Wednesday, February 8, 2012
Nippon Paper to Restart Ishinomaki PMs
Nippon Paper to restart PM N5 and N6 at Ishinomaki mill, production expected to recover 75% of total capacity, plans to shut some production facilities: Nippon Paper Group, Inc. (President: Yoshio Haga) has moved forward with reconstruction efforts at Ishinomaki Mill, which sustained damage as a result of the Great East Japan Earthquake.
Nippon Reports Q3 Results
Nippon Paper Group, Inc. announces that it has posted extraordinary losses for the third quarter of the fiscal year ending March 31, 201.
ABC Releases H2 Circulation Numbers
The Audit Bureau of Circulation has released circulation figures for the second half of 2011. AARP magazine held onto its top spot with a circulation of more than 22 million.
Hearst Names International VP
Jean de Boisdeffre, former CEO of Lagardère Active's international magazines' business the Hearst acquisition of Hachette Filipacchi Media, has been named International Senior Vice President.
New York Magazine Circulation Up
During a six month period in which the magazine industry continued to see decreases in subscriptions and newsstand sales, New York's hometown glossies still eked out small circulation gains.
Between July 2011 and the end of December, New York magazine's average paid circulation increased 0.1% according to the latest data from the Audit Bureau of Circulations and The New Yorker's average circulation rose 2.2%.
Disney's Club Penguin Launches Print Edition
Disney's Club Penguin, until now a virtual world for children, is launching a print magazine in the UK on February 9.
Scene Magazine Debuts
Jared Kushner’s controlled-circulation magazine, Scene, will debut on March 1. The monthly style and society title is helmed by publisher and chief executive officer Julie Dannenberg, editor in chief Peter Davis and creative director Cricket Burns.
Source Interlink's Four Wheeler Turns 50
Four Wheeler, a Source Interlink magazine with a circulation of 190,000 and a readership of 2.8 million, is celebrating it's 50th anniversary with a special retrospective issue.
Jobson Medical Files for Bankruptcy
http://www.btobonline.com/article/20120203/MEDIABUSINESS1501/120209987/jobson-medical-files-chapter-11?utm_source=mediabiz&utm_medium=email&utm_content=editorial&utm_campaign=mediabiz
Jobson Medical Information Holdings, a b-to-b healthcare publisher that was acquired by a private equity fund of the Wicks Group of Cos. in 2005, has filed a “prepackaged” Chapter 11 plan in U.S. Bankruptcy Court.
Conde Nast Will Relaunch Domino
Conde Nast’s Domino Returns as a Special Issue: Condé Nast’s much-beloved Domino magazine, which closed in 2009, is making a return to market as a special edition, called Domino Quick Fixes, set to hit newsstands in April.
Consolidated Graphics Reports Quarterly Results
Consolidated Graphics Posts Revenue and Income Declines: Consolidated Graphics announced financial results for the quarter ended Dec. 31, 2011. Revenue for the quarter was $283.9 million, a $15.2 million or 5.1 percent decrease compared to the prior-year quarter.
Heidelberg Reports Q3, NA Sales Up
Heidelberg revenue down 4%, North American sales up: In the third quarter of financial year 2011/2012, Heidelberger Druckmaschinen AG achieved a slightly positive result of operating activities with stable sales. Sales in the North America region were up significantly on the previous year's weak figure.
Tuesday, February 7, 2012
2011 NA Forest Product Indusry Capital Spending Up 46%
Capital spending by North American pulp and paper companies increased sharply in 2011, with most of the increased outlays focused on replacing higher-cost existing capacity, converting mills/machines to more profitable grades, energy cost reductions, enhancing quality, and environmental improvement.
Spending in 2011 increased by 46.5% and was up by more than $4 billion, compared with the 2010 spend, according to a PPI Pulp & Paper Week survey of 20 major North American pulp and paper manufacturers.
The 2011 total in the US alone was 120% higher than the 2009 total.
Resolute Forest Products Buys Co-Gen Plant
Resolute Forest Products buys idled co-gen plant in Dolbeau, Quebec:
Resolute Forest Products (formerly known as AbitibiBowater) has purchased the idled co-generation plant at Dolbeau, Quebec from Boralex for $5 million.
Resolute Forest Products (formerly known as AbitibiBowater) has purchased the idled co-generation plant at Dolbeau, Quebec from Boralex for $5 million.
Paper Co.s May Lose Black Liquor Tax Loophole
U.S. Paper Companies May Lose Son of Black Liquor Loophole: Senate Finance Committee Chairman Max Baucus is trying to close the Son of Black Liquor tax loophole that has already provided U.S. paper makers with a windfall of more than $1 billion.
ALM Relaunches Better Buildings
ALM Relaunches Better Buildings Brand with a National Supplement: ALM is resurrecting its Better Buildings brand, a tri-state area building management magazine which debuted in 1981 and shuttered in the mid 1990s, with the launch of a national, quarterly supplement of the same name, to be distributed along with its Real Estate Forum magazine.
US Commercial Printing Shipments Fall in December & Q4
US Commercial Printing Shipments End 2011 on Sour Note (Economics & Research Center):
U.S. commercial printing shipments for December were $6.96 billion. This was down -$207 million compared to December 2010, a decrease of -2.9%.
U.S. commercial printing shipments for December were $6.96 billion. This was down -$207 million compared to December 2010, a decrease of -2.9%.
Quad/Graphics, Transcontinental Deal Ready to Close
http://www.qg.com/news/quad_news_detail.asp?NewMessageID=38745
Quad/Graphics Inc. today announced that it has been authorized by Canada’s Competition Bureau to complete the sale of its Canadian operations to Transcontinental Inc. The company expects to close the transaction in the next several weeks.
Edwards Brothers and Malloy Merge
Edwards Brothers and Malloy Inc., two leading book manufacturers, announced that they would merge effective Feb. 6, 2012, forming a new company called Edwards Brothers Malloy. The new company will have combined sales of $115 million and will be the sixth-largest book manufacturing firm in the United States.
QuinStreet to Cut 84% Ziff Davis Jobs
http://www.btobonline.com/article/20120207/MEDIABUSINESS1501/302079997/quinstreet-to-cut-about-80-of-ziff-davis-enterprise-employees
QuinStreet Inc., an online vertical marketing company, plans to cut about 80% of Ziff Davis Enterprise employees in the wake of its acquisition of the tech media company, according to accounts by former ZDE employees. The total job cuts may approach 100 over the next several months.
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