IP, Temple-Inland Extend DOJ Review Period

International Paper, Temple-Inland Extend DOJ Review Period: International Paper Company and Temple-Inland Inc. today announced that they have agreed to extend the U.S. Department of Justice's review period with respect to International Paper's acquisition of Temple-Inland until February 13, 2012.

Resolute Paper Makes Cuts at Fort Frances

Resolute cuts 45 jobs in Fort Frances, Ontario:
Resolute Forest Products (formerly AbitibiBowater), will not be recalling 45 people, 16% of the workforce, to work when they resume paper production next week.

Catalyst Paper Reports Crofton Vote

Catalyst Paper Announces Crofton Unions Voting Results: Catalyst Paper Corporation (TSX: CTL) advised today that at votes taken this weekend, one union local at the Crofton mill voted down a new labour agreement while the other union local voted to support a new labour agreement. Unanimous ratification of a new labour agreement by January 31, 2012 is a condition of the company's recapitalization transaction announced on January 14, 2012.

2011 Media M&A Jumped 9%

Overall Media M&A Up 9 Percent in 2011: The media M&A market saw its third year in a row of growth, closing out 2011 with a 9 percent increase in total value over 2010, according to a year-end report by The Jordan, Edmiston Group.

J.C. Penney and Esquire Close CLAD

Esquire Ecommerce Effort CLAD Folds: After an extremely short run, J.C. Penney’s Esquire-curated ecommerce site, CLAD, shutters. CLAD debuted in November 2011, and its final sale will end January 31.

Bloomberg Launches Bloomberg Pursuits

Bloomberg to Leverage its ‘Markets’ Brand into a Lifestyle Offshoot: Bloomberg has found another way to capitalize on its access to some of the wealthiest consumers in the world: next month, it will launch an offshoot to its Bloomberg Markets magazine. Bloomberg Pursuits will be polybagged with, and run by the team at, Bloomberg Markets, but will hone in on luxury lifestyle content that emerged from the pages of the finance-focused title.

Quarterly Review of Wines Closes

http://www.minonline.com/news/35-Year-Old-Vintage-Wine-Pub-Calls-It-Quits_19824.html  
In the rush of staff changes, higher profile magazine closings at the end of last year, it may have gone unnoticed that a venerable bible for wine enthusiasts closed its beloved cellar. The Quarterly Review of Wines, a 100-page glossy with a circulation of 140,000, had just celebrated 35 years of publication. Nevertheless, publisher Richard L. Elia decided to fold shut down the title.

The Economist Launches China Section

The Economist' introduces China section: London—The Economist has launched a new section covering China. The magazine said it is the magazine's first new section devoted to a single country in 70 years.

Cenveo Sells Group to Ennis

Cenveo Sells Forms and Business Documents Group to Ennis: Cenveo, Inc. today announced that it has agreed to sell its Forms and Business Documents Group to Ennis, Inc., manufacturer of printed business products & apparel headquartered in Midlothian, Texas. The sale is expected to close during February 2012. Terms of the transaction were not disclosed.