Wednesday, June 13, 2012

Resolute Adds Certified Forests Holdings

Resolute Forest Products now manages 10.3 million hectares of certified forests:
Resolute Forest Products has become the largest manager of FSC® certified forests in the world.
The company recently certified 3.2 million hectares of forestlands in the Lac-Saint-Jean region of Quebec to the FSC Boreal Standard. This certification raises the total area of Resolute-managed FSC-certified forests in North America to 10.3 million hectares, an area twice the size of Nova Scotia and larger than Portugal, Hungary or South Korea.

Domtar Sells Ottawa/Gatineau


Domtar Corporation today announced the signing by its Canadian subsidiary, Domtar Inc. ("Domtar"), of a Definitive Purchase and Sale Agreement ("the agreement") for the sale of its hydro assets in Ottawa, Ontario and Gatineau, Québec for $45 million. The purchaser is Energy Ottawa Inc. ("Energy Ottawa"), the renewable energy subsidiary of Hydro Ottawa Holding Inc.

Stora Enso Issues Bonds


Stora Enso has today successfully issued two five-year bonds with total nominal value SEK 1 700 million under its EMTN (Euro Medium Term Note) programme. Both bonds are due on 26 June 2017. 

Hearst's Food Network Raising Rate Base Again

Food Network Magazine to Raise Rate Base Twice in 2013:
Hearst’s Food Network Magazine plans to hike its rate base twice in the coming year. The January/February 2013 issue will mark an increase from 1.45 to 1.5 million, and the rate base will increase again to 1.55 million with the title’s July/August 2013 issue. These hikes represent the eighth and ninth rate base increases for the publication since its 2009 debut.

Time Inc.'s Money Offers Targeted Print Options

Time Inc.'s Money Gives Advertisers Custom Messaging and Creative Options:
Money has launched a new custom printing option for its advertisers that lets them vary their messaging for targeted markets and audience segments. Called IntelliPrint and offered via Money's printer Quad/Graphics the plan marries Time Inc.'s customer database with Quad's technology to run the unique messaging.

Advanstar Buys Comikaze Expo

Advanstar Acquires Stan Lee’s Comikaze Expo:
Advanstar Communications, a b-to-b media company and event organizer in the fashion, powersports, licensing and dental markets, among others, has entered into the comics event market with the purchase of the year-old Stan Lee’s Comikaze Expo Presented by POW! Entertainment (formerly Comikaze Expo).

B-to-B Ad Revenue Declines

ABM released its first-quarter 2012 BIN report Tuesday, and print advertising reversed course from 2011 and event revenue, while remaining a bright spot, appears to have slowed its growth when compared to the first quarter last year.

Advertising & Marketing Companies Hiring


Fifteen percent of marketing and advertising companies plan to hire staff in the next three months, according to a survey by the Creative Group, a recruitment agency for the advertising industry.

Ad Revenue to Increase 5.9% CAGR to $229B in 2016


According to PwC's annual Global Entertainment and Media Outlook 2012-2016 - an in-depth five-year outlook for global consumer spending and advertising revenues directly related to entertainment and media content - released today, the industry is approaching the 'end of the digital beginning' with digital now embedded in business-as-usual and moving to the heart of many E&M companies.

April Direct Mail Volume Falls


The cool-off in credit card mail that began in the winter of 2011 looks set to continue, at least for now, according to Mintel Comperemedia. In April, 260 million offers for new credit cards were received by US households, down 33% from the 390 million offers US households received during April of last year. This is the lowest estimated monthly mail volume tracked in the past 25 months.

21% of Employers Plan to HIre in Q3


Hiring confidence among U.S. employers continues to inch up as all states, regions and industries surveyed report a positive Net Employment Outlook, according to the latest Manpower Employment Outlook Survey released today by ManpowerGroup. The seasonally adjusted survey results show the Net Employment Outlook for Quarter 3 2012 is +11%, slightly up from +10% during Quarter 2 2012 and +8% during the same period last year.

Advance Announces Cuts for Newspaper


Over 200 employees at the New Orleans newspaper, Times-Picayune, were laid off Tuesday.
Overall, Advance Publications, the paper’s New York-based parent company, cut one-third of its staff. It also plans to reduce the printing schedule to only three days a week, as well as give further attention to its digital news distribution.
The paper has been in business for over 175 years.

Barclays Revises Forecast

Barclays lowers global ad forecast: London—Ad spending internationally will be less robust this year than initially anticipated, according to Barclays. The financial services company now forecasts that global ad spending will total $490 billion by year-end, an increase of 3.