News International denies Times merger rumour:
Speculation has arisen since The Times editor James Harding resigned on Wednesday (12 December) after five years in his post. In his resignation speech to editorial staff Harding said: "It has been made clear to me that News Corporation would like to appoint a new editor of the times. I have therefore agreed to stand down." Harding will terminate his contract at the end of the year and his replacement will be decided by the national independent directors of The Times. UK media has speculated that Harding's departure would pave the way toward merging the two titles to become a single, seven-day newspaper. This would mean News International reneging on its governmental commitment, set when the news giant bought the titles in 1981, to keep The Times and The Sunday Times separate. The pledge was agreed in order to preserve the editorial independence of the titles under competition law.
Friday, December 14, 2012
German Mag Paper Market
http://www.euwid-paper.com/news/singlenews/Artikel/price-negotiations-on-the-german-magazine-paper-market-are-well-advanced-in-december.html
In Germany, there has been some movement in the negotiations
for magazine paper. It appears that not all paper producers are insisting on
the proposed price hike. Forecasts of falling
demand in 2013 are intensifying the already strong competition among paper
mills, who are concerned about their capacity utilisation. EUWID respondents
reported that suppliers were therefore demonstrating flexibility on certain
points in contract talks, which has lead to the signing of contracts in several
cases.
Paper Mill Pension Outcomes Very Different
http://thechronicleherald.ca/novascotia/241480-paper-mill-pension-outcomes-very-different?utm_source=website&utm_medium=banner&utm_campaign=most_read
All Tony MacDonald knows is the deal he signed up for: Make paper at Point Tupper for 32 years. Make a decent paycheque. Make Stora Enso North America a bunch of money. Retire with dignity.
The 67-year-old former mill worker now knows over the past year his promised pension has been cut $700 a month. Including Canada Pension Plan payments, he has to survive on $1,200 a month. “I was just coming to terms with that, thinking that I’ve got to accept it and deal with it,” MacDonald said Tuesday. “Then I picked up the paper this morning and it was a kick in the arse with a frozen boot if I ever got one.” What MacDonald read in the newspaper Tuesday is that the province will cover the nearly $100-million unfunded liability of the former Bowater Mersey pulp and paper plant in Brooklyn as part of a deal that will see the province buy the company for a dollar from Resolute Forest Products and take ownership of its 220,000 hectares of forest land. Meanwhile, nearly 1,000 pensioners from the Point Tupper plant will see their pensions cut from 31 to 42 per cent because the previous mill owners, Stora Enso North America and NewPage, didn’t pay their share. That allowed an unfunded liability of $200 million to accumulate from the plant’s four pension plans.
All Tony MacDonald knows is the deal he signed up for: Make paper at Point Tupper for 32 years. Make a decent paycheque. Make Stora Enso North America a bunch of money. Retire with dignity.
The 67-year-old former mill worker now knows over the past year his promised pension has been cut $700 a month. Including Canada Pension Plan payments, he has to survive on $1,200 a month. “I was just coming to terms with that, thinking that I’ve got to accept it and deal with it,” MacDonald said Tuesday. “Then I picked up the paper this morning and it was a kick in the arse with a frozen boot if I ever got one.” What MacDonald read in the newspaper Tuesday is that the province will cover the nearly $100-million unfunded liability of the former Bowater Mersey pulp and paper plant in Brooklyn as part of a deal that will see the province buy the company for a dollar from Resolute Forest Products and take ownership of its 220,000 hectares of forest land. Meanwhile, nearly 1,000 pensioners from the Point Tupper plant will see their pensions cut from 31 to 42 per cent because the previous mill owners, Stora Enso North America and NewPage, didn’t pay their share. That allowed an unfunded liability of $200 million to accumulate from the plant’s four pension plans.
More Tablet Owners Prefer Yearly Mag Subs
More Tablet Owners Prefer Yearly Magazine Subscriptions:
At MPA Digital’s Social Media Summit Thursday, Ethan Grey, vice president of digital with the association, revealed results from its latest study slated to be released in January. The data, which was conducted with Gfk MRI and surveyed 796 adults aged 18-plus who owned a tablet, shows that in general, tablet owners prefer to buy yearly subscriptions to digital magazines. About 56 percent of respondents prefer to purchase a one-year subscription, 31 percent prefer to buy monthly subscriptions, 11 percent normally buy half-year subscriptions and just 2 percent prefer multi-year subscriptions.
When asked about the type of digital magazine content they prefer, more than half—55 percent—say they read current and back issues. The remaining 45 percent prefer to only read the most current issues.
At MPA Digital’s Social Media Summit Thursday, Ethan Grey, vice president of digital with the association, revealed results from its latest study slated to be released in January. The data, which was conducted with Gfk MRI and surveyed 796 adults aged 18-plus who owned a tablet, shows that in general, tablet owners prefer to buy yearly subscriptions to digital magazines. About 56 percent of respondents prefer to purchase a one-year subscription, 31 percent prefer to buy monthly subscriptions, 11 percent normally buy half-year subscriptions and just 2 percent prefer multi-year subscriptions.
When asked about the type of digital magazine content they prefer, more than half—55 percent—say they read current and back issues. The remaining 45 percent prefer to only read the most current issues.
Webinar-The Future & Promise Of Print Media
Media Life webinar Dec. 18 at 1 p.m. Eastern.
Newspapers and magazines are not dying, as is so widely
believed. Far from it. They are working mightily to reinvent themselves for the
digital age, and they could well pull it off. But to do so they
must come up with new business models that shift revenue from advertisers to
readers. They must also exploit new opportunities, in the case of newspapers by
expanding into local marketing services and events. Here to explain the
coming revolution in print media is Ken Doctor, a widely followed news industry
analyst and the author of the book "Newsonomics: Twelve New Trends That
Will Shape the News You Get." http://www.medialifemagazine.com/webinar/
USPS Taps Pitney Bowes Automated Tech
USPS Taps Pitney Bowes Automated Services Technology:
Pitney Bowes technology was selected by the U.S. Postal Service to begin providing support and maintenance of its network of postal meters. A 6-year contract valued at up to $32 million for meters and meter supplies will enable the Postal Service to nationally standardize its meter needs using a single leading edge design.
Pitney Bowes technology was selected by the U.S. Postal Service to begin providing support and maintenance of its network of postal meters. A 6-year contract valued at up to $32 million for meters and meter supplies will enable the Postal Service to nationally standardize its meter needs using a single leading edge design.
Swiss Invest In Pulp Plant In Russia
Swiss businessman to invest $70 million in new pulp plant in Dagestan
A group of Swiss entrepreneurs, headed by Alan Broglie, has signed an agreement with Russian TVS and Tehrezerv companies for the construction of a plant for deep wood processing and pulp production in the Russian Dagestan region. The preliminary cost of the project is 2.44 billion rubles (USD$70 million). The majority of future production of the new plant will be sold in Switzerland, Germany and the domestic Russian market.
A group of Swiss entrepreneurs, headed by Alan Broglie, has signed an agreement with Russian TVS and Tehrezerv companies for the construction of a plant for deep wood processing and pulp production in the Russian Dagestan region. The preliminary cost of the project is 2.44 billion rubles (USD$70 million). The majority of future production of the new plant will be sold in Switzerland, Germany and the domestic Russian market.
Thursday, December 13, 2012
IP to Sell Temple-Inland Building Products to GP
International Paper Reaches Agreement to Sell Temple-Inland Building Products Division for $750M:
International Paper today announced that it has reached an agreement to sell its Temple-Inland Building Products division to Georgia-Pacific LLC for $750 million in cash, subject to certain pre-and post-closing adjustments.
International Paper today announced that it has reached an agreement to sell its Temple-Inland Building Products division to Georgia-Pacific LLC for $750 million in cash, subject to certain pre-and post-closing adjustments.
Port Workers Give Leader Strike Authorization
Before contract
talks started Monday for negotiators representing East and Gulf coast port
workers, and employers, the employees' union leaders of the International
Longshoremen's Association (ILA) provided ILA pres Harold Daggett with the
authority to call a strike if needed.
The vote
occurred before contract talks opened on Monday in Delray Beach, FL. The
deadline for an agreement is Dec. 29. The contract covers 15 East and Gulf
Coast ports.
Burgo Increases Woodfree Paper Prices
Burgo to hike
CWF and UWF paper prices by 5-6% for all deliveries from Feb. 1, 2013
The price
increase will apply to all CWF and UWF grades, both sheets and reels, and will
be effective for deliveries as from February, 1st 2013.
Rising
production costs, particularly related to transportation, energy, chemicals and
raw materials, have made the price hike necessary.
IP to Stay in Memphis
International Paper will stay in Memphis:
The company settled on an incentive to stay in the Bluff City, which could include an expansion involving multiple real estate buildings.
The company settled on an incentive to stay in the Bluff City, which could include an expansion involving multiple real estate buildings.
Postal Regulators OK Revised Standard Mail Flats Price
Green Light for Revised USPS Standard Mail Flats Rate Rise:
Under protest, USPS went away and proposed a fresh rate increase, which yesterday was approved by the regulators.
As approved, Standard Mail Flats rates will increase by an average of 2.617% as of 27th January, 2013.
US postal regulators have finally approved controversial new Standard Mail Flats prices at the US Postal Service.
USPS had suggested the Postal Regulatory Commission was going a little further than its remit when it rejected its original proposals last month, and demanded an above-average price rise for the rate category that includes items like catalogues.Under protest, USPS went away and proposed a fresh rate increase, which yesterday was approved by the regulators.
As approved, Standard Mail Flats rates will increase by an average of 2.617% as of 27th January, 2013.
Hearst with New Imprint & Sales Channel
Ever
since Hearst Corp. sold William Morrow to News Corp. in 1999, its book
publishing activities have focused on partnering with different houses to
publish books based on content from its magazines. That strategy will change
January 2 when Hearst releases 7 Years Younger: The Revolutionary 7-Week
Anti-Aging Plan under the new 7YY/Hearst Magazines imprint. Now in a third
printing with 72,000 copies before publication, the book is the cornerstone of
a new franchise devoted to helping baby boomers and others look and feel
younger.
Old Navy Part of Divas Concert
Old Navy's presence during VH1's popular Divas
concert on Sunday night will include pricey 30- and 60-second spots during the
cable channel's telecast. At the same time, there's a potentially fun digital
component to point out.
The retailer is
sponsoring a GIF photo booth on the red carpet and backstage
at show, which will take place at Los Angeles' Shrine
Auditorium. In a nutshell, the technology takes photos and creates
limited-motion GIFs of those in the booth.
Avon Announces Cuts
Publishers: Plan for Change
In Sales, Plan for Change:
Best practices for avoiding the pitfalls of a shifting media landscape.
Publishers need to stop being afraid of social media. That was the message delivered today by panelists at the MPA Digital Social Media Summit at the Time Life Building.
Best practices for avoiding the pitfalls of a shifting media landscape.
Publishers need to stop being afraid of social media. That was the message delivered today by panelists at the MPA Digital Social Media Summit at the Time Life Building.
Most Marketers Not Satisfied with Metrics
Most marketers not satisfied with customer experience metrics:
Only 11% of marketers gave their companies a “good” rating on customer experience metrics, according to a study from research firm Temkin Group.
Only 11% of marketers gave their companies a “good” rating on customer experience metrics, according to a study from research firm Temkin Group.
Transcontinental Predicts Slow Magazine Growth
Transcontinental Inc. Predicts Slow Magazine Growth:
Transcontinental Inc., the largest printer in Canada and the fourth largest in North America, and publisher of over 30 magazines, saw a mixed end to 2012, reporting an increase in its revenues by 12 percent and adjusted operating income by 21 percent in the fourth quarter. The company’s community newspaper business remained strong and performed better than expected, but the same cannot be said for its portfolio of glossies.
Transcontinental Inc., the largest printer in Canada and the fourth largest in North America, and publisher of over 30 magazines, saw a mixed end to 2012, reporting an increase in its revenues by 12 percent and adjusted operating income by 21 percent in the fourth quarter. The company’s community newspaper business remained strong and performed better than expected, but the same cannot be said for its portfolio of glossies.
StrongMail: 2013 Marketing Budgets Up
StrongMail: Marketing budgets to rise next year: Redwood City, Calif.—Marketers plan to increase their budgets next year, with the greatest attention paid to email, social media and mobile, according to a report by cross-channel marketing company Strongmail. StrongMail's "2013 Marketing Trends Survey" found 45.2% of businesses plan to increase their marketing budgets in 2013, while 43.9% plan to maintain their current spending levels.
Executives Want Better Access to Data
Executives want better access to social, mobile data: New York—Although a large number of companies have adopted a data analytics strategy, 60% of management teams don't seem to have the right access to marketplace data needed to make strategic decisions about their social media or mobile media or mobile media efforts, according to a study by auditing company KPMG.
Subscribe to:
Posts (Atom)