Quad/Graphics Acquires LSC Communications for $1.4 Billion

Two of the top magazine printers in the U.S. are set to merge next year, continuing in the years-long trend of consolidation within the printing industry. Quad/Graphics will acquire LSC Communications in an all-stock transaction with an approximated value of $1.4 billion, which is expected to close in mid-2019. As of Sept. 30 of this year, the estimated combined annual revenue of the company would have been $8 billion. “This is a defining moment in Quad’s 47-year journey,” said Joel Quadracci, Quad/Graphics chairman, president, and CEO, in a statement. “Together with LSC Communications, we will create a compelling combination of talent, expertise and client technology to further fuel our Quad 3.0 marketing solutions transformation and strengthen the role of print–a proven and trusted media form in today’s multichannel world.” This acquisition will mark the ninth merger for Quad within the decade. According to Quadracci in the printer’s 2017 Q4 Conference Call, these mergers are part of the Quad 2.0 transformation plan, which started in 2010 with the $1.3 billion purchase of World Color and is aimed at making the company a “disciplined industry consolidator.” While the 2.0 strategy is aimed at consolidation, the Quad 3.0 strategy focuses on the company’s ability to expand their capabilities quickly with appropriate resources to scale significantly, according to Quadracci in the Q4CC.  The most recent merger for the company took place in March of this year when the company... Continue reading at 'Folio Magazine'

[ Folio Magazine | 2018-10-31 00:00:00 UTC ]
News tagged with: #major step #common stock

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KKR Wins S&S for $1.62 Billion

The private investment firm KKR has agreed to buy Simon & Schuster for $1.62 billion. When the purchase closes, S&S will operate under current leaders Jonathan Karp and Dennis Eulau and KKR promised to "support new growth initiatives" for the country's third largest trade publisher. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-08-07 04:00:00 UTC ]
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So you’ve decided to implement a 4-day workweek. Now what?

When this media company tried out a shorter workweek, it saw a boost in morale and productivity. The CEO explains the careful advanced planning this required. In early 2022, business was booming for digital publisher Alpha Brand Media, and staff were struggling to keep up with demand.Read Full... Continue reading at Fast Company

[ Fast Company | 2023-08-06 05:00:00 UTC ]
More news stories like this | News stories tagged with: #ve decided #media company #digital publisher


Book Bans May Bring the Return of Child-Free Libraries: Censorship News, August 4, 2023

Policies in response to book bans are pushing kids out of libraries — plus, this week's censorship and book banning news. Continue reading at Book Riot

[ Book Riot | 2023-08-04 10:40:00 UTC ]
More news stories like this | News stories tagged with: #book bans #libraries


Lit Hub Daily: August 4, 2023

How author Aimie K. Runyan found a new way to approach story for her “reluctant reader” children. | Lit Hub Parenting “My wife was actually kind of freaked out by how happy I was during that time.” Adrian Tomine on the delight of collaborating on the film adaptation of his graphic novel... Continue reading at Literrary Hub

[ Literrary Hub | 2023-08-04 10:30:27 UTC ]
More news stories like this | News stories tagged with: #adrian tomine #film adaptation #graphic novel


The Week in Libraries: August 4, 2023

Among the week's headlines: a major victory for freedom to read advocates in Arkansas; a motion to block Texas's new 'book rating' law gets a speedy hearing date; the Michigan Library Association recruits advocates for its freedom to read initiative; and a look at the Brooklyn Public Library's... Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-08-04 04:00:00 UTC ]
More news stories like this | News stories tagged with: #major victory #read advocates #block texas #book rating #library association


9 of the Best Manga Adaptations (and 1 that Should Never See the Light of Day)

We round up the very best manga adaptations to watch (along with one title that should never see the light of day). Check out our picks! Continue reading at Book Riot

[ Book Riot | 2023-07-26 10:33:00 UTC ]
More news stories like this | News stories tagged with: #manga adaptations #manga


Draft2Digital Acquires SelfPubBookCovers.com

SPBC, which created a marketplace where authors can buy premade covers, has now become a newly formed D2D division titled Author Success, headed by v-p Nick Thacker. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-07-24 04:00:00 UTC ]
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Beaton, Liu, Takeda Win Graphic Novel Eisners

Kate Beaton won two prizes and DC Comics had eight winners as the comics and graphic novel industry held its annual Eisner Awards ceremony July 21 at the start of this year's San Diego Comic-Con. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-07-23 04:00:00 UTC ]
More news stories like this | News stories tagged with: #dc comics #graphic novel


Panel Mania: 'Xogenasys, Vol. 1'

Xogenasys is a pro fighting league in the gang-dominated New York of 2069. Darius Smith, a teenage fight fan and devastating street fighter himself, is determined to stay away from gang life. The gangs have other ideas. An eight-page excerpt. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-07-19 04:00:00 UTC ]
More news stories like this | News stories tagged with: #gang life #eight-page excerpt


YA author shoots to No 1 on Amazon bestseller list after viral TikTok video

TikToker Jerrad Swearenjin approached Shawn Warner during a book signing because he looked ‘super defeated’A debut author struggling with sales became Amazon’s No 1 bestseller this week after a video of the writer at a quiet book signing went viral on TikTok.58-year-old Shawn Warner was sitting... Continue reading at The Guardian

[ The Guardian | 2023-07-07 13:47:16 UTC ]
More news stories like this | News stories tagged with: #book signing #fort worth #debut author #bestseller list


Top 25 Overall Bestsellers: June 25–July 1, 2023

Here’s a peek at the top 25 books of the week. New titles include, at #1, yet another Colleen Hoover book—this one an updated edition of her self-published 2016 novel, 'Too Late.' Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-07-07 04:00:00 UTC ]
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I love my Kindle even more than my iPhone. 4 reasons why

As someone who works in the tech field, I have a lot of gadgets hanging around the house. While I enjoy playing around with my custom-built theremin (yes it’s a real thing) or my embarrassingly decrepit iPhone, there’s one gadget that I always seem to reach for: my Kindle. I’m a... Continue reading at PC World

[ PC World | 2023-07-03 14:05:14 UTC ]
More news stories like this | News stories tagged with: #remote work #highly rated #free time #science fiction #traditional publishing #kindle


From the Archive: July 4, 1953

On June 25, the ALA, AAP, ABA, Authors Guild, and others reaffirmed their commitment to the landmark “Freedom to Read” statement. We look back at our 1953 reporting on its publication. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-06-30 00:00:00 UTC ]
More news stories like this | News stories tagged with: #authors guild #landmark freedom #read statement


Black Lawrence Press Acquires Nomadic Press Adult Titles

The upstate New York literary press has taken over publication of more than 100 Nomadic books in a deal that closed earlier this month. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-06-27 04:00:00 UTC ]
More news stories like this | News stories tagged with: #closed earlier


8 Recently Published Political Graphic Nonfiction and Memoirs

These eight eye-opening graphic nonfiction and memoirs focus on politics and identity, and they're all published in the last few years, including The Black Panther Party: A Graphic Novel History. Continue reading at Book Riot

[ Book Riot | 2023-06-22 10:32:00 UTC ]
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‘Metal Gear Solid: Master Collection Vol. 1’ heads to consoles and PC on October 24th

Konami has finally shared a release date for Metal Gear Solid: Master Collection Vol. 1. In case you missed the publisher’s original announcement, Konami announced the compilation alongside Metal Gear Solid Delta: Snake Eater during Sony’s recent PlayStation Showcase. At the time, the company... Continue reading at Engadget

[ Engadget | 2023-06-21 17:00:09 UTC ]
More news stories like this | News stories tagged with: #release date #previously announced #digital soundtrack #microsoft store #licensing issues #nintendo switch #graphic novel


Abu Dhabi International Book Fair 2023 Drew 1,300+ Exhibitors

The recently concluded Abu Dhabi International Book Fair reports its 2023 numbers, as well as interest from exhibitors for 2024. The post Abu Dhabi International Book Fair 2023 Drew 1,300+ Exhibitors appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2023-06-08 15:18:39 UTC ]
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The graphic novel 'Blood of the Virgin' brings '70s L.A., grindhouse movie biz to gory life

Sammy Harkham's epic graphic novel took 14 years to create and captures a Los Angeles — and a movie business — that no longer exists. Continue reading at Los Angeles Times

[ Los Angeles Times | 2023-06-08 13:00:48 UTC ]
More news stories like this | News stories tagged with: #epic graphic #sammy harkham #longer exists #graphic novel


WME Acquires Ross Yoon Agency

By acquiring the Washington, D.C.–based literary agency, WME signals a deepening focus on literary talent and specifically nonfiction, as well as a physical expansion into the D.C. area. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-06-02 04:00:00 UTC ]
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Lit Hub Daily: June 1, 2023

HAPPY PRIDE: 37 Drag Race contestants (and RuPaul) on drag as an art form and the show’s legacy • Jess deCourcy Hinds on building an LGBTQ picture book library for her queer family • Cat Sebastian on the unexpected power of Mary Renault’s The Charioteer, the 1950s novel that presaged queer... Continue reading at Literrary Hub

[ Literrary Hub | 2023-06-01 10:30:49 UTC ]
More news stories like this | News stories tagged with: #art form #picture book