Friday, March 2, 2012

IP Completes Sale of Inverurie Mill

http://www.internationalpaper.com/US/EN/index.html
International Paper announced today that it has completed the sale of the major part of its former Inverurie Paper Mill site. The UK mill made 255,000 mtpy of uncoated (230M) and coated woodfree paper and was closed in 2010.

SF Wants to be First


The San Francisco Treasurer’s Office, which wants printed paychecks to become a thing of the past, is introducing a new program encouraging businesses to move to completely electronic payroll systems. The city wants to be the first in the nation to eliminate printed paychecks.

 

Chairman of Forbes to Receive Prism Award

Steve Forbes to Receive Prism Award from New York University:
The Advisory Board of the NYU School of Continuing and Professional Studies Graphic Communications Management and Technology program has named Steve Forbes, chairman and editor-in-chief of Forbes Media LLC, the winner of the 2012 Prism Award.

Ideal Printers and PrintMailers Merge

Ideal Printers and PrintMailers Merge to Become Seebridge Media: Ideal Printers and PrintMailers Inc., two of Houston’s largest mail and print service companies, announced a merger that will combine their complementary portfolio of cross-media production services into a new company named Seebridge Media.

Kodak Reports Proposed Sale of Gallery

Kodak Announces Proposed Sale of Gallery Photo Services Site to Shutterfly: Eastman Kodak has entered into an agreement with Shutterfly, a leading Internet-based social expression and personal publishing service, for the proposed sale of certain assets of its Kodak Gallery online photo services business for $23.8 million.

Thursday, March 1, 2012

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

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.

Wednesday, February 29, 2012

Progress at NewPage Port Hawkesbury Mill

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.