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of Justice on anti-trust grounds—both companies were vocal in their opinion that the DOJ's stance was based on an outdated perception of the printing industry.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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Publishing Industry Sales Were Flat in May

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[ Publishers Weekly | 2023-07-19 04:00:00 UTC ]
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‘There’s an industry-wide mental health crisis’: authors and publishers on why the books sector needs to change

After a survey revealed the stresses that authors face when placed in the spotlight for the first time, publishing houses and industry bodies have pledged extra training and pastoral careAuthor and publisher welfare has been a hot topic in the books industry of late. Publishing houses, trade... Continue reading at The Guardian

[ The Guardian | 2023-07-18 15:13:43 UTC ]
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Tattered Cover Names New Interim CEO

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[ Publishers Weekly | 2023-07-06 04:00:00 UTC ]
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CONTEC Mexico: ‘Is the Publishing Industry Sustainable?’

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[ Publishing Perspectives | 2023-07-05 19:17:56 UTC ]
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ALA 2023: Experts and Allies Supply Librarians with Information and Tools to Fight Censorship

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[ Publishers Weekly | 2023-06-27 04:00:00 UTC ]
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8 Recently Published Political Graphic Nonfiction and Memoirs

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How the Joint Industry Committee will certify Nielsen alternatives

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Publishing Industry Sales Fell 7.6% in April

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March StatShot: US Book Industry Up 3.2 Percent Year-to-Date

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[ Publishing Perspectives | 2023-06-09 16:06:34 UTC ]
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The graphic novel 'Blood of the Virgin' brings '70s L.A., grindhouse movie biz to gory life

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[ Los Angeles Times | 2023-06-08 13:00:48 UTC ]
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[ Publishers Weekly | 2023-05-31 04:00:00 UTC ]
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U.S. Book Show 2023: Comics and Graphic Novels Day in Photos

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