Tuesday, June 18, 2013

Stora Enso to Cut 2,500 Jobs

On 23 April 2013 Stora Enso announced new plans to simplify and streamline its operations to focus its different businesses, simplify its operations and enable greater focus on growth in value-creating businesses. The potential EUR 200 million annual Group fixed cost reduction from actual costs in year 2012 to second quarter 2014 run rate will include the earlier announced EUR 30 million streamlining of the Building and Living Business Area. All plans are subject to co-determination negotiations in the local units.
The EUR 200 million plans do not include any capacity reduction actions. In addition to the EUR 200 million, the effect of previously announced cost and capacity reduction actions between 2012 and the second quarter of 2014 will be EUR 75 million per year.

Condé Nast Changes Glamour Leadership

Connie Anne Phillips Returns as Publisher Condé Nast has shaken up its longstanding publishing leadership at Glamour, historically its most profitable brand but one that's seen unevenness in recent years. Former InStyle and Vogue sales exec Connie Anne Phillips was named vp, publisher, replacing veteran publisher Bill Wackermann.
Wackermann, a polarizing figure but one known for his showmanship and repositioning expertise, has led Glamour to record-breaking results. At one time, he had oversight for other titles in addition to Glamour, including Details, Bon Appétit and Brides. But Glamour has faced stepped up competition for the young female consumer from archrival Hearst Magazines, now under the leadership of ex-Condé Nast executive David Carey. Glamour's ad page growth was flat in the first three months of the year, per Publishers Information Bureau. Outside of ad sales, it hasn't helped that the newsstand-reliant Glamour has struggled with single copy sales.

Lucky EIC Steps Down

Condé Nast's Lucky is continuing a leadership shake-up at Lucky with the announcement today that editor-in-chief Brandon Holley has stepped down and will be replaced by Eva Chen, who was most recently working with Condé Nast artistic director Anna Wintour as a consultant to the brand.
Lucky began a restructuring early this year when Gillian Gorman Round left her corporate position of senior vice president, brand development to focus on the magazine as its general manager.

"Golden Age of Magazine Publishing"?

An upscale men's magazine decided to praise their favorite magazine editors' work, declaring boldly a "New Golden Age" on its cover. Except there's one small diversity problem: all the editors basking in this new golden age are white dudes.  
Citing a rise in magazine launches and advertising sales, Port magazine editor-in-chief Dan Crowe felt it was time to make a statement about the publishing world he operates in. "There is no doubt about it: we are entering a new golden age of magazine publishing, an age where the magazine is supported by the website and app," he writes. The Internet didn't kill the magazine like everyone thought it would. In fact, he argues, it's doing the opposite. "It’s this ‘support’ that people thought would be the death of the magazine. In fact, with the ‘cross media platform’ working well, it’s formidable to have a magazine, a format that readers and advertisers still adore." So he decided to single out the work of some editors he admires: GQ editor Jim Nelson, Wired editor Scott Dadich, Vanity Fair editor Graydon Carter, The New York Times Magazine editor Hugo Lindgren, Bloomberg Businessweek editor Josh Tyrangiel and New York editor Adam Moss.

Printers Fighting Move to Digital Drug Facts

A Simi Valley pharmaceutical printing company is challenging language in a congressional bill that would eliminate paper drug inserts for health care professionals and cut into its business.
Tacked onto a bipartisan House bill focused on protecting America's pharmaceutical distribution chain from counterfeits is a section that would limit the availability of printed prescription drug information for health care professionals.

Biomass Essential to California's Goals

Biofuels developed from plant biomass and purpose-grown crops can substantially move California toward its ambitious energy goals, a new report says, but only through the wise allocation of feedstocks and the success of energy efficiency measures throughout the state.
That’s the conclusion of “California Energy Future: the Potential for Biofuels,” a report of the California Council on Science and Technology (CCST) co-authored by Energy Biosciences Institute scientists Heather Youngs and Chris Somerville. The study is one of seven produced by the CCST's California's Energy Future Committee, which was tasked with understanding how the state can meet aggressive reductions in greenhouse gas (GHG) emissions required by California policy by 2050.

US/Cuba in Talks to Resume Mail Service

The United States and Cuba will resume talks this week on restarting direct mail service despite a deadlock between Washington and Havana over detainees that has largely stalled most rapprochement efforts, a U.S. official said Monday.
U.S. and Cuban diplomats and postal representatives will meet in Washington on Tuesday and Wednesday for technical talks aimed at ending a 50-year suspension in direct mail between the United States and the communist island. The official spoke on condition of anonymity because he was not authorized to speak to the matter publicly before Congress is notified. Lawmakers were to be notified of the meetings starting Monday morning, the official said.

Ad Spending to Reach $517 Billion

Worldwide ad spending to reach $517B this year:
Ad spending globally will hit $517.0 billion this year, up 2.8% over 2012, according to a report from eMarketer.
The spending forecast, which includes such channels as digital (including mobile), directories, magazines, newspapers, outdoor, radio and TV, will slow a bit from last year's 4.4% climb. That increase was boosted in part by the Olympics, eMarketer said. The fastest growth in spending this year will come from emerging markets in Central and Eastern Europe, with an expected increase of 8.0%, and Latin America, forecast to rise 7.5%.
Ad spending globally will hit $517.0 billion this year, up 2.8% over 2012, according to a report from eMarketer.
The spending forecast, which includes such channels as digital (including mobile), directories, magazines, newspapers, outdoor, radio and TV, will slow a bit from last year's 4.4% climb. That increase was boosted in part by the Olympics, eMarketer said. The fastest growth in spending this year will come from emerging markets in Central and Eastern Europe, with an expected increase of 8.0%, and Latin America, forecast to rise 7.5%.
- See more at: http://www.btobonline.com/apps/pbcs.dll/article?AID=/20130617/ADVERTISING13/306179997/1728/rss01&rssfeed=rss01#sthash.48IhJL48.dpuf
Ad spending globally will hit $517.0 billion this year, up 2.8% over 2012, according to a report from eMarketer.
The spending forecast, which includes such channels as digital (including mobile), directories, magazines, newspapers, outdoor, radio and TV, will slow a bit from last year's 4.4% climb. That increase was boosted in part by the Olympics, eMarketer said. The fastest growth in spending this year will come from emerging markets in Central and Eastern Europe, with an expected increase of 8.0%, and Latin America, forecast to rise 7.5%.
- See more at: http://www.btobonline.com/apps/pbcs.dll/article?AID=/20130617/ADVERTISING13/306179997/1728/rss01&rssfeed=rss01#sthash.48IhJL48.dpuf
Ad spending globally will hit $517.0 billion this year, up 2.8% over 2012, according to a report from eMarketer.
The spending forecast, which includes such channels as digital (including mobile), directories, magazines, newspapers, outdoor, radio and TV, will slow a bit from last year's 4.4% climb. That increase was boosted in part by the Olympics, eMarketer said. The fastest growth in spending this year will come from emerging markets in Central and Eastern Europe, with an expected increase of 8.0%, and Latin America, forecast to rise 7.5%.
- See more at: http://www.btobonline.com/apps/pbcs.dll/article?AID=/20130617/ADVERTISING13/306179997/1728/rss01&rssfeed=rss01#sthash.48IhJL48.dpuf
Ad spending globally will hit $517.0 billion this year, up 2.8% over 2012, according to a report from eMarketer.
The spending forecast, which includes such channels as digital (including mobile), directories, magazines, newspapers, outdoor, radio and TV, will slow a bit from last year's 4.4% climb. That increase was boosted in part by the Olympics, eMarketer said. The fastest growth in spending this year will come from emerging markets in Central and Eastern Europe, with an expected increase of 8.0%, and Latin America, forecast to rise 7.5%.
- See more at: http://www.btobonline.com/apps/pbcs.dll/article?AID=/20130617/ADVERTISING13/306179997/1728/rss01&rssfeed=rss01#sthash.48IhJL48.dpuf

Swift Transition to a Greener Economy

Swift transition to a green economy
The International Council of Forest and Paper Associations (ICFPA) has released its 2013 Sustainability Progress Report showing improvements on a range of sustainability indicators and focusing on the industry’s contributions toward a green economy. The report was released during the sixth biennial international CEOs Roundtable organized by the International Council of Forest and Paper Associations (ICFPA), which took place in São Paulo, Brazil in June.  

Green Printer Report: Leaders in Forest Conservation

Green Printer Report Profiles Leaders in Forest Conservation: Large-volume paper users, including Sprint and over 700 publishers and printers with ecopaper policies in place, are welcoming today’s release by Canopy of "North America’s 2013 Green Print Leadership Report," a resource that will help them meet corporate sustainability goals. The conservation group’s ‘first of its kind’ report identifies North American printers taking steps to go beyond the basics on environmentally responsible paper sourcing. The report profiles printer leaders engaging in procurement policy development, forest conservation initiatives and voluntary sustainability reporting.

Green Print Leadership Report and Survey

North America’s Green Print Leadership Report and Survey: Backgrounder: Canopy’s search for North America’s Green Print Leaders culminates with today’s launch of the first ever "North America's 2013 Green Print Leadership Report." Companies that use printers have long wanted to know how their printers perform in the realms of ecopaper procurement, transparent reporting, leading sustainability policies and engagement to forward forest protection on the ground. Canopy’s 2013 Report is designed to demystify the information on sustainable practices and shine a spotlight on printers that have distinguished themselves in this growing field of endeavor.