The “post-PC” era may not have an official starting point, but this may have to do for now. According to NPD DisplaySearch, this is the season in which tablet sales will finally outpace laptop sales in the U.S. market. Senior Analyst Richard Shim writes in the company blog this week that in Q4 tablet shipments will hit 21.5 million units -- not only matching but far surpassing the 14.6 million projected for notebook sales. “Starting in 2013 in North America, tablet shipments are expected to exceed notebook shipments on an annual basis for the first time,” he writes. On a global basis, notebooks will still out-ship tablets until 2015.
Wednesday, November 21, 2012
Tablet Sales To Overtake Laptops This Season
http://www.mediapost.com/publications/article/187728/tablet-sales-to-overtake-laptops-this-season.html#axzz2CrkXvVqB
The “post-PC” era may not have an official starting point, but this may have to do for now. According to NPD DisplaySearch, this is the season in which tablet sales will finally outpace laptop sales in the U.S. market. Senior Analyst Richard Shim writes in the company blog this week that in Q4 tablet shipments will hit 21.5 million units -- not only matching but far surpassing the 14.6 million projected for notebook sales. “Starting in 2013 in North America, tablet shipments are expected to exceed notebook shipments on an annual basis for the first time,” he writes. On a global basis, notebooks will still out-ship tablets until 2015.
The “post-PC” era may not have an official starting point, but this may have to do for now. According to NPD DisplaySearch, this is the season in which tablet sales will finally outpace laptop sales in the U.S. market. Senior Analyst Richard Shim writes in the company blog this week that in Q4 tablet shipments will hit 21.5 million units -- not only matching but far surpassing the 14.6 million projected for notebook sales. “Starting in 2013 in North America, tablet shipments are expected to exceed notebook shipments on an annual basis for the first time,” he writes. On a global basis, notebooks will still out-ship tablets until 2015.
AAM-Ditital-Only Pubs And New Requirements
http://www.adweek.com/news/press/pubs-go-digital-only-face-new-requirements-145329
Newsweek might have been the most high-profile magazine to go digital-only, but it's probably not the last. And so the Alliance for Audited Media—as the Audit Bureau of Circulations has renamed itself—has endorsed new guidelines for print publications that go digital-only. The new guidelines, adopted at the AAM's Nov. 14-16 board meeting, say that when a publication makes that transition, it must give subscribers the option of receiving the digital subscription; converting to another print publication; or receiving a refund for the remainder of the subscription. The Newsweek announcement was a catalyst for the move.
Newsweek might have been the most high-profile magazine to go digital-only, but it's probably not the last. And so the Alliance for Audited Media—as the Audit Bureau of Circulations has renamed itself—has endorsed new guidelines for print publications that go digital-only. The new guidelines, adopted at the AAM's Nov. 14-16 board meeting, say that when a publication makes that transition, it must give subscribers the option of receiving the digital subscription; converting to another print publication; or receiving a refund for the remainder of the subscription. The Newsweek announcement was a catalyst for the move.
News Corp Eyes Simon & Schuster
http://online.wsj.com/article/SB10001424127887324851704578131420027504306.html
News Corp NWSA 0.40%., owner of HarperCollins Publishers, has expressed interest to CBS Corp. CBS -0.09% about acquiring its Simon & Schuster book business, according to people familiar with the talks.The people described the discussions as preliminary and cautioned that a deal isn't imminent. News Corp. owns Dow Jones & Co., which publishes The Wall Street Journal.
News Corp NWSA 0.40%., owner of HarperCollins Publishers, has expressed interest to CBS Corp. CBS -0.09% about acquiring its Simon & Schuster book business, according to people familiar with the talks.The people described the discussions as preliminary and cautioned that a deal isn't imminent. News Corp. owns Dow Jones & Co., which publishes The Wall Street Journal.
e-books And The Chinese e-market
http://usa.chinadaily.com.cn/culture/2012-11/20/content_15944008.htm
Markus Dohle, chairman and CEO of Random House, says that to fit into the global trend of digital transformation, the Chinese e-market should not get too used to low-priced content but offer e-books with a premium price that readers will buy. While the US market started with digital content and devices, and then the premium-price segment followed naturally, the Chinese market lacks such premium content. "The Chinese market is the one with growing importance, but its existing business mode and pattern are different from any other market we're operating in," Dohle says during his first-time visit to China in late October. "Print will always be important - no matter the percentage of profit split," he says, "while digital becomes more and more important."
Markus Dohle, chairman and CEO of Random House, says that to fit into the global trend of digital transformation, the Chinese e-market should not get too used to low-priced content but offer e-books with a premium price that readers will buy. While the US market started with digital content and devices, and then the premium-price segment followed naturally, the Chinese market lacks such premium content. "The Chinese market is the one with growing importance, but its existing business mode and pattern are different from any other market we're operating in," Dohle says during his first-time visit to China in late October. "Print will always be important - no matter the percentage of profit split," he says, "while digital becomes more and more important."
Tuesday, November 20, 2012
The Story of Mill Towns in a Changing Industry
http://www.startribune.com/business/179601951.html?refer=y&refer=y
The North American paper industry is in rapid decline. Historically a bulwark in the forests of Minnesota, mills have cut thousands of workers and are competing for a shrinking market. A mill in Sartell that closed this year after a Memorial Day explosion was the latest to go dark.
The North American paper industry is in rapid decline. Historically a bulwark in the forests of Minnesota, mills have cut thousands of workers and are competing for a shrinking market. A mill in Sartell that closed this year after a Memorial Day explosion was the latest to go dark.
River towns in the forest from eastern Washington to the coast of Maine have lost more than a hundred paper mills in a wave of consolidation in little more than a decade -- a trend most people in the industry expect to continue. Wisconsin has lost nine paper mills since 2005.
Graphic Packaging Buys Contego's Food Carton Business
Graphic Packaging Holding Company Agrees to Acquire Contego's European Food Carton Business:
Graphic Packaging Holding Company (NYSE: GPK), a leading provider of packaging solutions to food, beverage and other consumer products companies, announced an agreement to acquire Contego Cartons, a leading food and consumer product packaging company based in the United Kingdom. Contego is owned by Platinum Equity.
Graphic Packaging Holding Company (NYSE: GPK), a leading provider of packaging solutions to food, beverage and other consumer products companies, announced an agreement to acquire Contego Cartons, a leading food and consumer product packaging company based in the United Kingdom. Contego is owned by Platinum Equity.
RDA Reports Q3 Results
RDA Revenues Drop by $82 Million in Q3:
The Reader’s Digest Association, Inc. had a rough third quarter, at least according to its financial results released Tuesday—revenue decreased $82.3 million to $230.1 million, a decline of 26.3 percent from the same period in 2011.
The results show that there was some improvement, with the losses narrowing by $2.8 million on a normalized basis. The revenue declines, the company says, were primarily due to a lower active customer base on books and home entertainment products, and a reduction in promotional investment across Europe and Asia, among other things.
The Reader’s Digest Association, Inc. had a rough third quarter, at least according to its financial results released Tuesday—revenue decreased $82.3 million to $230.1 million, a decline of 26.3 percent from the same period in 2011.
The results show that there was some improvement, with the losses narrowing by $2.8 million on a normalized basis. The revenue declines, the company says, were primarily due to a lower active customer base on books and home entertainment products, and a reduction in promotional investment across Europe and Asia, among other things.
David Zinczenko to Leave Rodale
David Zinczenko to Leave Rodale:
David Zinczenko, senior vice president and editor-in-chief of Men's Health, is leaving Rodale, the company has confirmed following a report by New York Post's Keith Kelly. Rodale says the decision was mutal to not renew his contract at the end of the year.
David Zinczenko, senior vice president and editor-in-chief of Men's Health, is leaving Rodale, the company has confirmed following a report by New York Post's Keith Kelly. Rodale says the decision was mutal to not renew his contract at the end of the year.
Have Publishers Let Competitors Position Their Media?
Have Publishers Let Competitors Position Their Media?:
Media buyers who buy the products publishers sell now divide the media they manage into three categories.
Earned media, largely social media where organizations "earn" exposure by posting content on services like Facebook, LinkedIn, or Twitter.
Owned media, media a marketer owns like their company website, newsletter, or blog.
Paid media, third party media, which is most of what publishers sell to marketers.
How did this happen? These category names came into common use around 2008 when social media was being added to media budgets. With the need to contrast social media with traditional media, the social media centric thinking of the time renamed traditional media as it contrasts to social, suddenly we became "paid media." This label casts a negative implication every time it is used.
Media buyers who buy the products publishers sell now divide the media they manage into three categories.
Earned media, largely social media where organizations "earn" exposure by posting content on services like Facebook, LinkedIn, or Twitter.
Owned media, media a marketer owns like their company website, newsletter, or blog.
Paid media, third party media, which is most of what publishers sell to marketers.
How did this happen? These category names came into common use around 2008 when social media was being added to media budgets. With the need to contrast social media with traditional media, the social media centric thinking of the time renamed traditional media as it contrasts to social, suddenly we became "paid media." This label casts a negative implication every time it is used.
2012 Ad Growth Projection at 5.9%
A
Wall Street firm has increased its growth projection for the overall U.S. ad
business for 2012, bumping it up from 4.9% to 5.9%. Big drivers include local
TV stations and cable outlets, which drew huge revenues from political
campaigns.
Time May See Editor-in-Chief Change
Martha Nelson, a veteran of People and InStyle who is currently the No. 2 as the editorial director of the company, is expected to move into the top spot.
Advance May Cut Newspaper's Delivery Schedule
Monday, November 19, 2012
Wausau Paper Begins Brainerd Lay Offs
Wausau Paper lays off a third of workforce at Brainerd, MN, mill as its exits printing/writing [From the web]: Nearly eight years to the day after Wausau Paper began production at the Brainerd mill, it announced the end of its print paper production here - meaning layoffs for 48 hourly and seven salary employees. The mill currently employs 137 hourly staff and 34 salary workers.
Wausau Paper reports this layoff is the impact as the company leaves the last vestiges of its print business.
Wausau Paper reports this layoff is the impact as the company leaves the last vestiges of its print business.
AF&PA Reports October Paperboard Ships
American Forest & Paper Association Releases October 2012 Paperboard Statistics Report: (USA) The American Forest & Paper Association released its October 2012 U.S. Paperboard Statistics Report today. Total boxboard production increased by 2.6 percent compared to October 2011 and increased 0.5 percent from last month. Unbleached Kraft Boxboard production decreased over the same month last year and decreased compared to last month. Total Solid Bleached Boxboard & Liner production increased compared to October 2011 and increased compared to last month. The production of Recycled Boxboard increased compared to October 2011 and increased when compared to last month.
AF&PA Reports October Containerboard Ships
American Forest & Paper Association Releases October 2012 Containerboard Statistics Report: (USA) The American Forest & Paper Association released its October 2012 U. S. Containerboard Statistics Report today. Containerboard production rose 2.6 percent over September 2012 and 0.5 percent compared to the same month last year. The month-over-month average daily production decreased 0.7 percent. The containerboard operating rate for October 2012 gained 0.1 points over September 2012, increasing from 96 percent to 96.1 percent.
Boise Cascade Files for Proposed IPO
Boise Cascade, L.L.C. Files Registration Statement For Proposed Initial Public Offering: (USA) Boise Cascade, L.L.C. (to be renamed Boise Cascade Company) ("Boise Cascade”) announced today that it has filed a registration statement on Form S-1 with the Securities and Exchange Commission (the “Commission”) relating to the proposed initial public offering of its common stock. The number of shares to be offered and the price range for the offering have not yet been determined.
Finnish/Russian Trade Relations Remain Strained
Whether the day-long discussions and negotiations will bring other concrete results, remains to be seen. What became clear was that both countries want investments from each other.
In theory, Russia’s membership in the World Trade Organization makes the country more predictable for investors, as the membership requires Russia to comply with the rules and regulations of international trade.
USPS Cash on Hand Equals 1 Week's Pay
http://www.businessweek.com/news/2012-11-16/postal-service-drain-leaves-week-s-pay-as-paltry-cushion
That shows how close to the edge the mail and package agency is, as it appeals to Congress to allow major cost cuts it can’t implement on its own.
“It’s a pretty dire situation,” said Kevin Sterling, a BB&T Capital Markets analyst who follows freight-delivery companies including FedEx Corp. and United Parcel Service Inc. (UPS) that compete with the Postal Service.
Condé Nast Raising Rate Base of 4 Titles
http://www.wwd.com/media-news/media-features/cond-nasts-digital-push-6488218?gnewsid=1db75d1587edc411182ceba149e51dc1
Condé Nast chief executive officer Charles Townsend at a recent interview with the Paley Center vaguely alluded to an upcoming rate-base hike in four of the publisher’s magazines. “That’s an incredible move,” he said.
At the time, only Wired had revealed the circulation increase. Condé Nast has now confirmed the others: The New Yorker, Details and Allure, which is promising advertisers it will now reach 1.1 million readers.
“Our print business has been growing faster than anyone’s. But this is four brands that are raising their rate base,” Condé president Bob Sauerberg said. “It is a bold thing to do.”
Condé Nast chief executive officer Charles Townsend at a recent interview with the Paley Center vaguely alluded to an upcoming rate-base hike in four of the publisher’s magazines. “That’s an incredible move,” he said.
At the time, only Wired had revealed the circulation increase. Condé Nast has now confirmed the others: The New Yorker, Details and Allure, which is promising advertisers it will now reach 1.1 million readers.
“Our print business has been growing faster than anyone’s. But this is four brands that are raising their rate base,” Condé president Bob Sauerberg said. “It is a bold thing to do.”
21% BPA Memebrs' Circ is Digital
A total of 532 BPA print titles reported digital circulation for the June 2012 cycle, a 6.4% increase compared to the December 2011 period, and continuing an upward trend as more print publishers move subscribers over to the digital side. As of this analysis, nearly one third (32.4%) of all magazine titles (b-to-b and consumer) are reporting digital circulation on their BPA statements and reports.
Quad/Graphics & Vertis Deal Moves Forward
Friday, November 16, 2012
AF&PA: Oct. Kraft Paper, Boxboard Ships
The American Forest & Paper Association released its
October 2012 Kraft Paper Sector Statistics Report today.
Total Kraft paper shipments were 128.3 thousand tons, a
decrease of 5 percent compared to the prior month. Total inventory was 72.9
thousand tons this month. Both unbleached and bleached Kraft shipments
decreased year over year.
Total boxboard production increased by 2.6 percent compared to October 2011 and increased 0.5 percent from last month.
Verso Gets $84 Million Sartell Payment
The company received $40 million during the third quarter, for which results were reported Tuesday, and has subsequently settled for another $44 million and concluded the insurance process.
Meanwhile, the company also has paid out about $16.3 million in severance and benefits to some of the 260 displaced workers through the third quarter, with more yet to come.
Resolute Increases FSC Certification to 65%
Resolute Forest Products increases FSC Certification to 65% of its managed forestland:
Resolute Forest Products has certified an additional 3.5 million hectares of company-managed forestlands in Quebec to Forest Stewardship Council® (FSC) standards.
These new certifications raise the total area of Resolute tenures that are FSC-certified in North America to 15.8 million hectares, an area larger than Greece and twice the size of Ireland.
Resolute Forest Products has certified an additional 3.5 million hectares of company-managed forestlands in Quebec to Forest Stewardship Council® (FSC) standards.
These new certifications raise the total area of Resolute tenures that are FSC-certified in North America to 15.8 million hectares, an area larger than Greece and twice the size of Ireland.
UK Study: Higher ROI with Print Ads
Print beats TV in advertising ROI stakes:
The publisher's AdValue study, which was collated from an analysis of sales and media data based on both consumer panels and econometrics, found that advertising in magazines led to an 8% average increase in spend per consumer household.
According to the study, carried out by market research firm Nielsen, magazines give advertisers a better rate of ROI on ad spend than TV. IPC's portfolio of print titles alone reaches nearly two-thirds of UK women and 42% of men (almost 26 million adults); while its websites reach over 20 million users every month.
The publisher's AdValue study, which was collated from an analysis of sales and media data based on both consumer panels and econometrics, found that advertising in magazines led to an 8% average increase in spend per consumer household.
According to the study, carried out by market research firm Nielsen, magazines give advertisers a better rate of ROI on ad spend than TV. IPC's portfolio of print titles alone reaches nearly two-thirds of UK women and 42% of men (almost 26 million adults); while its websites reach over 20 million users every month.
Wired Names Editor-In-Chief
Wired Names Scott Dadich Editor-In-Chief:
Just two weeks after it was announced that Chris Anderson was stepping down as Wired's editor-in-chief to become CEO of 3D Robotics, a company he co-founded several years ago, Condé Nast has named Scott Dadich as the brand's new top editor.
Just two weeks after it was announced that Chris Anderson was stepping down as Wired's editor-in-chief to become CEO of 3D Robotics, a company he co-founded several years ago, Condé Nast has named Scott Dadich as the brand's new top editor.
"People" Launches Social Platform
People Magazine Launches Custom Social Platform:
As more and more women turn to social media for information and interaction, so is People magazine. The Time Inc. title has launched “Your Turn” within its website—its own social platform that allows users to contribute to and share with People.com.
As more and more women turn to social media for information and interaction, so is People magazine. The Time Inc. title has launched “Your Turn” within its website—its own social platform that allows users to contribute to and share with People.com.
Discussion: Privatization of USPS
Should the USPS be privatized?: Even as Congress dawdles and plays political football, privatization of the USPS gains little appeal.
Retail Sector Outlook
37% Will Invest In Their Business In The Coming Year
51% Will Use Social Media To Grow Their Business
60% Believe The Presidential Election Will Significantly Impact Their Business
71% Favor Change in Tax Policy to Spur New Hiring
"Made in USA" Preferred by 80% in US, 60% in China
More than 80 percent of U.S. consumers and, perhaps more surprising, over 60 percent of Chinese consumers say that they are willing to pay more for products labeled “Made in USA” than for those labeled “Made in China,” according to new research released today by The Boston Consulting Group (BCG).
In September, BCG surveyed more than 5,000 consumers in the U.S., China, Germany, and France regarding their attitudes toward the value of the Made in USA brand and their actual buying behavior. The results reveal that U.S. consumers will pay a premium for the Made in USA brand across a broad range of product categories, although the premium varies significantly depending on the category.
Ventana Research Tech Innovation Award to RRD
RR Donnelley Earns Ventana Research Technology Innovation Award: RRD ActiveDisclosure(SM) Governance Risk and Compliance Solution Recognized for Innovation; Gives Financial Teams Greater Control Over Disclosure Management ProcessCHICAGO, - R. R. Donnelley & Sons Company today announced that its RRD ActiveDisclosureSM system has been recognized as a winner in the 2012 Ventana Research Technology Innovation Awards.
Thursday, November 15, 2012
Tembec Reports Q4 Results
Tembec reports a net loss of $47 million in its 4th quarter, ending September 29, 2012:
Tembec is reporting a net loss of $47 million in its 4th quarter, ending September 29, 2012 on consolidated sales of $443 million.
Sales were up compared to $421 million in the same quarter last year. Reported net loss in the same quarter last year was $17 million.
The results from the last quarter include a non-cash asset impairment charge of $50 million relating to the recently idled Chetwynd, British Columbia, pulp mill.
Operating earnings before depreciation, amortization and other items (adjusted EBITDA) was $23 million for the quarter, as compared to adjusted EBITDA of $19 million a year ago and adjusted EBITDA of $27 million in the prior quarter.
Tembec is reporting a net loss of $47 million in its 4th quarter, ending September 29, 2012 on consolidated sales of $443 million.
Sales were up compared to $421 million in the same quarter last year. Reported net loss in the same quarter last year was $17 million.
The results from the last quarter include a non-cash asset impairment charge of $50 million relating to the recently idled Chetwynd, British Columbia, pulp mill.
Operating earnings before depreciation, amortization and other items (adjusted EBITDA) was $23 million for the quarter, as compared to adjusted EBITDA of $19 million a year ago and adjusted EBITDA of $27 million in the prior quarter.
Atlantic to Reopen Mill, Make Recylcled Pack. Paper
Atlantic Packaging plans to reopen Whitby, Ontario mill:
Atlantic Packaging Products plans to re-open their Whitby, Ontario mill in March of 2013.
The former newsprint mill has been upgraded with technology that will allow Atlantic Packaging to produce 100% recycled lightweight paper used to manufacture high performance corrugated packaging products.
Atlantic Packaging Products plans to re-open their Whitby, Ontario mill in March of 2013.
The former newsprint mill has been upgraded with technology that will allow Atlantic Packaging to produce 100% recycled lightweight paper used to manufacture high performance corrugated packaging products.
Catalyst Paper Receives Conditional Approval
Catalyst Paper Receives Conditional Approval for Listing of New Common Shares on TSX: (CANADA) Catalyst Paper announced today that it has received conditional approval for the listing of its new common shares on the Toronto Stock Exchange.
NS Export Growth to Lead Country, Port Hawk Fuels Forest Sector
Export Development Canada's
(EDC) forecast for Nova Scotia's export growth calls for a rebound of 17 per
cent in 2013 after a 14 per cent decline this year.
"Nova Scotia's export
growth will lead the country in 2013 with a jump of 17 per cent, driven by a
more positive outlook for the natural gas sector, paper mills coming back on
line and improved U.S. demand," said Peter Hall, Chief Economist, EDC.
"Next year's growth is a relief, a welcome sharp rebound from the 14 per
cent decline in 2012."
"The reopening of the
NewPage Port Hawkesbury paper mill will be the base of the forestry export
story next year," said Hall. "The shutdown of the Bowater Mersey Mill
in Brooklyn, while impactful to the province, is not expected to weigh down
export growth as most of its production supplies the domestic market."
AF&PA Asks Congress to Pass PNTR with Russia
AF&PA Calls on Congress to Pass Russia PNTR Legislation: (USA) American Forest & Paper Association (AF&PA) President and CEO Donna Harman issued the following statement ahead of expected a House vote on legislation authorizing permanent normal trade relations (PNTR) with Russia.
AF&PA Sustainability Awards Announced
2012 AF&PA Sustainability Award Winners Announced at Annual Meeting: (USA) The American Forest & Paper Association (AF&PA) presented its first ever Better Practices, Better Planet 2020Sustainability Awards at the association's annual meeting on Friday, Nov. 9 in Scottsdale, Ariz.
Designed to recognize exemplary sustainability programs and initiatives, the awards are to be given based on the merit of entries received across multiple categories. This year, five companies were chosen to receive awards.
Designed to recognize exemplary sustainability programs and initiatives, the awards are to be given based on the merit of entries received across multiple categories. This year, five companies were chosen to receive awards.
Eddie and Ozzie Award Winners Announced
The 2012 Eddie and Ozzie Award Winners Announced:
The winners of the 2012 Eddie and Ozzie Awards were honored yesterday during a lunch event in New York. The Eddie and Ozzie awards program is the largest of its kind for magazine publishers. It also has the proud distinction of being the only awards event open to magazines and websites of all kinds—consumer, b-to-b, association, custom and regional, big and small.
The winners of the 2012 Eddie and Ozzie Awards were honored yesterday during a lunch event in New York. The Eddie and Ozzie awards program is the largest of its kind for magazine publishers. It also has the proud distinction of being the only awards event open to magazines and websites of all kinds—consumer, b-to-b, association, custom and regional, big and small.
Time's All You Adds Reader Generated Content
http://www.mediapost.com/publications/article/187369/mag-bag-all-you-ups-reader-generated-content.html#axzz2CJvLg9k6
All You, a Time Inc. magazine targeted at value-conscious female Wal-Mart shoppers, is introducing more reader-generated content as part of a new editorial treatment beginning with its December issue, which hits Wal-Mart newsstands on Friday.
All You, a Time Inc. magazine targeted at value-conscious female Wal-Mart shoppers, is introducing more reader-generated content as part of a new editorial treatment beginning with its December issue, which hits Wal-Mart newsstands on Friday.
The December issue introduces a new editorial feature, “Real Talk,” which
highlights readers’ tips and reviews and answers reader questions. Comments
from Facebook, bloggers, and the All You Web site are also showcased throughout
the magazine.
min Presents Editorial & Design Awards
Graphic in a different way was Firehouse's b2b app-winning display of--naturally--a
smouldering building.
ABC Rebrands as Alliance for Audited Media
ABC Rebrands as Alliance for Audited Media:
In another sign of how the shifting media landscape is changing the way companies operate within it, the Audit Bureau of Circulations has announced it's rebranding to a less print-focused name of Alliance for Audited Media. The new identity is representative of a number of initiatives the auditing firm has been rolling out that address the multiplatform content and audience realities publishers are working with, most notably its Consolidated Media Report, which allows publishers to verify their cross-platform metrics.
In another sign of how the shifting media landscape is changing the way companies operate within it, the Audit Bureau of Circulations has announced it's rebranding to a less print-focused name of Alliance for Audited Media. The new identity is representative of a number of initiatives the auditing firm has been rolling out that address the multiplatform content and audience realities publishers are working with, most notably its Consolidated Media Report, which allows publishers to verify their cross-platform metrics.
Are Online Ads Less Effective Than Print Ads?
Are Online Ads Less Effective Than TV and Print Ads?:
Written by Howard Fenton
Reading a study by Adobe stating that 50% of consumers say that online banner ads do not work and only 3% prefer online ads on social media sites was surprising. Most said that they found online ads “annoying” and “distracting.” The study entitled “Click Here: The State of Online Advertising” suggests that the current thinking about the effectiveness of online ads and social media is exaggerated.
Written by Howard Fenton
Reading a study by Adobe stating that 50% of consumers say that online banner ads do not work and only 3% prefer online ads on social media sites was surprising. Most said that they found online ads “annoying” and “distracting.” The study entitled “Click Here: The State of Online Advertising” suggests that the current thinking about the effectiveness of online ads and social media is exaggerated.
China Invests $8 Billion in Publishing Industry
http://english.peopledaily.com.cn/90778/8007441.html
China's Bank of Communications will pump 50 billion yuan (8 billion U.S. dollars) into the country's publishing industry, according to a cooperative agreement signed on Tuesday.
The agreement, signed by the General Administration of Press and Publication (GAPP) and the Bank of Communications, said the bank will provide the finance in three years.
China's Bank of Communications will pump 50 billion yuan (8 billion U.S. dollars) into the country's publishing industry, according to a cooperative agreement signed on Tuesday.
The agreement, signed by the General Administration of Press and Publication (GAPP) and the Bank of Communications, said the bank will provide the finance in three years.
USPS FY Loss: Urgent Need for Legislative Reform
Postal Service’s $15.9-Billion Loss Highlights Urgent Need for Legislative Reform: The U.S. Postal Service ended the 2012 fiscal year (Oct. 1, 2011 – Sept. 30, 2012) with a record net loss of $15.9 billion, compared to a net loss of $5.1 billion for the same period last year. The loss included expenses of $11.1 billion related to two payments to prefund retiree health benefits. Resolving the prefunding requirement, which made up 70 percent of the net loss, and providing more commercial flexibility to allow the Postal Service to manage its business, are among legislative changes needed for USPS to fully implement its business plan to return to financial stability.
Projected USPS Pension Surplus Shrinks
Projected Postal Service Pension Surplus Shrinks as Rates Fall: The projected excess in the Federal Employees Retirement System for benefits covering about 471,000 current postal employees shrank to $2.6 billion from $10.9 billion a year earlier, John Berry, director of the U.S. Office of Personnel Management, said in an Oct. 30 letter to Postmaster General Patrick Donahoe.
Real-Time Bidding 13% of Display Ad Spending
That’s according to new estimates from eMarketer, which only expects RTB to
gain momentum in the coming years as more media buyers and publishers warm to
its efficiencies.
This year, the overall U.S. display ad market will grow 21.5% to $15 billion
from $12.3 billion in 2011, eMarketer projected in September. Growth in RTB
display ad spending, by comparison, is expected to reach 98% in 2012.
FTI: Holiday Spending Up 4.5%
http://www.sacbee.com/2012/11/14/4984619/fti-consulting-issues-new-us-retail.htmlFTI Consulting, Inc. (NYSE: FCN), the global
business advisory firm dedicated to helping organizations protect and enhance
their enterprise value, today released its 2012 Retail Report. The report,
titled "A Real Cliffhanger," analyzes the state of the retail sector
in the United States and finds resilience in consumer spending on goods despite
ongoing global economic uncertainty and threats posed by the impending fiscal
cliff. Consumer confidence is approximately 25 percent higher entering the 2012
holiday shopping season than it was a year ago.
Manroland Sheetfed Completes Reorganisation
Manroland Sheetfed completes reorganisation:
The bulk of the restructuring happened in February, when Langley concluded a deal to buy the former sheetfed division of German press manufacturer Manroland out of administration.
In addition to securing the jobs of 824 staff at Manroland's Offenbach site, Langley retained more than 1,000 more across a number of other German sites and more than 40 overseas subsidiaries.
The bulk of the restructuring happened in February, when Langley concluded a deal to buy the former sheetfed division of German press manufacturer Manroland out of administration.
In addition to securing the jobs of 824 staff at Manroland's Offenbach site, Langley retained more than 1,000 more across a number of other German sites and more than 40 overseas subsidiaries.
Kodak Gets Interim and Exit Financing
Kodak Agrees to $793 Million in Interim and Exit Financing: Agreement with Centerbridge, GSO, UBS and JPMorgan Sets Kodak's Path to Emergence from Chapter 11 in the First Half of 2013ROCHESTER, N.Y., - Eastman Kodak Company announced today that it has entered into a commitment letter to secure $793 million in Junior Debtor-in-Possession Financing with Centerbridge Partners, L.P., GSO Capital Partners LP, UBS and JPMorgan Chase & Co.
Economy Shows Green Shoots From China to U.S.
Economy Shows Green Shoots From China to U.S. With Data Surprise:
The U.S. and China, the world's traditional twin sources of growth, are planting seeds to lift the world economy from its midyear slowdown.
The U.S. and China, the world's traditional twin sources of growth, are planting seeds to lift the world economy from its midyear slowdown.
Wednesday, November 14, 2012
Catalyst Paper Announces Q3 Results
Reorganization of Catalyst Paper leads to net earnings of $655.7 million in Q3, 2012:
Catalyst Paper is reporting net income of $655.7 million in the third quarter of 2012 due to a significant one-time credit arising from reorganization gains and “fresh-start accounting” valuation adjustments.
The company emerged from creditor protection on September 13, 2012 with significant debt and cost-structure improvements.
In the quarter before, Catalyst Paper reported a net loss of $11.7 million. Sales in the third quarter were essentially unchanged at $265.7 million.
Catalyst Paper is reporting net income of $655.7 million in the third quarter of 2012 due to a significant one-time credit arising from reorganization gains and “fresh-start accounting” valuation adjustments.
The company emerged from creditor protection on September 13, 2012 with significant debt and cost-structure improvements.
In the quarter before, Catalyst Paper reported a net loss of $11.7 million. Sales in the third quarter were essentially unchanged at $265.7 million.
NewPage Strengthens Partnership with ATFS
NewPage Corporation (NewPage)
announced today that it has increased its supply-chain preference for pulpwood
procured from certified woodland owners, including those certified to the
American Tree Farm System (ATFS).
NewPage, the leading producer of
printing and specialty papers in North America, is the largest buyer of
pulpwood in the Great Lakes States. In 2011, 48 percent of the fiber (wood and
pulp) purchased by NewPage came from certified sources.
According to Gordy Mouw, NewPage
Certification and Resource manager, the procurement preference reflects the
company's commitment to forest stewardship as well as its efforts to meet the
growing demand of its customers seeking paper sourced from certified
timberlands. In addition to ATFS, NewPage has established preferences for wood
certified by the Forest Stewardship Council® and the Sustainable Forestry
Initiative®.
"Adding certified ATFS wood
to our supply-chain addresses our customers' interests, our own commitment to
sustainability, and helps family forest owners by expanding markets for their
wood products," Mouw said. "This in turn helps them keep their forest
land forested."
Price of Forest Carbon Credits Doubled
The price of forest carbon credits has doubled
The price of forest carbon credits doubled in 2011, leading to a record market value of $237 million according to the latest Ecosystem Marketplace survey of forest carbon markets, Leveraging the Landscape: State of the Forest Carbon Markets 2012.
The report examines a variety of strategies for injecting financial resources into projects that save or plant forests that capture carbon. Carbon offsets from these projects averaged $9.2 per tonne of sequestered carbon in 2011, up from $5.5 per tonne in 2010.
The price of forest carbon credits doubled in 2011, leading to a record market value of $237 million according to the latest Ecosystem Marketplace survey of forest carbon markets, Leveraging the Landscape: State of the Forest Carbon Markets 2012.
The report examines a variety of strategies for injecting financial resources into projects that save or plant forests that capture carbon. Carbon offsets from these projects averaged $9.2 per tonne of sequestered carbon in 2011, up from $5.5 per tonne in 2010.
IP/Memphis Negotiations
International Paper is not
pushing for a 30-year tax break to stay and expand its headquarters in Memphis,
but rather additional 15-year tax breaks on its existing and planned properties
and even on corporate aircraft, according local officials briefed by company
representatives.
The Fortune 500 company is
considering having a fourth office tower built next door and just east of its
headquarters at 6400 Poplar, Shelby County Commissioner Mike Ritz said Tuesday.
The Future Of Food Packaging
The Future Of Food Packaging:
A recent survey by DuPont Packaging got me thinking about the future. The first part of the survey asked packaging professionals from across the world about the most important priorities affecting the industry – cost, sustainability, convenience, shelf impact, and so on. But what really caught my eye was the second part of the survey that asked the same professionals what they thought would be most important ten years from now, in 2022.
The answers were surprisingly different. While cost is king in 2012, sustainability looks to be the biggest concern by 2022. Today integrating merchandising strategies in the packaging process is essential, tomorrow trackability and anti-counterfeiting measures may be the next major challenge.
A recent survey by DuPont Packaging got me thinking about the future. The first part of the survey asked packaging professionals from across the world about the most important priorities affecting the industry – cost, sustainability, convenience, shelf impact, and so on. But what really caught my eye was the second part of the survey that asked the same professionals what they thought would be most important ten years from now, in 2022.
The answers were surprisingly different. While cost is king in 2012, sustainability looks to be the biggest concern by 2022. Today integrating merchandising strategies in the packaging process is essential, tomorrow trackability and anti-counterfeiting measures may be the next major challenge.
Flint Group Announces Ink Price Increase
Flint Group Announces Ink Price Increase: The highly volatile raw material markets in 2012 necessitate Flint Group to increase prices for all Coldset, Heatset, Publication Gravure, Sheetfed, Packaging and Narrow Web Inks and Coatings and Press Room Chemicals as of 1 st Jan 2013. In 2012, the global raw material markets have continued to be highly volatile. Despite the rather flat economic outlook, there are still many challenges for the supply chain.
Groupon Goods Launches Holiday & Toy Catalogs
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