see hardwood logs from the Port Hawkesbury Paper mill be exchanged for chips and softwood from M.R. MacDonald Holdings’s mill.

Stora Enso Announces Restructuring Plans

Stora Enso plans profitability improvement actions across all Business Areas: Stora Enso plans restructuring of its operations through the permanent shutdown of paper machine 1 at Hylte Mill in Sweden and the permanent closure of the corrugated packaging plant at Ruovesi in Finland. In addition, Stora Enso plans efficiency improvements at several other mills. The profitability improvement actions are planned to reduce annual costs by EUR 36 million and reduce the number of employees by approximately 520 altogether. Stora Enso will record a restructuring provision and a fixed asset and working capital write-down as non-recurring items totalling approximately EUR 42 million related to the restructuring plans in the fourth quarter 2012 operating profit.

FutureMark Names VP Sales & Marketing

FutureMark® Paper Group, North America's leading provider of responsibly made, high‐recycled paper, named respected paper industry veteran Paul E. Bradshaw Vice President of Sales and Marketing for the group's uncoated paper products.

JD Irving: 7 Day Maintenance Shut Down

http://www.jdirving.com/article.aspx?id=3656
Over 1,200 trades people with 45 contractor companies, in addition to the 340 mill employees, will be on the job this week at Irving Pulp & Paper in Saint John.  It’s part of a week-long, world-class maintenance and refurbishment shutdown that happens every 18 months.  The $10-million maintenance work ensures the mill is as productive and efficient as possible.

IP Agrees to Pay FDIC $42 Million

http://professional.wsj.com/article/SB10001424052970203630604578074753866411758.html
The Federal Deposit Insurance Corp. is about to receive a $42 million legal settlement that will rank among the agency's largest recoveries in the financial crisis—from a paper company that played no role in the bank failure that spurred the lawsuit.
International Paper Co. has agreed to pay the FDIC to settle a year-old lawsuit stemming from the 2009 collapse of Guaranty Financial Group, an Austin, Texas, company that ranks as the fifth-biggest U.S. bank failure. As part of the agreement, the failed bank's creditors will get an added $38 million, bringing the total settlement to $80 million.

Georgia Co. Accused of Dumping Chinese Paper

A paper supply company formerly located in Gwinnett County, Georgia is accused of flooding the U.S. with cheap Chinese paper and dodging more than $20 million in duties.
Apego Inc. was operating out of Lilburn in May 2006 when the U.S. Department of Commerce began investigating whether Chinese paper manufacturers were dumping their products in the American market.

Study: P & P Mills and Water Availability

New study of water issues at mills around the world
Since water has become an increasingly important strategic issue in the pulp and paper industry, potentially affecting the ability of a large number of the world’s mills to operate at capacity, Fisher International conducted a study of the topic and has published its findings in a study titled “The 2012 Global PPI Water Benchmark Report.”
The report is intended to help environmental managers understand how water issues are affecting pulp and paper mills around the world as they benchmark their own positions and evaluate their policies.

AF&PA Releases Boxboard Report

AF&PA Releases September 2012 Boxboard Report: The American Forest & Paper Association has released its September 2012 U.S. Paperboard Report. Total boxboard production decreased by 2.1 percent compared to September 2011 and decreased 6.9 percent from last month.  Unbleached Kraft Boxboard production increased over the same month last year but decreased compared to last month.  Total Solid Bleached Boxboard & Liner production decreased compared to September 2011 and decreased compared to last month.

idoodle Launches Jamie Magazine

Software Company Launches Jamie Magazine:
Software development company idoodle is entering into the North American consumer media space with the launch of Jamie Magazine, and is looking to have its first-and-only title be fully mobilized from the onset.

Meredith's New Venue: Video

Meredith Breaks Into Celebrity Content With Video Partnership:
With reports showing that more than 100 million Americans watch online video content on an average day, it’s no surprise that Meredith is expanding its offerings in this space. The company has formed a strategic partnership with the digital entertainment network CelebTV to feature daily, original HD videos on Meredith’s Divine Caroline website beginning this week.

Fresh Start for Eating Well

Employees at Eating Well magazine sometimes don’t quite believe their good fortune. Since the Meredith Corporation bought the magazine last year for $29 million, it moved out of the drafty warehouse offices...and into a new $500,000 space with views of the Adirondacks and room to grow an edible garden. And the staff can now consult with Meredith editors at magazines like Every Day With Rachael Ray and Family Circle to brainstorm about test kitchens and effective covers.

US News & World to USNews Digital Model

While the pundits ponder the future of a digital-only Newsweek [1], U.S. News & World Report offers a different lesson for magazine publishing.
U.S. News went all-digital two years ago [2] as part of a years-long process of deemphasizing print in favor of online rankings at USNews.com [3] of colleges, hospitals and other institutions.
The experiment paid off this year: U.S. News has gone from unsustainable weekly to a profitable business with 15.1 million monthly unique visitors, executives there said.

Wired Magazine Increases Rate Base

Yesterday (Oct. 24), Wired VP/publisher (since May 2009) Wired VP/publisher (since May 2009) Howard Mittman announced that the Condé Nast technology-centric monthly will increase its rate base--the circulation guarantee to advertisers--from 800,000 to 825,000 with the January 2013 issue.

BC Offering Online Text Books

British Columbia is set to become the first province in Canada to offer students free online, open textbooks for the 40 most popular post-secondary courses.

Canadians Still Turn to Newspapers

A new poll conducted by Ipsos Reid on behalf of The Canadian Journalism Foundation finds that despite a plethora of new sources for the apparent 24/7 news cycle, a majority of Canadians still prefer to consult the more traditional outlets to get their daily news fill. 
Some of the findings:
40% of Canadians say they always consult daily a regular newscast on a TV station for either evening or late broadcast for their daily news fill.
23% of Canadians say they always consult daily a daily newspaper that they would normally pay for or subscribe to for their daily news fill.

Business Publishers Cautious on Mobile

Biz Publishing Sector Cautious About Mobile: A recent study of business publishers finds that 19% of their total audiences access their content via mobile devices, yet only 5% of their digital revenue is generated through mobile.

Consumers Interact With Digital Magazine Ads

Consumers Are Interacting With Digital Magazine Ads: More than half of consumers who read a magazine advertisement on their tablet or e-reader interacted with the ad, according to new research from GfK MRI Starch Digital.

Nielsen: Global Ad Spending Up 2.7%

Nielsen: Global Spending On Ad Spend On the Rise: Nielsen's quarterly Global AdView Pulse finds global ad spending is on the rise. Nielsen’s analysis finds overall advertising investment to be up 2.7% in the first half of 2012 -- with gains in the areas of internet (+7.2%), radio (+6.6%), TV (+3.1%) and newspapers (1.6%).  The only major media to see an ad spend decline was magazines (-1.3%).

WhatTheyThink Webinar: HIgh-Speed Inkjet

Learn How Commercial Print Providers Take Advantage of Inkjet in Free WhatTheyThink Webinar: Cutting-Edge Print Operations Share Their InsightsLexington; WhatTheyThink announces the opportunity for industry professionals to benefit from a free educational Webinar. Making the Transition to High-Speed Inkjet will be led by WhatTheyThink Senior Analyst Richard Romano. The event is scheduled for Wednesday, November 7th, 2012, from 2:00 to 3:00 PM EST.

Tuesday, October 23, 2012

Stora Enso Reports Q3 Results

Paper maker Stora Enso in $104 million Q3 profit:
Nordic paper maker Stora Enso Oyj has reported a third-quarter net profit of 80 million but says it will slash 520 jobs to save 36 million annually.
The company had a net loss of (EURO)50 million in the same period last year, when it recorded a nonrecurring cost of (EURO)193 million. Revenue in July through September fell slightly to (EURO)2.69 billion from (EURO)2.74 million in the same period in 2011.

MeadWestvaco Reports Q3 Results

MeadWestvaco 3Q profit falls more than 56 percent:
MeadWestvaco Corp.'s third-quarter profit fell more than 56 percent from a year ago as the packaging company spun off its consumer and office products business in May. 
The Richmond, Va., company on Tuesday reported earnings of $51 million, or 28 cents per share for the three months that ended Sept. 30. That's down from $117 million, or 67 cents per share, a year ago. Adjusted for restructuring charges and income from discontinued operations, MeadWestvaco earned $67 million, or 39 cents per share, matching analyst expectations.

Resolute Reaches Agreement with Catawba Unions

The two United Steelworkers locals at a southeastern York County mill have reached a new agreement with Resolute Forest Products that should result in no immediate forced layoffs at the plant, union officials say.
Mike Godfrey, president of production union at the Catawba plant, said members "overwhelmingly" adopted the new agreement Tuesday.

Verso Pays City of Sartell

The city of Sartell has received full reimbursement from Verso Paper Corp. for its response to a Memorial Day fire.
Today the city received a check for about $398,000 to cover the fire response. There were 92 agencies from across the state that responded to the fire and 68 of those submitted invoices for repayment.