Quad/Graphics CEO: Industry Needs to Protect Its Supply Chain

In the aftermath of last year's failed merger of two major publication printers, Quad/Graphics and LSC Communications—a deal that was abandoned after it was challenged by the Department of Justice on anti-trust grounds—both companies were vocal in their opinion that the DOJ's stance was based on an outdated perception of the printing industry. While each was undoubtedly the other's largest competitor in magazine, catalog and retail insert printing, Quad and LSC argued that the real competition was in digital media—clients opting to disseminate their publications and marketing materials online rather than on paper. The DOJ disagreed, arguing that Quad and LSC's printing and distribution resources constituted the "only realistic options" for many publishers and that eliminating competition between the two would "likely increase the price and reduce the availability of products from popular magazines to grade school textbooks.” In the year since the two companies agreed to call off the merger rather than devote time and resources to litigation, Quad/Graphics has pushed ahead with its "Quad 3.0" strategy, which focuses on integrated client solutions spanning multiple channels, including print and digital, while LSC filed for Chapter 11 bankruptcy in April amid mounting debt and double-digit declines in revenue in the second half of 2019. In a video interview with Printing Impressions last week, Quadracci reaffirmed his position on the DOJ's decision. "You have to remember... Continue reading at 'Folio Magazine'

[ Folio Magazine | 2020-06-11 18:41:59 UTC ]

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Council, Adams reach $5B deal on City of Yes housing plan

The City Council advanced but weakened Mayor Eric Adams’ City of Yes housing plan in a last-minute deal ratified on Thursday in two committee votes. As part of the agreement, the administration committed to spending $5 billion on affordable housing programs and infrastructure improvements.Many... Continue reading at Crains New York

[ Crains New York | 2024-11-21 19:06:35 UTC ]
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Here’s how the American press can survive four years of Trump | Margaret Sullivan

The media will be under siege, but former Washington Post editor Marty Baron has some ideas for what journalists can doEverything we know about the next US president suggests that the press in America will be under siege in the next four years as never before.After all, Donald Trump has... Continue reading at The Guardian

[ The Guardian | 2024-11-07 17:33:15 UTC ]
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The best Prime Day deals you can still get after the October Big Deal Days sale: Apple, Anker, Sonos, Lego and more

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Google’s ad tech practices have landed them in court. Here’s why

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Creativity, Innovation, and Sustainability at Leo Paper

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This startup wants to be the iTunes of AI content licensing

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[ Engadget | 2024-08-23 16:29:42 UTC ]
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Perplexity will put ads in its AI search engine and share revenue with publishers

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Print Book Sales Rose 5% in May

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A Devil’s Bargain With OpenAI

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Microsoft is running an Xbox partner showcase on March 6

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Google sued for $2.3bn by European media groups over digital ad losses

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News Publishers Welcome Tobacco Ads—Just Not for Cigarettes

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Amazon restricts authors from self-publishing more than three books a day after AI concerns

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[ The Guardian | 2023-09-20 16:22:58 UTC ]
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How publishers like The Marshall Project and The Markup are testing generative AI in their newsrooms

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Google has a new AI tool for journalism—but should we trust tech to meddle in newsrooms?

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Kindle Scribe update lets you send documents directly from Microsoft Word

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