Catalyst Paper Reports 2011 Net Loss

http://www.catalystpaper.com/investors

Catalyst Paper posted a net loss of $974.0 million in 2011 due in large part to asset impairments on Canadian and Arizona-based operations. Other factors contributing to the loss were capital restructuring costs, a foreign exchange loss on the translation of U.S. dollar denominated debt and fire-related outages at the Snowflake and Powell River mills. 

Sales in 2011 of $1,261.5 million were up over sales of $1,228.6 million in 2010 as pricing momentum helped mitigate the effect of the strong Canadian dollar.

New York Magazine's New Title

New York Magazine Spins Off Annual Shelter Title:
New York magazine will debut its second stand-alone print spin-off this spring. A shelter title, New York Design Hunting’s launch will coincide with the International Contemporary Furniture Fair, running from May 19-22 at the Javits Center in New York City.

Disney Debuts DisneyBaby.com

Disney Baby combines e-commerce with social: In an effort to create a brand-oriented social commerce experience for expectant and new parents, The Walt Disney Company rolled out DisneyBaby.com in January.

'Bloomberg Businessweek' Relaunches Website

'Bloomberg Businessweek' relaunches website: Bloomberg Businessweek has relaunched its website, Businessweek.com. The site is designed to provide more real-time analysis of news, issues and trends, a Bloomberg Businessweek spokeswoman said.

B-to-b Print Revenue Down 2.6%

B-to-b print revenue falls 2.6% in November: B-to-b print advertising revenue declined 2.6% in November compared with November 2010, according to American Business Media's Business Information Network data. It marked the first time in 2011 that monthly ad revenue dropped.

Northstar Travel On the Block

Northstar Travel On the Block: Northstar Travel Media, the private equity-backed publisher of some of the industry’s best known travel-related brands, is up for sale and gauging interest from prospective buyers, several sources confirmed this week.

Martha Stewart Living Omnimedia Reports Results

A Tough 2011 for Martha Stewart Living Omnimedia Publishing: 

Martha Stewart Living Omnimedia reported a rough last quarter in 2011, closing out a tough financial year for the company’s publishing division. 

Cenveo Reports 2011 and Q4 Results

http://www.cenveo.com/news.htm

During the first quarter of 2012, Cenveo completed the previously announced sales of its Forms and Business Documents Group and its wide format paper business.

For the three months ended December 31, 2011, net sales were $486.5 million, as compared to $435.0 million for the same period in the previous year, an increase of 11.8%. For the year ended December 31, 2011, net sales were $1.9 billion, compared to $1.7 billion for the prior year, an increase of 11.7%. The increase in net sales was primarily due to the acquisition of MeadWestvaco Corporation's Envelope Product Group ("EPG"), and growth from direct envelope, custom label, content management, and specialty packaging product lines.

Quad, Transcontinental Close Sale

Quad, Transcontinental Report Closing Sale/Acquisition of Canadian Plants: Quad/Graphics Inc. announced that it has completed the previously announced sale of its Canadian operations to Transcontinental Inc.

Printing Industry Landscape Changing

Consolidation transforms the printing industry landscape:
While consolidation has been a growth and hang-on strategy for some in the printing industry, the space is undergoing such a seismic shift in its expanding arrays of services that the old metrics and measures no longer apply.

Progress at NewPage Port Hawkesbury Mill

http://www.capebretonpost.com/News/Local/2012-02-28/article-2910939/NewPage-workers-ready-to-negotiate/1

Progress is continuing to be made in the sale of the NewPage Port Hawkesbury supercalendered paper mill, with the union preparing to go to the negotiating table with the prospective buyer.

Steve MacDougall, recording secretary for Communications, Energy and Paperworkers Local 972, confirmed Tuesday the union is finalizing dates for negotiations this month with Pacific West Commercial Corp., headed by Ron Stern.

 

Forbes Media Names Executives

Forbes Media promotes two executives: Meredith Kopit Levien has been promoted to chief revenue officer at Forbes Media, said Mike Perlis, president and CEO of Forbes Media. Mark Howard has also been promoted to SVP of digital advertising strategy.

Quad/Graphics Reports Q4 and 2011 Results

Quad/Graphics Reports Sales Declines, Net Loss: Quad’s net sales for the fourth quarter of 2011 were $1.31 billion, down from $1.39 billion for the same period in 2010. It recorded a net loss of $6.8 million for the quarter, compared to net earnings of $26.5 million in the four quarter of 2010. For the full-year 2011, net sales were $4.67 billion, compared to pro forma net sales of $4.76 billion for the previous year. Quad’s net loss of $46.6 million was an improvement over its net loss of $250 million for fiscal 2010.

Heidelberg Presents Linoprint

Heidelberg Presents Entire Digital Print Portfolio Under the Name Linoprint: At the forthcoming drupa - from May 3 to 16, 2012 in Düsseldorf - Heidelberger Druckmaschinen AG (Heidelberg) will be launching its complete range of digital print solutions for commercial and packaging printing under the name Heidelberg Linoprint.

RRD Sells $450 Million in Notes

New Issue-RR Donnelley sells $450 mln in notes:
R.R. Donnelley & Sons Co on Tuesday sold $450 million of senior unsecured notes, said IFR, a Thomson Reuters service.

European Woodfree Shipments Fall

CEPIFINE has reported that European coated woodfree paper shipments declined -3.2% in January as compared to the same month last year.  Demand decreased -2.2% and exports fell -6.6%. Uncoated woodfree shipments for the month were down -4.2%, demand fell -0.5% and exports declined -25.4%.

NewPage Names Director, Mill Operations

http://www.dailypress.net/page/content.detail/id/535063/Leadership-changes-at-NewPage.html?nav=5003

NewPage announced Greg Maule has been promoted to senior director, Manufacturing Operations and will oversee all NewPage mill operations, effective immediately. Maule was previously the mill manager for the Escanaba operations. Roger Rouleau will replace Mr. Maule as mill manager, Escanaba.

IP to Increase Pulp Pricing

International Paper (IP) informed customers that it will increase prices on three key grades of market pulp by $20-35/tonne depending on grade and region, effective March 1 until further notice, industry contacts said today.

Global Ad Spending Expected to Rise

Global ad spending to accelerate this year: Global advertising expenditures are expected to grow by 4.9% this year, to $465.5 billion, following 3.8% growth in 2011, according to research and consulting company Strategy Analytics.

16 M Tablet Publications Downloaded

Adobe: 16 Million Tablet Publications Downloaded in Last 12 Months: Adobe has released some insights gleaned from data it's been collecting from many of the tablet publications that use its Digital Publishing Suite. 68% of readers worldwide pay for digital magazines and newspapers. Within that 68%, 15% opt for single-copy purchases, 26% buy subscriptions and 27% go for print/digital bundles.