Voting results – NewPage Port Hawkesbury’s creditors meeting:
The creditors of NewPage Port Hawkesbury met today to vote on the plan of arrangement for the mill.
At 1pm, the general creditors of NewPage Port Hawkesbury met and voted 99.42% in favour of the plan.
The guaranteed US noteholders will meet at 3pm this afternoon.
Pacific West Commerical Corp. has offered to buy the mill for $33 million.
The sale of the mill requires 51% approval from both the American bondholders and the unsecured creditors. If the deal is approved, about $31 million will go to the US bondholders who are owed close to $3 billion.
Wednesday, August 15, 2012
Catalyst and Port Alberni Reach Agreement
The
City of Port Alberni and Catalyst Paper are moving forward with key strategic
initiatives after reaching an agreement-in-principle for the purchase of the
company's wastewater treatment facility and additional lands.
The
agreement, valued at $5.75 million consists of two parts: acquisition of the
13.4 hectare wastewater treatment facility located across the Alberni Inlet and
secondly, 3.9 hectares of land combined with a road dedication (part of the
Redford Street extension arrangement) to facilitate the development of an
industrial truck route along the waterfront.
More Back-to-College Shoppers Turning to Catalogs
Back-to-College Shoppers Turning to Catalogs More: A recent survey finds catalog use on the rise for back to college shopping having tripled in the last 3 years.
The NRF survey found 15.1% of shoppers said they plan to use catalogs to buy their college items, up from 11.4% last year and 8.3% the year prior.
The NRF survey found 15.1% of shoppers said they plan to use catalogs to buy their college items, up from 11.4% last year and 8.3% the year prior.
Google Buys Frommer’s Travel
Google Buys Frommer’s Travel Guidebook: Adding to its food and tourism portfolio, Google purchased John Wiley & Sons Inc.’s travel assets, including Frommer’s, one of the best-selling guidebook series in the world, for an undisclosed price Monday.
Direct Mail Best Way to Add Donors
Direct Mail Still the Best Method to Acquire New Donors: ATLANTA—August 14, 2012—A study carried out by research company Campbell River on behalf of the non-profit advisory body, Dunham+Company, found that people were more than three times as likely to donate after being contacted by direct mail than by email.
New York Times Names CEO
The
New York Times Co. has named Mark Thompson, outgoing director general of the
British Broadcasting Corp., as its next president-CEO. Thompson is expected to
take charge in November, succeeding Janet Robinson, who resigned from the Times
Co. last December.
New York Magazine; Future in Responsive Design
New
York Magazine launched a fashion site this week called The Cut. What’s
interesting is that the publication is using the site as a pilot of sorts to
join the now-trendy responsive design movement.
Responsive
design is when content layout is formatted on the fly across multiple devices —
desktop, tablet, phone. The advantage of a responsive design approach, which
isn’t the same as adaptive design (different story), is a publisher can design
once rather than go platform by platform. Publishers like the Boston Globe and
Say Media have gone whole hog into responsive design. New York isn’t ready to
commit that much, but it’s the direction it expects to go.
Seventeen Launches Shopping Insider
Seventeen, the
best-selling teen beauty and fashion magazine, has launched Seventeen Shopping
Insider, a mobile shopping companion app for iPhone, iPad and iTouch that
unlocks scores of exclusive deals, freebies and style ideas for readers. Built
by mobile marketing and technology services company, Nellymoser, Inc., the new
magazine companion app debuts with Seventeen’s September Back-to-School issue
and gives teens access to the biggest magazine mobile-activated shopping
experience ever. Seventeen Shopping Insider is free and available now on the
App Store.
ABM Adds Ten Members
ABM
had a productive board of directors meeting last Wednesday. The trade media
association added ten new members to its roster, including three media
companies, six associate members and a sister association, the PPA, which ABM
has also formed a strategic alliance with. The
organization also voted in three new board members.
Kalmbach Relocates Offices
Kalmbach Publishing
Company, the parent company of Discover, is closing the magazine's New York
editorial offices and relocating staff to its Waukesha, Wisconsin headquarters.
The offices will be closed by January 2013.
ASAE Relaunches Associations Now
|
ASAE,
The Center for
Association Leadership, has announced plans to relaunch its
publication, Associations Now, which will also coincide with the launch of a
mobile app, a dedicated online news site, and a daily email newsletter. The
relaunch is slated for October, and ASAE has aligned with TMG Custom Media to
assist in development and strategy.
|
Glamour Redesign Seeks Individuality
With Redesign, Glamour Ditches Fashion Title Sameness: In the summer of 2011, Glamour’s editor-in-chief Cindi Leive was having trouble at a newsstand in downtown New York City.
“I could not find Glamour to save my life,” she says..That shows the homogeneity out there. It was time to mix it up.”
Magazine covers are constantly analyzed by publishers, and Condé Nast’s Glamour seems to have created a winning formula, just in the nick of time. While overall retail sales for the magazine were down about 7 percent for the first half, it was actually up 5 percent starting with the redesign's March-issue debut.
“I could not find Glamour to save my life,” she says..That shows the homogeneity out there. It was time to mix it up.”
Magazine covers are constantly analyzed by publishers, and Condé Nast’s Glamour seems to have created a winning formula, just in the nick of time. While overall retail sales for the magazine were down about 7 percent for the first half, it was actually up 5 percent starting with the redesign's March-issue debut.
People StyleWatch Leverages Social Media
People StyleWatch Leverages Its Social Media Loyalists: In the context of commerce, buying stuff often hinges on recommendations of others. The more influential or respected the opinions of those people, often the more likely a sale will be made. This rings especially true in ecommerce, and recommendation engines have been built into websites hawking anything from content to computers.
Email Open Rates Still Falling
Email Open Rates Continue Their Decline: Marketers' average email open rates continued their decline during 2011 and the first quarter of 2012 though click-through rates increased slightly during the same period.
4 Million Became QR Code Scanners
4 Million Consumers Became First Time QR Code Scanners in Q2: According to the latest quarterly report from ScanLife, over 4 million consumers became first time scanners in 2012 Q2. The single largest QR Code campaign saw 2+ million scans. At this time last year, the largest campaign saw 30,000 scans.
RRD Completes EDGAR Acquisition
RR Donnelley Completes Purchase of EDGAR Online:
R. R. Donnelley & Sons Company today announced that it has completed its previously announced purchase of EDGAR Online, a leading provider of disclosure management services, financial data and enterprise risk analytics software and solutions for both corporate and investment professionals.
R. R. Donnelley & Sons Company today announced that it has completed its previously announced purchase of EDGAR Online, a leading provider of disclosure management services, financial data and enterprise risk analytics software and solutions for both corporate and investment professionals.
2012 Global Ad Spend to Decline
2012 Global Ad Spend Growth Projection Scaled Back: Industry predictions for 2012 global ad spend growth have fallen by almost a full percentage point since April, according to the latest forecast from Warc. Global magazine and newspaper ad spending will decline by 2.1% and 2.5% this year, respectively.
Printing Insights Report; Carbon Footprint Low Priority
Energy consumption of low priority to printers, research suggests:
The Printing Insights Report, carried out in July for global print firm Trelleborg Printing Solutions (in the US and the UK), revealed 44% of respondents felt CSR to be the most important aspect of sustainability for their business while 38% said waste reduction was a priority.
However carbon footprint and energy consumption were considered important by just 6% and 8% respectively.
The Printing Insights Report, carried out in July for global print firm Trelleborg Printing Solutions (in the US and the UK), revealed 44% of respondents felt CSR to be the most important aspect of sustainability for their business while 38% said waste reduction was a priority.
However carbon footprint and energy consumption were considered important by just 6% and 8% respectively.
National Envelope Names COO
National Envelope Announces Jim Pinto as COO: National Envelope, an affiliate of The Gores Group, is pleased to announce the addition of Jim Pinto as Chief Operating Officer.
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