Cenveo Shutters Cadmus Printing Plant Amid COVID-19 Downturn

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 turn, has diminished the available work at the facility," the notice reads. "One large customer has ceased all work permanently, several publishers have cancelled or delayed their print projects, and nearly all comic production has ceased." "Most" of the 184 employees at the plant are expected to be permanently laid off by May 31, the notice said. Long operated by Cadmus Communications, which grew to become one of the largest publication printers in North America by the time it was acquired by Cenveo for $430 million in 2006, the Richmond plant specialized in printing comic books, journals, books and magazines, including Richmond Family, Virginia Living, and Virginia Business, which first reported the news of the closure on Wednesday. Publication printers across the country are suffering from declining revenues, a trend that's only been accelerated as publishers reduce frequencies or suspend print production during the COVID-19 pandemic. LSC Communications, which filed for Chapter 11 bankruptcy in April after revenues fell 17% year-over-year in 2019, indicated three days later that it was temporarily closing its Baraboo, Wisc. facility amid a "sudden and unexpected" decrease in... Continue reading at 'Folio Magazine'

[ Folio Magazine | 2020-05-07 19:05:44 UTC ]
News tagged with: #declining revenues #temporarily closing #pandemic struck #net sales

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Apple’s Latest ‘Shot on iPhone’ Film Is a 19-Minute Manga Adaptation

Apple turned to Japanese genre manga as inspiration for an epic installment of its long-running and celebrated "Shot on iPhone" campaign. The 19-minute film, "Midnight," by agency TBWA\Media Arts Lab Tokyo, is based on a 1986 manga series by Osamu Tezuka. The story... Continue reading at AdWeek

[ AdWeek | 2024-03-07 14:16:11 UTC ]
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Cambodia's pioneering post-Khmer Rouge era Phnom Penh Post newspaper will stop print publication

The Phnom Penh Post, a newspaper founded in 1992 as Cambodia sought to re-establish stability and democracy after decades of war and unrest, says it will stop publishing a print edition this month, the latest blow to the country’s dwindling independent... Continue reading at ABC News

[ ABC News | 2024-03-01 11:58:31 UTC ]
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U.K. Publishing Spotlight: How Covid Fostered DK's Transatlantic Collaboration

The CEO of DK U.K. explains how the shift to remote work provided a vital connection to the U.S. and introduced new practices that helped grow sales by 20%. Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-02-23 05:00:00 UTC ]
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Print Book Sales Fell 6% in January

Difficult comparisons to last January, when 'Spare' sold more than 900,000 copies, led to a 6% decline in unit sales of print books in January from a year ago. Sales improved at the end of the month with the release of 'House of Flame and Shadow' by Sarah J. Maas. Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-02-20 05:00:00 UTC ]
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Lit Hub Daily: February 19, 2024

Kate Sidley on writing in the aftermath of a home robbery: “When bad things happen, they happen off-page, out of sight, and with a certain delicacy.” | Lit Hub Memoir Lockdown may be over, but what did it to to our collective sense of balance? How the pandemic ruined our understanding of “free”... Continue reading at Literrary Hub

[ Literrary Hub | 2024-02-19 11:30:44 UTC ]
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Oregon weekly newspaper to relaunch print edition after theft forced it to lay off its entire staff

An Oregon weekly newspaper that had to lay off its entire staff after its funds were embezzled will relaunch its print edition next month Continue reading at ABC News

[ ABC News | 2024-01-28 01:58:28 UTC ]
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Bombardier unveils new private jet assembly plant at Pearson airport

The Canadian aerospace firm Bombardier is in the midst of moving its aircraft assembly plant from Downsview Park to Pearson Airport, and CBC Toronto got a sneak peak of the new facility.  Continue reading at CBC

[ CBC | 2024-01-23 10:00:49 UTC ]
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The Week in Libraries: January 19, 2024

Among the week’s headlines: ALA’s LibLearnX 2024 gets underway; students and librarians at an Idaho high school push back against book bans; and an Alabama legislator wants to make it easy for politicians to fire library board members. Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-01-19 05:00:00 UTC ]
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Circana BookScan: A Holiday-Season Boost in US Print Sales

Circana Bookscan reports that in week 51 in the U.S., 31 million print books were sold, marking a 1-percent holiday season growth over 2022. The post Circana BookScan: A Holiday-Season Boost in US Print Sales appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2024-01-10 14:11:58 UTC ]
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Print Book Sales Fell 2.6% in 2023

A 1.7% increase in sales in the fourth quarter kept the drop at 2.6% for the year, overcoming a 4.1% drop during the first nine months. Smaller than expected losses in sales of books for adults helped to offset plunges in the children’s sector. Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-01-05 05:00:00 UTC ]
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Print Sales Rose 5.8% in Christmas Week

The holiday sales period ended on a high note with unit sales of print books increasing 5.8% over the week ended December 24, 2022 at outlets that report to Circana BookScan. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-12-29 05:00:00 UTC ]
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Colm Tóibín! Geraldine Brooks! A guide to killing time! 19 books out in paperback this January.

2o24 is approaching! It’s hard to believe that 2023 is over, but a new year means new possibilities (always), new resolutions (maybe), and new books (once again, always). But it also means a new chance to pick up some excellent reads from 2023 that you might have missed when they first came out,... Continue reading at Literrary Hub

[ Literrary Hub | 2023-12-22 14:01:02 UTC ]
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E-readers were supposed to kill printed books. Instead, they're booming

When e-readers like the Amazon Kindle burst onto the scene, they were predicted to bring about the death of the print book — and maybe the independent bookstore too. But publishing sales data and on the ground observations from booksellers indicate that neither prediction has come true. Continue reading at CBC

[ CBC | 2023-12-17 09:00:00 UTC ]
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The End of the Holiday Print Book Sales Streak

Sales of Liz Cheney's new book got off to a good start and three titles by Rebecca Yarros continued to be hot, but print sales dipped 1.1% last week from a year ago. The decline put an end to two weeks of higher sales over 2022. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-12-14 05:00:00 UTC ]
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Joe Sacco’s acclaimed graphic novel about Gaza is being rushed back into print.

Palestine, Eisner Award-winning cartoonist Joe Sacco’s seminal nonfiction graphic novel about Gaza, which pioneered the medium of “comics journalism” upon its publication over twenty years ago, has been rushed back into print in response to surging demand. First published across nine issues by... Continue reading at Literrary Hub

[ Literrary Hub | 2023-12-11 17:26:58 UTC ]
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Book Packager Melcher Media Expands into Marketing and Printing

After 30 years in business, the company will offer direct-to-consumer sales, marketing, and printing services for what founder and CEO Charles Melcher calls "a focused list of clientele." Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-11-30 00:00:00 UTC ]
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Suzanne Collins, Rebecca Yarros Drove Print Book Sales Up over Thanksgiving

Titles in the Hunger Games and Empyrean series sold in big numbers last week, leading to a 1.4% increase in sales of print books over 2022. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-11-30 00:00:00 UTC ]
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Webtoons and Webcomics Keep Scrolling into Print

Online comics are racking up readers, and print book publishers are catching on. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-11-24 05:00:00 UTC ]
More news stories like this | News stories tagged with: #print book