ABM Predicts 2.56% Postal Increase for Magazines

http://www.btobonline.com/article/20121019/MEDIABUSINESS10/310199994/abm-forecasts-postal-rates-for-periodicals-will-increase-2-56-in-2013
American Business Media is projecting that periodicals will face a 2.56% increase in postal rates next year.

The increase, pending approval by the Postal Regulatory Commission, will take effect Jan. 27.
Jack Widener, postal counsel for ABM, said in an email to members that the USPS also announced it has for the first time hit its borrowing limit of $15 billion. The agency said it will have to rely on revenue from stamps and other products to fund operations.

Silence on Catalyst Elk Falls Sale

http://www.campbellrivermirror.com/news/174841841.html

With just hours to go before the third Catalyst Paper Elk Falls Mill site sale deadline, both the seller, Catalyst Paper, and the buyer, Alberta developer Harold Jahn, are observing a stony silence.
This is nothing new for Catalyst Paper which has not answered a Mirror phone call since mid-September. On Oct. 4 Jahn said his $8.6 million deal to buy the abandoned Catalyst Mill site would close today, Oct. 19, and he would be on site next week doing business.
Two earlier sale closure dates, Sept. 5 and 19, were missed since the deal was announced in August.

Woodlot Owners: Port Hawkesbury Paper’s Prices Too Low

Private woodlot owners say Port Hawkesbury Paper’s prices are too low to survive:
The private woodlot owners supplying the Port Hawkesbury Paper mill in Cape Breton, Nova Scotia are saying the prices the mill is paying for wood is too low for their businesses to survive.
Bill McCarthy, President of North Inverness Forest Management Limited, feels like the victim of school yard bullying after seeing the mill’s buying policy.
When wood buyers from the mill met with the organization’s manager, Clifton Sangster, last week, they discovered Port Hawkesbury Paper is offering just $43/tonne delivered roadside for 8 foot wood and $40/tonne for random length wood.  McCarthy said that “when NewPage shut down the mill in August 2011, they were paying us $50 to $55 per tonne roadside for our wood.”

IP & Vermont Gas Announce Pact

http://www.addisonindependent.com/201210vt-gas-systems-and-international-paper-fund-gas-pipeline-extension-ticonderoga-mill

Vermont Gas Systems and International Paper Co. on Wednesday announced a $70 million pact through which the South Burlington-based utility would supply natural gas to the paper company's Ticonderoga, N.Y., mill as soon as 2015.

Q3 Magazine Ad Pages Down 8%

http://www.mediapost.com/publications/article/185510/mag-bag-ad-pages-continue-to-fall.html

2012 is shaping up to be another lousy year for consumer magazines, at least as far as print advertising is concerned. According to the latest quarterly tally from the Publishers Information Bureau, total ad pages fell 8% to 36,059 in the third quarter of this year. That follows similar declines in the first and second quarters of the year; in the first nine months of 2012, ad pages are down 8.6% to 110,843.

Q2 Global Advertising Up 2.7%

http://www.mediapost.com/publications/article/185474/global-ad-dollars-up-tv-leads-internet-rises.html 
Internet, outdoor, and TV continued to be the top media categories making gains globally in advertising dollars.
For the second quarter, Nielsen’s Global AdView Pulse says Internet advertising rose 7.2%; radio gained 6.6%; outdoor was up 4.7%; and TV added on 3.1%. TV holds the biggest share of advertising dollars globally at 61%. Overall, global advertising growth is up 2.7% for the second quarter.

Terry McDonell Leaves Time's SI

http://www.adweek.com/news/press/terry-mcdonell-steps-down-editor-time-inc-sports-group-144568

Terry McDonell’s reign as editor of Sports Illustrated and the Time Inc. Sports Group has finally come to an end [1]. According to Time Inc. editor in chief John Huey, who announced the news in a company-wide email earlier today, McDonell started searching for his replacement over the summer and will now become a senior adviser for the company, “concentrating on digital projects he has in incubation.”

Time Out New York & CourseHorse with New Offer

Time Out New York Partners With Start-Up for Online Course Offering:
City and regional publication Time Out New York is giving readers access to more information, and not just through its editorial content. Parent company Time Out Group has entered into the local class discovery market—its New York edition has struck a strategic partnership with Internet startup CourseHorse to deliver local educational listings and discounts.

Switching to Digital Magazines a Challenge

http://gigaom.com/2012/10/15/switching-consumers-to-digital-books-is-hard-enough-get-ready-for-magazines/

Russ Grandinetti, vice president for Kindle content for Amazon, spoke to magazine publishers and editors Monday in San Francisco, where he talked about the particular challenges facing their industry as they slowly move toward digital platforms for publishing and editing.

eBooks, Music & Films Thrive; Not Magazines

http://mediatel.co.uk/newsline/2012/10/16/why-have-digital-magazines-failed-when-ebooks-music-and-films-are-thriving/

Circulation of digital magazines in the US doubled in the first half of 2012 compared with the same period in 2011, according to ABC figures. Forgive me if I'm not jumping for joy or loudly proclaiming the death of print: digital titles still account for just 1.7% of total magazine circulation.
One by one, the content industries have undergone their own digital revolutions, starting with the music industry and moving on to books and film. In each case, the catalyst was a business from outside the industry throwing a grenade into what was quite frankly a stagnating pond.

Google Blaming RRD for Early Release

RR Donnelley blamed as premature Google filing wipes $20bn off shares:
The incomplete results statement revealed a 20% slide in Google's quarterly profits to $2.2bn (£1.4bn), missing analysts' estimates and sparking a flurry of trading that wiped nearly $20bn off the company's market value before trading was suspended.
Google placed the blame firmly on RR Donnelley in a statement released shortly after the blunder. It said: "Earlier this morning RR Donnelley, the financial printer, informed us that they had filed our draft 8K earnings statement without authorization.
Tom Quinlan, chief executive of RR Donnelley told the Wall Street Journal that "human error" was responsible for the early SEC filing, which he added was "not common in our world".
RR Donnelley, which files more than 100,000 documents each year, said in a statement that it would be investigating the situation.