Russia reduced again duties on imports of coated paper and board down to 5%: The Board of Eurasian Economic Commission decided to reduce temporarily import duties on certain types of paper and board from 15% to 5% of the customs value.
Since late April, import duties for most grades of coated paper and paperboard used in printing will be reduced until 19 January 2014, for multi-layer paper and paperboard with bleached layers - until 31 December 2015.
Wednesday, April 17, 2013
F+W Media Makes Acquisition
F+W Media to Acquire Network of Digital and Retail Properties:
F+W Media announced that it plans to acquire a sewing vertical complete with retail locations and a digital content portal—The Sewing Studio and LoveSewing.com will join the F+W family effective May 1. Terms of the deal were not disclosed.
F+W Media announced that it plans to acquire a sewing vertical complete with retail locations and a digital content portal—The Sewing Studio and LoveSewing.com will join the F+W family effective May 1. Terms of the deal were not disclosed.
Cenveo Completes Refinancing of Credit Facilities
Cenveo, Inc.
(CVO) today announced that its subsidiary, Cenveo Corporation
("Cenveo"), has completed the refinancing of its existing senior
secured Term B Loan and Revolving Credit Facility with an amended and restated
$360 million Term B Loan facility, through Bank of America, N.A. as administrative
agent, and joint lead arrangers Bank of America, N.A., Macquarie Capital (USA)
Inc. and Barclays Bank PLC, along with a new $200 million asset based loan
("ABL") Credit Agreement with Bank of America, N.A., as
administrative agent, and Bank of America, N.A., Wells Fargo Bank, National
Association, Barclays Bank PLC and General Electric Capital Corporation as
joint lead arrangers.
WSJ Launches MoneyBeat
The Wall Street Journal has just launched MoneyBeat, a new blog dedicated to
global finance, markets, and mergers and acquisitions. Its analyzes the big
trends and business news stories. MoneyBeat brings together six of the
newspaper's most widely read blogs: MarketBeat, The Source, Overheard and all
the Deal Journals across the globe, into a single, integrated hub. MoneyBeat is
overseen by former Deal Journal and MarketBeat editor Stephen Grocer.
Nielsen: Newspaper Ads Engage, Influence Consumers
Nielsen: Newspaper Ads Touted for Engagement and Influence: A Nielsen survey of 5,000 U.S. adults finds newspapers (print and online) lead for ad engagement, influencing purchases, and more.
Key findings:
Key findings:
For consumers, newspaper engagement scores exceeded those of other media (TV, radio, social media). On indices where 100 equals the norm, print newspapers rated highest on how engaged audiences with advertising than the media overall; local newspapers ranked 19% higher and national newspapers, 17% higher.
A critical question is whether advertising influences consumers’ likelihood of making a purchase. On this metric, 35% of consumers surveyed said ads viewed in local and national newspapers were most likely to influence their decision to purchase. Social media ads rated last (25%).
When respondents were asked about media use and whether they usually notice advertisements, local newspapers scored highest of all media at 48%, followed by national newspapers (46%).
Former CEO of Quebecor to Chair Hydro-Quebec Board
Former CEO of Quebecor to chair Hydro-Quebec board:
Pierre Karl Peladeau, former CEO of Quebecor Inc., says he is happy to work with Hydro-Quebec. The former, and sometimes controversial, head of Quebecor Inc, Pierre Karl Peladeau, is about to take on a leadership role at Hydro-Quebec. Premier Pauline Marois' office announced this morning Peladeau is being named the chairman of Hydro-Quebec's board of directors. He will also sit as an independent member of the board.
Peladeau's new position will not affect the role of Thierry Vandal, who will remain Hydro-Québec's president and CEO.
A spokesperson for Peladeau said he is looking forward to contributing to the organization.
Pierre Karl Peladeau, former CEO of Quebecor Inc., says he is happy to work with Hydro-Quebec. The former, and sometimes controversial, head of Quebecor Inc, Pierre Karl Peladeau, is about to take on a leadership role at Hydro-Quebec. Premier Pauline Marois' office announced this morning Peladeau is being named the chairman of Hydro-Quebec's board of directors. He will also sit as an independent member of the board.
Peladeau's new position will not affect the role of Thierry Vandal, who will remain Hydro-Québec's president and CEO.
A spokesperson for Peladeau said he is looking forward to contributing to the organization.
Quad/Graphics Leases Industrial Facility
Quad/Graphics leases New Berlin industrial facility:
Quad/Graphics Inc. has leased a 205,063-square-foot industrial building in New Berlin, according to an announcement Tuesday from the Dickman Co. Inc./CORFAC International, Milwaukee.
More details were not immediately available. A Quad/Graphics spokeswoman couldn’t immediately be reached for comment.
Quad/Graphics Inc. has leased a 205,063-square-foot industrial building in New Berlin, according to an announcement Tuesday from the Dickman Co. Inc./CORFAC International, Milwaukee.
More details were not immediately available. A Quad/Graphics spokeswoman couldn’t immediately be reached for comment.
Deluxe Closes Plant
A printing plant in New Albany, owned by Shoreview, Minn.-based Deluxe Corp., will close by the end of the year, and about 30 workers are being laid off in the process.
Printing done at the New Albany plant is being moved to a new facility that the company recently opened in Chicago, according to Terri Shapiro, executive director of brand and media relations at Deluxe. She said many of the workers being laid off will be offered severance.
The closure is part of a realignment for Deluxe.
Printing done at the New Albany plant is being moved to a new facility that the company recently opened in Chicago, according to Terri Shapiro, executive director of brand and media relations at Deluxe. She said many of the workers being laid off will be offered severance.
The closure is part of a realignment for Deluxe.
Tuesday, April 16, 2013
Atlantic Pack. Completes Newsprint PM Conversion
Atlantic Packaging Products hopes to complete the conversion
of the idle newsprint PM at its Whitby, ON, mill to containerboard by the end
of April, according to contacts.
The machine would have capacity to produce 300,000 tons/yr
of recycled lightweight containerboard but the net capacity addition reportedly
would be more like 100,000 ton/yr because the company may indefinitely idle an
older existing machine depending on market conditions.
China: GDP, Asset Investment, Industrial Production
http://online.wsj.com/article/SB10001424127887323346304578423431110506270.html
China's economic growth slowed
unexpectedly in the first quarter, raising concerns that a recovery that
started in the second half of last year is already losing steam.
Gross domestic product grew 7.7%
on a year-to-year basis in the first quarter, down from 7.9% in the fourth
quarter of 2012 and lower than many economists forecast, according to Chinese
official data.
Chinese fixed assets investment:
From January to March 2013, the investment in
fixed assets (excluding rural households) reached 5,809.2 billion yuan, up by
20.9 percent year-on-year in nominal terms.
Chinese industrial production up:
In March 2013, the total value added of the
industrial enterprises above designated size was up by 8.9 percent year-on-year
(the following growth rates of value added are real growth rates, after
deducting price factors), 1.0 percentage points lower than that in the first
two months of 2013.
Scholastic: Largest Educational Tech Product Launch
Today, at the start of the Education Innovation Summit at Arizona State University, Scholastic SCHL +1.27% unveiled a suite of reading and math products that meet students where they are and propel them forward with powerful technology, engaging content and empowering support for teachers.
Cygnus Landscape Group Names Publisher
Cygnus Business Media has named Deirdre D'Aniello as
publisher of landscape magazines Green Industry Pro and Yard & Garden, as
well as GreenIndustryPros.com. She was most recently the East Coast sales
manager for Lodging Hospitality Magazine at Penton Media. She succeeds Rick
Monogue, who left the company.
The landscape group also introduced a revamped version of its GreenIndustryPros.com Product Guide.
The landscape group also introduced a revamped version of its GreenIndustryPros.com Product Guide.
Lyons Transformed J.Crew Into A Cult Brand
Since
Jenna Lyons' coronation as creative head of
J.Crew in 2008, the company once known for its preppy Nantucket ancestry has
become a force in fashion, with Lyons at the center of its evolution. She has
created a high-low look that reflects her own boy-girl style--androgyny with
some sequins and a dash of nerdy glasses. Along with annual revenue that has
more than tripled to $2.2 billion since 2003, the cult of J.Crew has blossomed
like a CMO's fantasy.
Aging Well Magazine Now Today’s Geriatric Medicine
Aging Well Magazine Rebrands As Today’s Geriatric Medicine:
There are about 300 million people who live in the United States, almost a third, or 78 million, of whom are baby boomers. Now that America’s largest population segment is aging, the Pennsylvania-based Great Valley Publishing Company is rebranding its aging-focused magazine to better reflect the nation’s new demographics.
The publisher’s bimonthly title Aging Well will become Today’s Geriatric Medicine. The first issue will hit with the May/June edition, and the brand’s digital presence has been remade as well with the introduction of TodaysGeriatricMedicine.com
There are about 300 million people who live in the United States, almost a third, or 78 million, of whom are baby boomers. Now that America’s largest population segment is aging, the Pennsylvania-based Great Valley Publishing Company is rebranding its aging-focused magazine to better reflect the nation’s new demographics.
The publisher’s bimonthly title Aging Well will become Today’s Geriatric Medicine. The first issue will hit with the May/June edition, and the brand’s digital presence has been remade as well with the introduction of TodaysGeriatricMedicine.com
Investment and Revenue Models Change
Investment and Revenue Models Changing at MediaMashup: The revenue model for publishers has to change. It's not just about sustainability though, Matt Marshall, founder and editor-in-chief of VentureBeat, explained to the MediaMashup crowd at the Grand Hyatt this morning. It's about expansion--monetizing new areas of the business to secure venture capitalist investment that will allow you scale your company over time.
People Magazine Courts New Audiences
People Courts New Audiences With Online Chat:
People magazine is best known for its coverage of celebrities, gossip and entertainment, but the brand has begun edging deeper into the general lifestyle category with the introduction of a new editorial project that rolled out last week.
People magazine is best known for its coverage of celebrities, gossip and entertainment, but the brand has begun edging deeper into the general lifestyle category with the introduction of a new editorial project that rolled out last week.
Promoting the Value of Print
Promoting Value of Print: Communication that is Environmentally and Socially Responsible:
The printing industry is constantly facing challenges regarding its place in messaging, its environmental impact, and its future. As recently as January of this year, Google launched a campaign to “Go Paperless in 2013,” and who can forget Toshiba’s ill-fated “National No Print Day,” announced in the summer of 2012? Both campaigns encouraged switching from paper to electronic communications as a means of protecting the environment. These are only two of the most recent cases. With industry giants making false claims about print, it became clear we needed to fight back.Printing Industries of America created the Value of Print campaign in March 2012 as a response to false claims about print’s negative impact on the environment and the loss of its effectiveness.
The printing industry is constantly facing challenges regarding its place in messaging, its environmental impact, and its future. As recently as January of this year, Google launched a campaign to “Go Paperless in 2013,” and who can forget Toshiba’s ill-fated “National No Print Day,” announced in the summer of 2012? Both campaigns encouraged switching from paper to electronic communications as a means of protecting the environment. These are only two of the most recent cases. With industry giants making false claims about print, it became clear we needed to fight back.Printing Industries of America created the Value of Print campaign in March 2012 as a response to false claims about print’s negative impact on the environment and the loss of its effectiveness.
NPES Members Meet with Congressional Leaders
NPES members and their customers in the graphic
communications industry will convene in Washington, D.C., June 4-5, 2013, for
PRINT'S VOICE '13 meetings with congressional leaders and briefings by policy
experts. The 2013 Capitol Hill Fly-In will give participants the opportunity to
advocate for a restructured and revitalized U.S. Postal System, pro-growth
capital investment tax policy, and free and fair international trade policies.
USPS Requests Design, Print Production Information
This
notice is being issued by the United States Postal Service (Postal Service or
USPS) as a Research and Development Request for Information (RFI) Sought. The
Postal Service desires to obtain U.S. domestic sources of information to serve
as a market survey to aid in exploring opportunities to revise its stamp
non-artistic design and manufacturing process. The Postal Service is
particularly interested in leveraging advanced or state-of-the-art design and
printing technologies available and is also seeking additional potential
sources to manufacture stamps.
Currently,
Postage Stamps are printed using four methods: Offset, Intaglio, Rotogravure
and the combination of Offset and Intaglio.
Kodak to Sell Document Imaging Business
Kodak Enters into Agreement for Proposed Sale of Document Imaging Business to Brother Industries, Ltd.: Brother to provide stalking horse bid
ROCHESTER, N.Y. - Eastman Kodak Company has reached agreement with Brother Industries, Ltd., for the proposed sale of certain assets of its Document Imaging business for a cash purchase price of approximately $210 million, subject to certain price adjustments at closing. In addition, Brother will assume deferred service revenue liability of the business, which totaled approximately $67 million as of December 31, 2012.
ROCHESTER, N.Y. - Eastman Kodak Company has reached agreement with Brother Industries, Ltd., for the proposed sale of certain assets of its Document Imaging business for a cash purchase price of approximately $210 million, subject to certain price adjustments at closing. In addition, Brother will assume deferred service revenue liability of the business, which totaled approximately $67 million as of December 31, 2012.
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