Monday, October 1, 2012
Port Hawkesbury Paper Restarts
http://www.pulpandpapercanada.com/news/nova-scotia-mill-restarts-as-port-hawkesbury-paper/1001732141/
The $33-million sale of the Port Hawkesbury paper mill is complete, and the first paper is expected to roll off the line in the first few days of October. One year after the former NewPage facility in Nova Scotia shut down, the sale to Pacific West Commercial Corp. was completed on Sept. 28. Two hundred and fifty employees returned to work within days.
The mill is restarting under the name Port Hawkesbury Paper.
Marubeni Renewed as DJSI Index Component
http://www.marubeni-usa.com/
The status of
Marubeni Corporation ("Marubeni") has been renewed as an index
component of the Dow Jones Sustainability World Index (DJSI World) for the year
2012-2013.
The DJSI World
is one of the best known measures of Socially Responsible Investment (SRI)* in
the world; this year 340 companies from all over the world were selected for
the index, including 20 Japanese companies.
More Join Pulp Price Increase
Joining producers including
including Domtar, Mercer International, Tembec, and West Fraser,
Canfor Pulp
informed customers in North America and across Asia that its northern bleached
softwood kraft (NSBK) pulp price will increase $20/tonne, effective October 1
until further notice.
Resolute CEO Joins Others Asking for Improved Rail
Resolute Forest Products among group to appeal to Ottawa for better rail service:
Richard Garneau of Resolute Forest Products was among a group of CEOs and senior executives from major resource sectors to converge in Ottawa earlier this week to deliver a strong common message – that now is the time to address inefficient and inadequate rail freight service.
The business leaders, all members of the Coalition of Rail Shippers (CRS), brought their message directly to Ministers, groups of MPs and key officials from Transport, Industry, Natural Resources, Agriculture, the Canadian Transportation Agency and the Prime Minister’s Office.
Richard Garneau of Resolute Forest Products was among a group of CEOs and senior executives from major resource sectors to converge in Ottawa earlier this week to deliver a strong common message – that now is the time to address inefficient and inadequate rail freight service.
The business leaders, all members of the Coalition of Rail Shippers (CRS), brought their message directly to Ministers, groups of MPs and key officials from Transport, Industry, Natural Resources, Agriculture, the Canadian Transportation Agency and the Prime Minister’s Office.
PaperlinX Names Chairman
PaperlinX: Appointment of New Chairman: The Board of PaperlinX Limited is pleased to advise that Mr Michael Barker has been elected to the role of Chairman for PaperlinX Limited effective today.
Mr Barker said,
Mr Barker said,
Recapitalizing White Birch Becomes Personal for Brant
Peter Brant uses personal art collection to recapitalize White Birch newsprint business:
Peter Brant, chairman and chief executive officer of White Birch Paper Co., pledged pieces of his personal art collection to recapitalize the family newsprint business.
Brant had to buy his family business out of bankruptcy with the help of Black Diamond Capital Management LLC, a company that specializes in distressed credits. The new company is called BD White Birch Investment LLC.
Peter Brant, chairman and chief executive officer of White Birch Paper Co., pledged pieces of his personal art collection to recapitalize the family newsprint business.
Brant had to buy his family business out of bankruptcy with the help of Black Diamond Capital Management LLC, a company that specializes in distressed credits. The new company is called BD White Birch Investment LLC.
USPS Network Rationalization Plan
Redrawing the Map: A Look at USPS’ Network Rationalization Plan: he USPS’s Network Rationalization Plan, opposed by some postal unions and not-in-my-district Congress members, would cut the number of processing centers nearly in half by 2015—from 461 this year to 232 in 2015. That’s down from 673 in 2006 and 599 in 2009.
The impact would be especially dramatic in certain regions. Several states—including Mississippi, Kansas, and Arizona—would go from having six or more facilities to only one.
The impact would be especially dramatic in certain regions. Several states—including Mississippi, Kansas, and Arizona—would go from having six or more facilities to only one.
USPS Reports $956 million Loss
USPS posts $956 million loss for August: The U.S. Postal Service reported a net loss of $956 million for August, and is on track for a record annual loss with one month to go in its fiscal year.
Magazine Industry Employment Falls
http://www.mediapost.com/publications/article/184075/magazine-employment-shrinks-29-in-10-years.html
While the decline hasn’t been quite as steep as in the newspaper industry, magazine publishers have shed a substantial number of jobs over the last decade, according to the U.S. Department of Labor’s Bureau of Labor Statistics, which provides quarterly estimates of the number of people employed by periodical publishers, among other industries.
According to the BLS, the total size of the magazine industry workforce shrank from 156,212 in March 2002 to 111,126 in March 2012, the most recent month for which data are available -- a 29% drop over 10 years.
While the decline hasn’t been quite as steep as in the newspaper industry, magazine publishers have shed a substantial number of jobs over the last decade, according to the U.S. Department of Labor’s Bureau of Labor Statistics, which provides quarterly estimates of the number of people employed by periodical publishers, among other industries.
According to the BLS, the total size of the magazine industry workforce shrank from 156,212 in March 2002 to 111,126 in March 2012, the most recent month for which data are available -- a 29% drop over 10 years.
2012 Leading Media Companies
http://adage.com/print/237500
U.S. media revenue for the 100 Leading Media Companies rose 4.0% in 2011, fueled by surging growth in digital. That represents a record $340 billion in net U.S. media revenue. However, last year's percentage gain marked the lowest growth rate in a nonrecession year since Ad Age began this ranking in 1981. Digital revenue -- mostly at digital pure plays such as Google and Facebook -- jumped 19.7%. Remove digital from the equation, and Media 100 revenue rose only 2.8% in 2011. The top five magazines companies, in order, were Time Warner, Advance Publications, Hearst Corp., Meredith Corp. and Wenner Media,
U.S. media revenue for the 100 Leading Media Companies rose 4.0% in 2011, fueled by surging growth in digital. That represents a record $340 billion in net U.S. media revenue. However, last year's percentage gain marked the lowest growth rate in a nonrecession year since Ad Age began this ranking in 1981. Digital revenue -- mostly at digital pure plays such as Google and Facebook -- jumped 19.7%. Remove digital from the equation, and Media 100 revenue rose only 2.8% in 2011. The top five magazines companies, in order, were Time Warner, Advance Publications, Hearst Corp., Meredith Corp. and Wenner Media,
USA Today Announces Print Ad Contest
http://www.btobonline.com/apps/pbcs.dll/article?AID=/20121001/ADVERTISING05/310019993/usa-today-introduces-print-advertising-competition&template=printart
Gannett Co. has rolled out the 2012 USA Today Print Advertising Competition. Advertising agencies, marketers and nonprofits can submit their most creative print ad to be eligible to win up to $1 million in full-page print advertising in USA Today.
Gannett Co. has rolled out the 2012 USA Today Print Advertising Competition. Advertising agencies, marketers and nonprofits can submit their most creative print ad to be eligible to win up to $1 million in full-page print advertising in USA Today.
Media M&A Up 52% Y-t-D
http://www.btobonline.com/article/20121001/MEDIABUSINESS10/310019994/media-m-a-value-up-52-in-first-three-quarters
The number of media deals rose almost 49% during the first three quarters compared with the same period in 2011, while total value increased 52%, according to a report by media investment bank Jordan, Edmiston Group.
The 946 transactions during the first three quarters of this year had a combined value of $49.4 billion, compared with 635 deals valued at $32.5 billion during the first three quarters of 2011.
The number of media deals rose almost 49% during the first three quarters compared with the same period in 2011, while total value increased 52%, according to a report by media investment bank Jordan, Edmiston Group.
The 946 transactions during the first three quarters of this year had a combined value of $49.4 billion, compared with 635 deals valued at $32.5 billion during the first three quarters of 2011.
VSS and ZenithOptimedia Project Growth
VSS: Communications Industry to Grow 5.2% through 2016: Spending within the U.S. Communications Industry to grow at a 5.2% CAGR to $1.455 trillion by 2016, almost two times the growth rate during the past five years.
http://www.btobonline.com/apps/pbcs.dll/article?AID=/20121001/ADVERTISING13/310019989/zenithoptimedia-nielsen-release-global-ad-spending-reports&template=printart
http://www.btobonline.com/apps/pbcs.dll/article?AID=/20121001/ADVERTISING13/310019989/zenithoptimedia-nielsen-release-global-ad-spending-reports&template=printart
ZenithOptimedia lowered its global ad spending forecast to 3.8% growth this year, down from a June forecast of 4.3% growth, citing uncertainty in the eurozone.
Next year, global ad spending will grow by 4.6%, according to the report. In North America, ad spending will be up 3.6% next year, ZenithOptimedia projected.
Disney Orders 3.5 Million First Printing of Riordan Book
First Printing of 3.5 Million Copies Ordered by Disney for Rick Riordan’s Latest Book: Disney Publishing Worldwide (DPW) announced a 3.5 million first printing of “The Mark of Athena,” the third book in the best-selling “Heroes of Olympus” series by Rick Riordan. “The Mark of Athena” will be simultaneously released in hardcover and as an eBook from Disney Publishing’s Disney-Hyperion imprint, and as an audio version through Listening Library on Oct. 2, 2012.
Penton Sells 4 Brands to Access Intelligence
Access Intelligence Buys Four Marketing Brands From Penton:
Rockville, Maryland-based b-to-b media company Access Intelligence (parent company of Red 7 Media, publisher of Folio:) has purchased four of Penton Media's marketing brands. Included in the deal are Chief Marketer, Multichannel Merchant, Direct and PROMO and their associated events and digital components.
Rockville, Maryland-based b-to-b media company Access Intelligence (parent company of Red 7 Media, publisher of Folio:) has purchased four of Penton Media's marketing brands. Included in the deal are Chief Marketer, Multichannel Merchant, Direct and PROMO and their associated events and digital components.
Lee Names VP, Publishing
http://finance.yahoo.com/news/lee-enterprises-elevates-bill-masterson-143900333.html
Bill Masterson Jr., publisher of The Times Media Company of Northwest Indiana and a group publisher for Lee Enterprises, Incorporated (LEE), has been promoted to vice president of publishing.
Bill Masterson Jr., publisher of The Times Media Company of Northwest Indiana and a group publisher for Lee Enterprises, Incorporated (LEE), has been promoted to vice president of publishing.
Meredith Names Publishers
http://www.magazine.org/stephen-bohlinger-named-publisher-eatingwell
Meredith Corporation announced today that Stephen Bohlinger has been named Publisher of EatingWell. He replaces Tony Catalano, who has been promoted to Publisher of Meredith’s Special Interest Media, overseeing titles such as Diabetic Living, Kitchen and Bath Ideas, and Country Gardens among others.
Christine Guilfoyle has been promoted from Publisher of Every Day with Rachael Ray, to Group Publisher, where she will now also oversee advertising business related to both brands.
Meredith Corporation announced today that Stephen Bohlinger has been named Publisher of EatingWell. He replaces Tony Catalano, who has been promoted to Publisher of Meredith’s Special Interest Media, overseeing titles such as Diabetic Living, Kitchen and Bath Ideas, and Country Gardens among others.
Christine Guilfoyle has been promoted from Publisher of Every Day with Rachael Ray, to Group Publisher, where she will now also oversee advertising business related to both brands.
Jackie Ardey Joins Harry & David
http://finance.yahoo.com/news/harry-david-announces-senior-vice-171800399.html
Harry & David, America’s iconic gourmet gifting curators, is pleased to announce the hiring of Jackie Ardrey as Senior Vice President, Merchandising. Jackie will join the Senior Leadership Team and be responsible for developing and managing overall merchandising, assortment and supply strategy. She will provide merchandising and supply management leadership across all channels of distribution, including catalog, internet, retail and wholesale.
Jackie’s background includes more than 20 years merchandising experience in multi-channel retail companies. From 1998 to present she worked at Hanna Andersson, a multi-channel children’s apparel retailer.
Harry & David, America’s iconic gourmet gifting curators, is pleased to announce the hiring of Jackie Ardrey as Senior Vice President, Merchandising. Jackie will join the Senior Leadership Team and be responsible for developing and managing overall merchandising, assortment and supply strategy. She will provide merchandising and supply management leadership across all channels of distribution, including catalog, internet, retail and wholesale.
Jackie’s background includes more than 20 years merchandising experience in multi-channel retail companies. From 1998 to present she worked at Hanna Andersson, a multi-channel children’s apparel retailer.
RRD Signs Agreement with Guideposts
RR Donnelley Awarded New Multi-Year Print Management Agreement by Guideposts:
R. R. Donnelley & Sons Company today announced that it has been awarded a new multi-year multi-million dollar enterprise-wide print management agreement by Guideposts, a leading nonprofit organization whose products and services inspire, encourage and uplift.
R. R. Donnelley & Sons Company today announced that it has been awarded a new multi-year multi-million dollar enterprise-wide print management agreement by Guideposts, a leading nonprofit organization whose products and services inspire, encourage and uplift.
Kodak Asks for Extension, Will Exit Inkjet Market
Kodak to Exit Consumer Inkjet Market: Requests to extend exclusive right to file plan of reorganization, outlines demonstrated progress in restructuringEastman Kodak Company will highlight its restructuring accomplishments to date in a motion it plans to submit today to the Bankruptcy Court to extend until February 28, 2013, its exclusive right to file a plan of reorganization. The extension will assist the company as it continues its progress toward successful emergence in the first half of 2013...Kodak has continued to manage its Consumer Inkjet business for profitability, and the company announced today that, starting in 2013, it will focus that business on the sale of ink to its installed base, and wind down sales of consumer inkjet printers.
Cenveo Signs With SoftSolutions
Cenveo Commits to Enterprise-Wide Rollout of SoftSolutions’ Management System: SoftSolutions Inc. has signed an agreement with Cenveo Inc. to supply its award winning Flex integration platform to automate shop floor data collection, process management and ERP integration across Cenveo’s enterprise platform.
Subscribe to:
Posts (Atom)