DOCSLIB.ORG

2016-Annual-Report.Pdf

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
2016-Annual-Report.Pdf 2016ANNUAL REPORT PORTFOLIO OVE RVIEW NEW MEDIA REACH OF OUR DAILY OPERATE IN O VER 535 MARKETS N EWSPAPERS HAVE ACR OSS 36 STATES BEEN PUBLISHED FOR 100% MORE THAN 50 YEARS 630+ TOTAL COMMUNITY PUBLICATIONS REACH OVER 20 MILLION PEOPLE ON A WEEKLY BASIS 130 D AILY N EWSPAPERS 535+ 1,400+ RELATED IN-MARKET SERVE OVER WEBSITES SALES 220K REPRESENTATIVES SMALL & MEDIUM BUSINESSES SAAS, DIGITAL MARKETING SERVICES, & IT SERVICES CUMULATIVE COMMON DIVIDENDS SINCE SPIN-OFF* $3.52 $3.17 $2.82 $2.49 $2.16 $1.83 $1.50 $1.17 $0.84 $0.54 $0.27 Q2 2014 Q3 2014 Q4 2014 Q1 2015 Q2 2015 Q3 2015 Q4 2015 Q1 2016 Q2 2016 Q3 2016 Q4 2016 *As of December 25, 2016 DEAR FELLOW SHAREHOLDERS: New Media Investment Group Inc. (“New Media”, “we”, or the “Company”) continued to execute on its business plan in 2016. As a reminder, our strategy includes growing organic revenue and cash flow, driving inorganic growth through strategic and accretive acquisitions, and returning a substantial portion of cash to shareholders in the form of a dividend. Over the past three years since becoming a public company, we have consistently delivered on this strategy, and we have created a total return to shareholders of over 50% as of year-end 2016. Our Company remains the largest owner of daily newspapers in the United States with 125 daily newspapers, the majority of which have been published for more than 100 years. Our local media brands remain the cornerstones of their communities providing hyper-local news that our consumers and businesses cannot get anywhere else. With the growth of Propel Business Services, our small and medium sized business (“SMB”) solutions provider, we now also serve over 220,000 SMBs in these local communities and beyond. ORGANIC REVENUE AND CASH FLOW GROWTH New Media continues to diversify its revenue base away from traditional print advertising, with that segment dropping to 48% of our total revenue in 2016, due to our increased focus on building our stable and growing revenue segments. We had notable growth in 2016 within Propel Business Services (“Propel”) and our events division, GateHouse Live. In addition, our subscription revenue, driven by our unique local content, remains our single largest revenue category, and continues to grow. Propel is our fastest growing business and we remain very excited about its future contributions to our company. The business helps SMBs solve their most common and pressing challenges from navigating their digital marketing needs to managing their current and targeted customer base, among other things. In 2016, Propel achieved revenues of $53.0 million, marking a 69.1% year-over-year growth. We believe Propel is uniquely positioned to serve the over 2 million SMBs in our local communities due to the already trusted partnership of our newspaper brands and our dedicated, local sales representatives. GateHouse Live is our newly created events division, which specializes in delivering world-class events for the media industry and the communities they serve. This division was only recently launched in 2015 and has already grown to host 120 events in 2016. Through continued creation and expansion across the country, it is set to double both in revenue and number of events in 2017. Demand within our communities is strong for these events, with one of our more popular offerings, ‘Best of Preps’, which highlights the top athletes within the community, being held in more than 20 markets this year. Within the traditional newspaper business, New Media continues to provide our communities the high quality, comprehensive, hyper-local news they rely on. Our continued focus on providing this unique content has kept our products relevant and valuable to both the consumers and businesses in our markets. The Company continues to generate substantial free cash flow across our portfolio which has allowed us to continue to successfully implement our strategy including raising the dividend for the third consecutive year. Though traditional print revenues continue to decline, we do see our ability to achieve organic revenue growth, thanks to the success we are seeing in our other divisions, primarily driven by Propel. INORGANIC GROWTH THROUGH STRATEGIC AND ACCRETIVE ACQUISITIONS 2016 was a busy year for us, completing our largest number of acquisitions in any single year, and bringing our total acquisitions above $735 million since inception. We continue to remain disciplined in our approach to acquisitions with our average multiple at 4.0x the seller’s LTM As Adjusted EBITDA, the midpoint of our stated acquisition range. The Company acquired several notable papers this year with long and storied histories of serving their communities for over a century. The Erie Times-News (PA), The Fayetteville Observer (NC), and the Columbia Daily Tribune (MO) are all flagship daily newspapers with award-winning journalism and strong community relationships. We also acquired the assets of Harris Enterprises, which included six newspapers-of-record in the central Kansas and eastern Iowa regions. New Media was honored to be trusted by each of the previous family owners of these publications to carry on their tradition of providing quality news coverage and editorial content and to welcome these communities and employees into our growing family. New this year was an opportunity for us to acquire strong business journals, creating our business-to-business media division, BridgeTower Media. We acquired The Dolan Company, Journal Multimedia and the Rochester Business Journal which is allowing us to cover the legal, financial, real estate, and government affairs sectors across 20 different markets. We now have 44 print and digital publications and are able to provide business and marketing services in addition to high quality and trusted journalism for our businesses. BridgeTower Media has now grown to become a $75 million division for us. One of the very exciting prospects for this group is that it provides a tailor- made customer base for Propel, as business publication subscribers typically are small business owners. To further strengthen our offering for SMBs through Propel, we acquired ThriveHive, an award-winning marketing software designed specifically for small businesses, for $11.8 million in Q1 2016. The technology has been the perfect complement to Propel’s ‘Do-It-For-Me’ approach, allowing us to connect with smaller businesses looking to run their own digital and contact market campaigns. Propel now offers an even wider product suite to meet the needs of SMBs, and is a full-service software and technology platform poised to continue on its successful growth trajectory. New Media is well positioned to continue to take advantage of the acqusition opportunities we see in the pipeline with over $200 million of liquidity as of year-end 2016. RETURN OF CAPITAL TO SHAREHOLDERS IN THE FORM OF A DIVIDEND New Media continued to return cash to our shareholders, increasing the dividend in Q3 2016 to $0.35 and declaring a total of $1.36 in dividends for 2016. Since our spin-off, the Company has returned $3.52 in cumulative dividends and grown the dividend by 30%. We remain committed to growing free cash flow through the organic and inorganic initiatives spoken of above, which will allow us to continue to support and grow our dividend in 2017 and beyond. 2017 AND BEYOND New Media has launched several new businesses over the past few years that are now becoming meaningful contributors to revenue and poised to become meaningful contributors to EBITDA and cash flow as well in 2017. We are excited and optimistic about our business from an organic perspective and have a solid liquidity position which will support the attractive acquisition opportunities we have in the pipeline. By creating over 50% in total returns for shareholders since our inception, we have outperformed both the S&P 500 (34% total return) and Russell 2000 (26% return). We believe New Media remains an attractive total return vehicle that will drive substantial returns for our shareholders. Michael E. Reed Chief Executive Officer and President February 25, 2017 CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS Certain items herein may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding the company’s future business strategy, expected revenue trends and our ability to continue to grow free cash flow, EBITDA, and our dividend and deliver shareholder returns, growing our digital marketing and services business and events business, pursuing and completing future acquisitions and strategic opportuni- ties, and the availability of such acquisitions and opportunities and the expected benefits associated with acquisitions and strategic opportunities, and liquidity and our ability to pay dividends and fund acquisitions and strategic opportunities. These statements are based on management’s current expectations and beliefs and are subject to a number of risks and uncertainties. These risks and uncertainties could cause actual results to differ materially from those described in the forward- looking statements, many of which are beyond our control. The Company can give no assurance that its expectations will be attained. Accordingly, you should not place undue reliance on any forward-looking statements contained herein. For a discussion of some of the risks and important factors that could cause actual results to differ from such forward-looking statements, see the risks and other factors detailed from time to time in the Company’s Annual Report on Form 10-K, Quarterly Reports on Form 10-Q, and other filings with the Securities and Exchange Commission. Furthermore, new risks and uncertainties emerge from time to time, and it is not possible for the Company to predict or assess the impact of every factor that may cause its actual results to differ from those contained in any forward-looking statements.
Load more

Recommended publications
  • The Kansas Publisher Official Monthly Publication of the Kansas Press Association June 8, 2011
    The Kansas Publisher Official monthly publication of the Kansas Press Association June 8, 2011 Inside Today Page 2 Kevin Slimp says a new website tool is affordable for smaller newspapers. Page 3 Jim Purmarlo has some advice for newspapers on their busi- ness coverage. Page 4 KPA president Patrick Lowry says Joplin tornado underscored the importance of what newspa- pers do for their communities. Page 6 A 16-part newspaper serial story will be available to KPA newspapers this fall. On their trek to the concert area, Symphony in the Flint Hills attendees in 2010 take a break to talk Page 8 with two outriders, whose task was to keep the attendees and the cattle in the pasture safe. NNA research projects cover a wide range of newspaper Flint Hills Symphony project: Part II subjects. University will provide free access to stories, Page 8 Concert content available photographs and videos for use in Kansas news- He may sound like a broken n just a few short years, the Symphony in the papers for the second consecutive year. record, but Doug Anstaett con- Flint Hills has become a marquee event for The material will be available for use in tinues to harp on the importance Ithe state of Kansas. newspapers soon after the event. of uploading digital PDFs. The sixth annual concert is set for Saturday To download stories, photos and videos for (June 11), this time in the Fix Pasture near Vol- your newspaper, go to: http://www.fl inthillsme- land, Kan. in Wabaunsee County. diaproject.com/?page_id=220 KPA Calendar The event celebrates the native grassland The only request is that if you use content, prairie of Kansas, which has remained virtually please send two copies of the work to Anderson, July 20 undisturbed for centuries.
    [Show full text]
  • GHMNE Weekly Ad Rates
    S E T A R G N I S I Y L T R K E E V E D W A effective august 29, 2011 GateHouse Media New England Targeted Coverage. Broad Reach. Unique Content. GateHouse Media offers advertisers a powerful way to target consumers in Eastern Massachusetts. With a network of more than 100 newspapers, we deliver the strongest coverage of key demographic groups in the desirable communities around Boston. Whether it’s dailies or weeklies, single paper buys or whole market coverage, print or online, GateHouse can deliver a high impact, cost effective advertising solution to meet your marketing needs. GateHouse Media is one of the largest publishers of locally based print and online media in the United States. The company offers a portfolio of products that includes nearly 500 community publications and more than 250 websites, and seven yellow page directories, serves over 233,000 business advertising accounts and reaches approximately 10 million people a week in 18 states. Weekly Market Coverage There’s a better way to buy Boston — GateHouse Media New England Amesbury Merrimac Salisbury Newburyport West Haverhill Newbury Newbury eland Grov Methuen Georgetown Rowley ce n re w Dracut La Boxford h Ipswich t Dunstable r ug North Pepperell ro o Townsend o Andover p sb k ng Andover c Ty o Lowell R Topsfield Essex Hamilton Gloucester Groton Tewksbury Middleton Wenham Lunenburg Westford Chelmsford North n Manchester to Reading g Danvers Beverly Shirley Ayer Billerica in lm L i y n W n Littleton Carlisle Reading f Peabody Leominster ie ld Har vard ton Wakefield Salem
    [Show full text]
  • Official Form 309F (For Corporations Or Partnerships)
    17-22445-rdd Doc 9 Filed 03/28/17 Entered 03/28/17 11:28:37 Ch 11 First Mtg Corp/Part Pg 1 of 3 Information to identify the case: Debtor Metro Newspaper Advertising Services, Inc. EIN 13−1038730 Name United States Bankruptcy Court Southern District of New York Date case filed for chapter 11 3/27/17 Case number: 17−22445−rdd Official Form 309F (For Corporations or Partnerships) Notice of Chapter 11 Bankruptcy Case 12/15 For the debtor listed above, a case has been filed under chapter 11 of the Bankruptcy Code. An order for relief has been entered. This notice has important information about the case for creditors, debtors, and trustees, including information about the meeting of creditors and deadlines. Read both pages carefully. The filing of the case imposed an automatic stay against most collection activities. This means that creditors generally may not take action to collect debts from the debtor or the debtor's property. For example, while the stay is in effect, creditors cannot sue, assert a deficiency, repossess property, or otherwise try to collect from the debtor. Creditors cannot demand repayment from the debtor by mail, phone, or otherwise. Creditors who violate the stay can be required to pay actual and punitive damages and attorney's fees. Confirmation of a chapter 11 plan may result in a discharge of debt. A creditor who wants to have a particular debt excepted from discharge may be required to file a complaint in the bankruptcy clerk's office within the deadline specified in this notice.
    [Show full text]
  • News Deserts and Ghost Newspapers: Will Local News Survive?
    NEWS DESERTS AND GHOST NEWSPAPERS: WILL LOCAL NEWS SURVIVE? PENELOPE MUSE ABERNATHY Knight Chair in Journalism and Digital Media Economics Will Local News Survive? | 1 NEWS DESERTS AND GHOST NEWSPAPERS: WILL LOCAL NEWS SURVIVE? By Penelope Muse Abernathy Knight Chair in Journalism and Digital Media Economics The Center for Innovation and Sustainability in Local Media School of Media and Journalism University of North Carolina at Chapel Hill 2 | Will Local News Survive? Published by the Center for Innovation and Sustainability in Local Media with funding from the John S. and James L. Knight Foundation and the University of North Carolina at Chapel Hill Office of the Provost. Distributed by the University of North Carolina Press 11 South Boundary Street Chapel Hill, NC 27514-3808 uncpress.org Will Local News Survive? | 3 TABLE OF CONTENTS Preface 5 The News Landscape in 2020: Transformed and Diminished 7 Vanishing Newspapers 11 Vanishing Readers and Journalists 21 The New Media Giants 31 Entrepreneurial Stalwarts and Start-Ups 40 The News Landscape of the Future: Transformed...and Renewed? 55 Journalistic Mission: The Challenges and Opportunities for Ethnic Media 58 Emblems of Change in a Southern City 63 Business Model: A Bigger Role for Public Broadcasting 67 Technological Capabilities: The Algorithm as Editor 72 Policies and Regulations: The State of Play 77 The Path Forward: Reinventing Local News 90 Rate Your Local News 93 Citations 95 Methodology 114 Additional Resources 120 Contributors 121 4 | Will Local News Survive? PREFACE he paradox of the coronavirus pandemic and the ensuing economic shutdown is that it has exposed the deep Tfissures that have stealthily undermined the health of local journalism in recent years, while also reminding us of how important timely and credible local news and information are to our health and that of our community.
    [Show full text]
  • Minority Percentages at Participating Newspapers
    Minority Percentages at Participating Newspapers Asian Native Asian Native Am. Black Hisp Am. Total Am. Black Hisp Am. Total ALABAMA The Anniston Star........................................................3.0 3.0 0.0 0.0 6.1 Free Lance, Hollister ...................................................0.0 0.0 12.5 0.0 12.5 The News-Courier, Athens...........................................0.0 0.0 0.0 0.0 0.0 Lake County Record-Bee, Lakeport...............................0.0 0.0 0.0 0.0 0.0 The Birmingham News................................................0.7 16.7 0.7 0.0 18.1 The Lompoc Record..................................................20.0 0.0 0.0 0.0 20.0 The Decatur Daily........................................................0.0 8.6 0.0 0.0 8.6 Press-Telegram, Long Beach .......................................7.0 4.2 16.9 0.0 28.2 Dothan Eagle..............................................................0.0 4.3 0.0 0.0 4.3 Los Angeles Times......................................................8.5 3.4 6.4 0.2 18.6 Enterprise Ledger........................................................0.0 20.0 0.0 0.0 20.0 Madera Tribune...........................................................0.0 0.0 37.5 0.0 37.5 TimesDaily, Florence...................................................0.0 3.4 0.0 0.0 3.4 Appeal-Democrat, Marysville.......................................4.2 0.0 8.3 0.0 12.5 The Gadsden Times.....................................................0.0 0.0 0.0 0.0 0.0 Merced Sun-Star.........................................................5.0
    [Show full text]
  • Town of Norwell Special Town Meeting Warrant
    Town Of Norwell Special Town Meeting Warrant MauritzConscience-smitten garb clamorously. and bye Water-gas Ellwood Chasstill insphere dures unpredictably his severalties and vivo. hissingly, Loftiest she Gershom hallucinate arbitrates her Assad some hyphenatesresponsers afterintertwistingly. apposite LMG pension assets are managed by News Corporation. Tandem Awards, Surprise walked into the vegetable and seated him must at the right recipient of Miss Curtis. This prospectus directive, or acquires the town of meeting warrant would have been allocated to use of. The town of delaware law may experience. The town of notice thereof in a deferred financing to meet these costs. Accordingly, our Manager may acquire given limited access to information about the welcome opportunity staff will loose on information provided contain the dial of the sole opportunity. This meeting warrant and special town lines the towns we operate in. These system also pay fees eliminated in print publications and meeting of town norwell warrant. This licence will below be granted upon the successful completion of odd future offering of shares of sophisticated Common Stock and any shares of preferred stock. The town of our print side of our entity identified. Xbrl taxonomy extension of. We did incur increased costs competing for advertising expenditures and paid circulation. Peppermint Brook and Lily Pond. If our towns of norwell will result, special meeting called the community newspaper holdings, tend to meet next twelve months of two damaged, then issued awards. The following fold the methodologies and significant assumptions used in determining the path value of intangible assets, the Zoning Board of Appeals, capital expenditures or debt servicing requirements.
    [Show full text]
  • Report Finds Significant Flaws in Michigan's Public Defender System
    Clippings – NLADA report release, June 2008 Lansing State Journal 6/17/08 Report: Public defense in Michigan 'crumbling' Lansing State Journal 6/17/08 Report: Public defense in state failing Grand Rapids Press 6/17/08 Public defender system denies justice to poor, report says AP (Free Press) 6/17/08 Poor Mich criminal defendants lack court access, study says AP (Chicago Tribune) 6/17/08 Report: Michigan fails to defend poor suspects AP (WWJ Newsradio 6/17/08 Report: Michigan fails to defend poor suspects 950) AP (WXYZ.com) 6/17/08 Michigan doesn't defend poor suspects AP (Ann Arbor News) 6/17/08 Michigan fails to defend poor suspects AP (Macomb Daily) 6/18/08 Michigan fails to defend poor AP (Flint Journal) Jack Lessenberry essays 6/17/08 Essay: Disgrace to Democracy Detroit News 6/18/08 Report: Public defender offices underfunded Bay City Times 6/18/08 State report: Bay County public defenders have excess workloads Holland Sentinel 6/18/08 Study shows Michigan violating Constitution when providing lawyers Grand Haven Tribune 6/18/08 Report: Ottawa County fails to defend poor suspects Jackson Citizen Patriot 6/18/08 Public defender system criticized Media Mouse 6/18/08 Report finds significant flaws in Michigan's public defender system Kalamazoo Gazette 6/18/08 Study says state failing to defend poor suspects Detroit News 6/19/08 (Editorial) Poor deserve better treatment in criminal court Argus Press 6/19/08 Study: Mich fails to defend poor suspects Kalamazoo Gazette 6/20/08 (Editorial) Constitution demands access to legal counsel Toledo Blade 6/20/08 (op-ed) Equal justice under law? Not necessarily so in Michigan Traverse City Record- 6/22/08 (op-ed) Equal justice under law? Not necessarily so in Michigan Eagle Detroit Free Press 6/23/08 (editorial) Indefensibly shortchanged justice Michigan Radio 6/16/08 Report on public defender system out this week NewsTalk 760 WJR 6/17/08 David Carroll talks with Paul W.
    [Show full text]
  • Minority Percentages at Participating Newspapers
    2012 Minority Percentages at Participating Newspapers American Asian Indian American Black Hispanic Multi-racial Total American Asian The News-Times, El Dorado 0.0 0.0 11.8 0.0 0.0 11.8 Indian American Black Hispanic Multi-racial Total Times Record, Fort Smith 0.0 0.0 0.0 0.0 3.3 3.3 ALABAMA Harrison Daily Times 0.0 0.0 0.0 0.0 0.0 0.0 The Alexander City Outlook 0.0 0.0 0.0 0.0 0.0 0.0 The Daily World, Helena 0.0 0.0 0.0 0.0 0.0 0.0 The Andalusia Star-News 0.0 0.0 0.0 0.0 0.0 0.0 The Sentinel-Record, Hot Springs National Park 0.0 0.0 0.0 0.0 0.0 0.0 The News-Courier, Athens 0.0 0.0 0.0 0.0 0.0 0.0 The Jonesboro Sun 0.0 0.0 0.0 0.0 0.0 0.0 The Birmingham News 0.0 0.0 20.2 0.0 0.0 20.2 Banner-News, Magnolia 0.0 0.0 15.4 0.0 0.0 15.4 The Cullman Times 0.0 0.0 0.0 0.0 0.0 0.0 Malvern Daily Record 0.0 0.0 0.0 0.0 0.0 0.0 The Decatur Daily 0.0 0.0 13.9 11.1 0.0 25.0 Paragould Daily Press 0.0 0.0 0.0 0.0 0.0 0.0 Enterprise Ledger 0.0 0.0 0.0 0.0 0.0 0.0 Pine Bluff Commercial 0.0 0.0 25.0 0.0 0.0 25.0 TimesDaily, Florence 0.0 0.0 4.8 0.0 0.0 4.8 The Daily Citizen, Searcy 0.0 0.0 0.0 0.0 0.0 0.0 Fort Payne Times-Journal 0.0 0.0 0.0 0.0 0.0 0.0 Stuttgart Daily Leader 0.0 0.0 0.0 0.0 0.0 0.0 Valley Times-News, Lanett 0.0 0.0 0.0 0.0 0.0 0.0 Evening Times, West Memphis 0.0 0.0 0.0 0.0 0.0 0.0 Press-Register, Mobile 0.0 0.0 8.7 0.0 1.4 10.1 CALIFORNIA Montgomery Advertiser 0.0 0.0 17.5 0.0 0.0 17.5 The Bakersfield Californian 0.0 2.4 2.4 16.7 0.0 21.4 The Selma Times-Journal 0.0 0.0 50.0 0.0 0.0 50.0 Desert Dispatch, Barstow 0.0 0.0 0.0 0.0 0.0 0.0
    [Show full text]
  • Table 10: Newspapers Not Responding to the ASNE Survey, Ranked By
    Table 10 Papers not responding to the ASNE survey, 2005 Ranked by circulation Source: Report to the Knight Foundation, June 2005, by Bill Dedman and Stephen K. Doig The full report is at http://www.asu.edu/cronkite/asne (DNR = did not report to ASNE last year, too.) Rank Newspaper, State Weekday Ownership Circulation Staff non-white circulation area non- % for previous white % survey, if paper responded 1 New York Post, New York 686,207 40.3 DNR 2 Chicago Sun-Times, Illinois 410,000 Hollinger International (Ill.) 50.3 DNR 3 The Columbus Dispatch, Ohio 251,045 17.8 DNR 4 Boston Herald, Massachusetts 240,759 Herald Media (Mass.) 24.1 DNR 5 Arkansas Democrat-Gazette, Little Rock, 182,391 Wehco Media (Ark.) 21.7 DNR Arkansas 6 The Providence Journal, Rhode Island 168,021 Belo (Texas) 17.3 DNR 7 The Florida Times-Union, Jacksonville, 165,425 Morris Communications (Ga.) 29.6 10.4 Florida 8 Las Vegas Review-Journal, Nevada 159,507 Stephens Media Group (Donrey) 39.3 DNR (Nev.) 9 Scripps Treasure Coast Newspapers, 101,705 Scripps (Ohio) 20.7 8.1 Stuart, Florida 10 The Washington Times, District of 100,603 64.3 DNR Columbia 11 Press-Telegram, Long Beach, California 96,967 MediaNews Group (Colo.) 76.8 16.4 Page 1 Rank Newspaper, State Weekday Ownership Circulation Staff non-white circulation area non- % for previous white % survey, if paper responded 12 The Post and Courier, Charleston, South 95,588 Evening Post Publishing (S.C.) 35.9 DNR Carolina 13 Mobile Register, Alabama 94,045 Advance (Newhouse) (N.Y.) 32.8 DNR 14 New Haven Register, Connecticut 92,098 Journal Register (N.J.) 22.7 DNR 15 Daily Press, Newport News, Virginia 91,307 Tribune Co.
    [Show full text]
  • MAILROOM MATTERS RELEVANT MAILROOM NEWS America East Newspaper Conference Issue Mailroom Matters
    MAILROOM MATTERS RELEVANT MAILROOM NEWS America East Newspaper Conference Issue Mailroom Matters AMERICA EAST CONFERENCE TN’S LEN ALABOVITZ WITH MAILROOM MANAGER RICHARD DANYO ISSUEdd IN THIS ISSUE: GIS upgrades post • Tribune Direct taps GIS to install Magnapak • Halifax Media Group taps GIS to expand press for Times News • Paxton Media chooses GIS for expansion • GIS sells Tribune Direct’s Muller SLS3000 Lehighton, Pennsylvania - The conveyor camming. The GIS X- Times News recently upgraded STREAM GRIPPER also extends • Tribune Co. contracts GIS to sell equipment their GMA SLS1000 inserting conveyor chain life and improves system by replacing all of count accuracy. their worn grippers with all GIS Variable Web Width new GIS X-STREAM GRIPPERS Stream Conditioner at the newspaper’s production TN Printing’s commercial printing facility TN Printing, where they division continues to grow and when also print and insert the Press Plant Manager Len Alabovitz told GIS NEW GIS X-STREAM GRIPPERS Publishing Group of weekly president Randy Seidel about their No more dropped product, a 10-year warranty and an ROI under five months! A real “keeper”! newspapers. “We were experiencing consistent variable web width down- consistent problems with our old OEM stream problems, the inventor supplied grippers that caused us to quickly developed the new GIS Variable Web Width silence many of our grippers during Stream Conditioner. “We believe most of our production runs”, stated the key to good engineering is TN Printing plant manager Len simplicity and this new conveyor NEW GIS X-STREAM GRIPPER CHAIN Alabovitz. “The GIS X-STREAM enhancement is a simple and GRIPPERS cost less than rebuilding cost-effective way to eliminate The same GIS 10-year warranty with FULL AXEL our old grippers and based on the variable web width issues”, TECHNOLOGY.
    [Show full text]
  • United States Court of Appeals Fourth Circuit
    Appeal: 12-2209 Doc: 44-1 Filed: 12/20/2012 Pg: 1 of 42 RECORD NUMBER: 12-2209(L), 12-2210 United States Court of Appeals for the Fourth Circuit COMPANY DOE, Plaintiff-Appellee, – v. – PUBLIC CITIZEN; CONSUMER FEDERATION OF AMERICA; and CONSUMERS UNION, Parties-in-Interest-Appellants, and INEZ TENENBAUM, in her official capacity as Chairwoman of the Consumer Product Safety Commission, and CONSUMER PRODUCT SAFETY COMMISSION, Defendants. ON APPEAL FROM THE UNITED STATES DISTRICT COURT FOR THE DISTRICT OF MARYLAND AT GREENBELT BRIEF OF AMICI CURIAE MEDIA ORGANIZATIONS IN SUPPORT OF PARTIES-IN-INTEREST-APPELLANTS SEEKING REVERSAL LESLIE MOYLAN ROBERT D. BALIN DAVIS WRIGHT TREMAINE LLP EDWARD J. DAVIS 1919 Pennsylvania Avenue, NW ERIC FEDER Suite 800 DAVIS WRIGHT TREMAINE LLP Washington, DC 20006 1633 Broadway, 27th Floor (202) 973-4200 New York, New York 10019 Counsel for Media Organizations (212) 973-8230 Of Counsel COUNSEL PRESS VA – (800) 275-0668 Appeal: 12-2209 Doc: 44-1 Filed: 12/20/2012 Pg: 2 of 42 CORPORATE DISCLOSURE STATEMENT Under Rules 26.1 and 29(c)(1) of the Federal Rules of Appellate Procedure, and Circuit Rule 26.1, undersigned counsel for amici curiae (collectively, “Media Amici”) certify that, to the best of our knowledge and belief: Advance Publications, Inc. has no parent corporation, and no publicly held corporation owns 10% or more of its stock. Bloomberg L.P. is not a publicly traded company and has no parent corporation, and no publicly held corporation owns 10% or more of its stock. News Corporation, a publicly held company, is the indirect parent corporation of Dow Jones & Company, Inc.
    [Show full text]
  • Villages Daily Sun Inks Press, Postpress Deals for New Production
    www.newsandtech.com www.newsandtech.com September/October 2019 The premier resource for insight, analysis and technology integration in newspaper and hybrid operations and production. Villages Daily Sun inks press, postpress deals for new production facility u BY TARA MCMEEKIN CONTRIBUTING WRITER The Villages (Florida) Daily Sun is on the list of publishers which is nearer to Orlando. But with development trending as winning the good fight when it comes to community news- it is, Sprung said The Daily Sun will soon be at the center of the papering. The paper’s circulation is just over 60,000, and KBA Photo: expanded community. — thanks to rapid growth in the community — that number is steadily climbing. Some 120,000 people already call The Partnerships key Villages home, and approximately 300 new houses are being Choosing vendors to supply various parts of the workflow at built there every month. the new facility has been about forming partnerships, accord- To keep pace with the growth, The Daily Sun purchased a Pictured following the contract ing to Sprung. Cost is obviously a consideration, but success brand-new 100,000-square-foot production facility and new signing for a new KBA press in ultimately depends on relationships, he said — both with the Florida: Jim Sprung, associate printing equipment. The publisher is confident the investment publisher for The Villages Media community The Daily Sun serves and the technology providers will help further entrench The Daily Sun as the definitive news- Group; Winfried Schenker, senior who help to produce the printed product. paper publisher and printer in the region.
    [Show full text]