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of Justice on anti-trust grounds—both companies were vocal in their opinion that the DOJ's stance was based on an outdated perception of the printing industry.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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Markus Dohle Steps Down as Penguin Random House CEO

Penguin Random House CEO Markus Dohle has relinquished his position at the head of the publisher, “at his own request and on the best of mutual terms,” just weeks after a federal judge blocked the publisher’s attempt to acquire rival Big Five publisher Simon & Schuster. PRH president and... Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-12-09 05:00:00 UTC ]
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Paramount CEO Says S&S Will Be Divested

At a UBS media conference earlier this week, Bob Bakish, CEO of Simon & Schuster parent company Paramount Global, said that with the sale to Penguin Random House now dead, the company still plans to divest the publisher, though he didn’t say how or when. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-12-07 05:00:00 UTC ]
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Publishing Industry Sales Down 4.5% Through September

Total publishing industry sales fell 4.5% through September compared to 2021, with trade sales down 3.3%, at the 1,368 publishers who report revenue to the AAP’s StatShot program. Lower hardcover sales and higher returns were the main drivers in pushing down trade sales. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-12-05 05:00:00 UTC ]
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Comics and Graphic Novels to Read When You’re Under the Weather

These comics are perfect for your next sick day, from a nonfiction comic about the 1918 flu to a comforting graphic novel about tea dragons. Continue reading at Book Riot

[ Book Riot | 2022-12-01 11:34:00 UTC ]
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Featured Trailer: DUNE: THE OFFICIAL MOVIE GRAPHIC NOVEL by Lilah Sturges

Watch this week's featured trailer: DUNE: THE OFFICIAL MOVIE GRAPHIC NOVEL by Lilah Sturges! Continue reading at Book Riot

[ Book Riot | 2022-12-01 11:31:00 UTC ]
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QUIZ: Guess the Graphic Novel Based on the First Lines

How well can you remember graphic novels from their words, not their art? See if you can match these famous comics to their opening lines! Continue reading at Book Riot

[ Book Riot | 2022-11-24 11:31:00 UTC ]
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Avery Hill Dreams Big for Graphic Novels

With only three employees, the U.K.-based graphic novel publisher is building an audience, at home and in the U.S. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-11-23 05:00:00 UTC ]
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WATCH: How People Are Failed by the Health Institutions Meant to Protect Them

Greenlight welcomes poet and author Emma Bolden for a virtual evening celebrating her new book, The Tiger and the Cage. This exquisitely wrought debut memoir recounts Bolden’s lifelong struggle with chronic pain and endometriosis, while speaking more broadly to anyone who has been told “it’s all... Continue reading at Literrary Hub

[ Literrary Hub | 2022-11-10 09:52:30 UTC ]
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The Guardian view on the book publishing industry: no one size fits all | Editorial

The failure of a recent bid to merge two large publishing companies shines a light on a central issue of cultural powerDespite a rise in self-publishing, commercial publishers are still the main gatekeepers of what arrives on our bookshelves. As such, they have great cultural and – if a book... Continue reading at The Guardian

[ The Guardian | 2022-11-04 18:25:28 UTC ]
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A Merger Between Penguin Random House and Simon & Schuster Was Blocked, but Brought the Industry Little Clarity

The uncertainty comes at a time when publishing is facing slumping sales after a pandemic boom, and fears of recession. Continue reading at The New York Times

[ The New York Times | 2022-11-01 22:14:42 UTC ]
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Diamond Retailer Summit Surveys Changing Comics Industry

Comics industry publishers and retailers gathered in person for the 2022 Diamond Retailer Summit, held October 26-28 in conjunction with the Baltimore Comic Con. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-11-01 04:00:00 UTC ]
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SIBF 2022: PRH CEO Dohle Says Ruling Is "Utterly Wrong"

Penguin Random House CEO Markus Dohle took the stage on Tuesday morning at the Sharjah International Book Fair and said he is "super disappointed" with the court ruling blocking PRH's proposed acquisition of S&S, calling the decision "utterly wrong." Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-11-01 04:00:00 UTC ]
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Playwrights Canada Press Keeps Pace with Publishing Industry

The sole Canadian press that deals exclusively in theatrical works evolves to keep pace with changes in the publishing industry. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-10-28 04:00:00 UTC ]
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Lyrasis Names U. of Illinois Librarian John Wilkin CEO

Wilkin was appointed after a six-month search and will succeed Erin Tripp, currently Interim Lyrasis CEO, who took the helm after CEO Robert Miller announced his departure in February. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-10-28 04:00:00 UTC ]
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Harper Horizon’s Andrea Fleck-Nisbet Named CEO of IBPA

Andrea Fleck-Nisbet, founding v-p and publisher of Nashville-based nonfiction imprint Harper Horizon, will succeed Angela Bole as CEO of the Independent Book Publishers Association, effective November 1. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-10-26 04:00:00 UTC ]
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Missouri Proposes New ‘Protection of Minors’ Rule for Libraries

Missouri Secretary of State Jay Ashcroft last week announced a new proposed rule he says will protect minors in the state’s libraries, but librarians and freedom to read advocates say the unwieldy new rule is a "First Amendment minefield." Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-10-20 04:00:00 UTC ]
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Z2 Comics Names New Leadership Team Following Resignation of CEO

Z2 Comics, an indie graphic novel publisher specializing in music and pop culture merchandise, announced that its founder and CEO Josh Frankel has left the company, and a new leadership team has been appointed. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-10-17 04:00:00 UTC ]
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Global 50: The World Ranking of the Publishing Industry 2021

PW’s annual ranking of the world’s largest publishers in 2021 shows little change from 2020 among the top 10 Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-10-07 04:00:00 UTC ]
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‘Everyone’s got a book in them’: boom in memoir industry as ordinary people record their stories

Companies providing ghostwritten autobiographies for people wanting to share histories have seen surge in trade since CovidBrian Lewis grew up on a tough council estate after arriving in Britain as part of the Windrush generation. At the age of eight he developed an interest in chess and joined... Continue reading at The Guardian

[ The Guardian | 2022-09-24 14:00:06 UTC ]
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Macmillan Announces Changes as CEO Transition Continues

Jon Yaged, who will officially succeed Don Weisberg as CEO of Macmillan Publishers US later this year, will take over day-to-day responsibilities for running the company, effective today, along with other changes among executive personnel. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-09-22 04:00:00 UTC ]
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