There
will be no reprieve for the newspaper industry in 2012, judging by the second
quarter of the year, which saw yet another round of dismal returns. Total advertising
revenues dipped 6.4% from $6 billion in the second quarter of 2011 to $5.6
billion in the second quarter of 2012, according to the Newspaper Association
of America. Print ad revenues dropped 7.9% from $5.2 billion to $4.8 billion,
while online ad revenue growth remained anemic with a 2.9% increase from $803
million to $827 million.
Wednesday, September 5, 2012
Another State Looks for Revenue from Online Sales
Gov. Tom Corbett is eager to collect tens of millions of dollars in new state revenue without technically raising taxes. But consumers still look for tax-free merchandise on the Internet and sellers are happy to fill the orders, pocketing profits while Pennsylvania's bricks-and-mortar retailers are sandbagged by taxes they cannot evade.
Saturday was the deadline for online retailers to register with the state Revenue Department and begin collecting the 6 percent state tax on orders shipped to Pennsylvania — plus local sales taxes of 2 percent in Philadelphia and 1 percent in Pittsburgh — or face potential audits and penalties like in-state merchants.
Officials expect stepped-up compliance to generate $43 million for Pennsylvania's battered state treasury during the 10 months left in the fiscal year that ends June 30.
Magazine Manufacturing and Production Survey Released
The 2012 Magazine Manufacturing and Production Technology Survey: For many years, Folio: and Readex Research have conducted a survey of magazine production professionals—noting their preferences and tendencies on the subject of creating a finished product. This year’s survey contained a few new questions, mainly about technologies for producing digital content, as well as some new measurements of user satisfaction.
Saturday Evening Post Outsources Sales Operation
Saturday Evening Post Outsources Sales Operation:
The Saturday Evening Post, which traces its roots back 300 years, is in the process of reinventing itself. Steven Slon was brought on board early this year as editorial director to put a more contemporary spin on the brand and the magazine is planning a redesign for the fourth quarter. In the meantime, the magazine has outsourced its sales operation to the James G. Elliott Co. to perform a similar overhaul on its ad business.
The Saturday Evening Post, which traces its roots back 300 years, is in the process of reinventing itself. Steven Slon was brought on board early this year as editorial director to put a more contemporary spin on the brand and the magazine is planning a redesign for the fourth quarter. In the meantime, the magazine has outsourced its sales operation to the James G. Elliott Co. to perform a similar overhaul on its ad business.
Publishers Turning to Bureaus for Help
The Evolution of Fulfillment: When you dive into the way the digital edition and app economy works for publishers, you can’t avoid the irony of the big digital newsstand and storefronts of Apple, Amazon, Barnes & Noble, Zinio, Next Issue Media, et al. The brand power of those operations is simply too good to refuse, and for many publishers, digital single-copy sales from these sources has been a boon. Yet, we all know about the data and revenue sharing frustrations that come along with some of those partnerships and in the meantime, publishers continue to look for ways to take their digital wares direct to the customer. Here’s where the fulfillment companies have been stepping into the void.
"Women’s Health" Community Outreach Plans
Women’s Health Steps Up Social Sharing of Content:
On the heels of a social summer, Rodale’s Women’s Health is looking to get even more engagement momentum through a variety of community outreach strategies aimed at cultivating its audiences.
On the heels of a social summer, Rodale’s Women’s Health is looking to get even more engagement momentum through a variety of community outreach strategies aimed at cultivating its audiences.
Consumers Still Looking for Savings, Coupons
Study Shows Consumers are More Efficient Than Ever Seeking Deals: Valassis, one of the nation's leading media and marketing services companies, announced today results of its Fifth Annual RedPlum Purse String Study that indicates consumers' proficiency in seeking deals is saving them both time and money.
Overall, 62% spend up to two hours weekly seeking out savings and save up to $30 each week using coupons.
Overall, 62% spend up to two hours weekly seeking out savings and save up to $30 each week using coupons.
Tuesday, September 4, 2012
Two More Mills Announce Coated/SC Increases
Irving Paper has announced a $40.00 per ton price increase on Supercalendered paper, including Irving SCB, Irving SCA and Radiance (SCA+), effective with all new and existing orders shipping on or after October 1. The increase applies to all basis weights.
Catalyst Paper Corp. also announced price increases for certain coated mechanical and Supercalendered papers, effective with Oct. 1 shipments.
The following coated mechanical brands will increase by $60 per ton (C$66 per metric tonne): Pacificote, Electracote Brite, and Electracote.
The following SC brands will increase by $40 per ton (C$44 per metric tonne): Electracal (SCA), and Electraprime (SCB).
The change applies to all brightnesses, finishes, and basis weights.
Catalyst Paper Corp. also announced price increases for certain coated mechanical and Supercalendered papers, effective with Oct. 1 shipments.
The following coated mechanical brands will increase by $60 per ton (C$66 per metric tonne): Pacificote, Electracote Brite, and Electracote.
The following SC brands will increase by $40 per ton (C$44 per metric tonne): Electracal (SCA), and Electraprime (SCB).
The change applies to all brightnesses, finishes, and basis weights.
West Fraser Lowers Pulp Price
West
Fraser informed North American customers today that its price for northern
bleached softwood kraft (NSBK) would decline $20/tonne, effective September 1
until further notice.
UPM Raflatac Completes Acquisition
UPM Raflatac completes the acquisition of Gascogne Laminates Switzerland
UPM Raflatac has completed its acquisition of the labelstock business operations of Gascogne Laminates Switzerland of the Gascogne Group. The acquisition was announced on 1 June 2012. Gascogne Laminates Switzerland employs approximately 110 people in its operations in Martigny, Switzerland.
UPM Raflatac has completed its acquisition of the labelstock business operations of Gascogne Laminates Switzerland of the Gascogne Group. The acquisition was announced on 1 June 2012. Gascogne Laminates Switzerland employs approximately 110 people in its operations in Martigny, Switzerland.
FPAC Names CEO
David Lindsay is new President and CEO of Forest Products Association of Canada:
The Forest Products Association of Canada (FPAC) is today welcoming new leadership as David Lindsay assumes the role of President and CEO at a time of great transformation in the Canadian forestry sector.
The Forest Products Association of Canada (FPAC) is today welcoming new leadership as David Lindsay assumes the role of President and CEO at a time of great transformation in the Canadian forestry sector.
AF&PA Files Brief with Supreme Court
AF&PA Files Brief with U.S. Supreme Court: The American Forest & Paper Association (AF&PA) has joined other petitioners in a brief asking the U.S. Supreme Court to reverse a Ninth Circuit decision (NEDC v. Brown) finding that logging roads are “point sources” requiring Clean Water Act industrial discharge permits.
Hearst Names "Cosmopolitan" Editor
Hearst Magazines
has named Joanna Coles editor-in-chief at Cosmopolitan magazine, succeeding
Kate White, the editor-in-chief since 1998.
Ms. Coles has been editor-in-chief at Hearst's Marie Claire since 2006. Her
new job atop the much larger Cosmopolitan begins Sept. 10. Ms. White will
become an advisor at Hearst, the company said. Cosmo is the top newsstand magazine in the country, but has been increasingly relying on cheap subscription offers to maintain its large reach among consumers as the industry suffers persistent, large declines in single-copy sales.
USA Launches "Prime" Magazine
Debut of New MPA Site
Time to Pick Larsen?
Time Inc. is expected to name Todd Larsen, the
former president of Dow Jones, to a new position overseeing its news and sports
titles, Adweek has learned. New CEO Laura Lang has taken her time making
her mark since coming on board at the start of the year, but is expected to
start rolling out changes post-Labor Day, and Larsen’s appointment could be one
of the first.
Larsen left Dow Jones in June after being passed
over for the CEO job, which went to Lex Fenwick. Lang has already hired two
other News Corp. vets, HR exec Greg Giangrande and spokeswoman Teri
Everett.
Apple Settles eBook Case
The news comes from court filings that offer fresh details about a sweeping settlement between state governments and three publishers over an alleged conspiracy with Apple to fix the price of e-books.
New California Tax Law Effective 9/15
Beginning September 15, 2012, a new law takes effect that expands the types of out-of-state
retailers required to register with the California State Board
of Equalization (BOE) and requires them to begin collecting and
remitting use tax on sales of tangible personal property to California
consumers. The law applies to out-of-state retailers that have substantial
nexus with California consumers. This includes any out-of-state retailer that
has sold more than $1 million to California consumers in the past
year and has had more than $10,000 in sales referred by an affiliate
operating in California.
Commercial Printing Shipments Reported
July 2012 US Commercial Printing Shipments Flat with 2011 (Economics & Research Center):
The US commercial printing shipments for July 2012 were $6.26 billion, essentially even with 2011. They were down slightly, -$15 million in current dollars, or -0.2%. On an inflation-adjusted basis, shipments were down -$104 million (-1.6%).
The US commercial printing shipments for July 2012 were $6.26 billion, essentially even with 2011. They were down slightly, -$15 million in current dollars, or -0.2%. On an inflation-adjusted basis, shipments were down -$104 million (-1.6%).
Friday, August 31, 2012
Three More Mills Announce Coated Mechanical Price Increases
Resolute Forest Products has announced a price increase on coated mechanical paper, effective with shipments on or after October 1, 2012. The price for Resolute Gloss will be raised $3.00 cwt. The price for the following papers will go up $2.00 cwt: ResoluteBriite 76, ResoluteBrite 80 and ResoluteMax 84.
The increases will be applicable to all basis weights and finishes, and all up charges apply.
The increases will be applicable to all basis weights and finishes, and all up charges apply.
Kruger
Inc. announced a $3.00 cwt price
increase on all of its coated mechanical paper,
effective with shipments on or after Oct. 1.
The increase will apply to all weights and brightness levels.
The increase will apply to all weights and brightness levels.
Sappi
Fine Paper North America announced a price increase for
coated mechanical paper grades of $3.00 cwt. The change affects Galerie Lite and Galerie Bright of all basis weights.
The increase is for new and unconfirmed orders with confirmed delivery dates on
or after Oct. 1.
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