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Commercial printer Cadmus Communications is shuttering its Richmond, Va. printing plant and will lay off up to 184 employees by May 31, according to a WARN Act notice filed by parent company Cenveo Corp. this week. "The COVID-19 pandemic has adversely impacted our customers’ businesses and, in... Continue reading at 'Folio Magazine'
[ Folio Magazine | 2020-05-07 19:05:44 UTC ]
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#net sales
#pandemic struck
#temporarily closing
#declining revenues
Traditional media companies will continue to feel a financial squeeze over the next four years, as flat or declining revenues are expected at magazine and newspaper publishers even as they post gains in digital advertising and subscriptions, a new report shows.Consumer magazine revenue will be... Continue reading at 'Advertising Age'
[ Advertising Age | 2015-06-03 00:00:00 UTC ]
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#media outlook
#report shows
#digital advertising
#newspaper publishers
#declining revenues
The spinoff of Time Inc. to create the world's largest publicly-traded magazine publisher may be just the beginning of deals for the owner of People and Sports Illustrated.With analysts estimating an enterprise value of about $3.9 billion—a measure of what it could cost to buy a company—an... Continue reading at 'Crains New York'
[ Crains New York | 2013-03-15 00:00:00 UTC ]
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#strategic alternatives
#makes sense
#evolving industry
#declining revenues
#jeff bewkes