This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Cramer's Action Alerts PLUS - See his portfolio and get alerts BEFORE every trade. Learn more NOW!

Quad/Graphics Reaches $900 Million-Plus Agreement To Print More Than 85% Of Time Inc.'s Magazines

Quad/Graphics, Inc. (NYSE:QUAD), announced today that it has reached a new, $900 million-plus agreement with Time Inc. that significantly extends and expands its magazine print work for the venerable New York publisher. Under the multi-year agreement, Quad/Graphics will handle more than 85% of the print work for 19 titles that are among the most popular magazines in America, including Time, People, Sports Illustrated, Entertainment Weekly, InStyle, Money, Real Simple, Fortune, Essence and Golf. The work represents a 35% increase in incremental Time Inc. print volume for Quad/Graphics over the term of the agreement, beginning in January 2014.

Guy Gleysteen, Senior VP of Production at Time Inc., said the new agreement reflects his company’s confidence in Quad/Graphics to continue to deliver superior services for both weekly and monthly magazine production. “We strive for continuous improvement in our operations with the goal of delivering increasingly timely and relevant content through all of our magazine brands,” he said. “Aligning the majority of our magazines with Quad is going to provide a unique opportunity for the two companies to drive innovation and efficiency.”

“We are pleased to be growing our business relationship with Time Inc., and capitalizing on our leading nationwide magazine platform to print more titles and more volume in more places,” said Joel Quadracci, Chairman, President & CEO. “Under this new agreement, Time Inc. has entrusted us with the vast majority of its magazine work, and we will continue to deliver the timely service and quality product they have come to expect from us, a progressive print partner.”

New work coming to Quad/Graphics includes the monthly titles All You, Essence, People StyleWatch and Real Simple. Major additional volume will come from expanded regional printing of Time and People, giving Quad 100 percent of the print work for these weekly titles for the first time. Quad/Graphics already prints 100 percent of Entertainment Weekly. Quad/Graphics also will continue to be the exclusive printer for all of Coastal Living, Cooking Light, Fortune, Golf, Health, InStyle, Money, People en Español, Southern Living, Sunset, and Time for Kids, as well as a significant portion of the press run for Sports Illustrated.

About Time Inc.

Time Inc., a division of Time Warner, is one of the largest branded media companies in the world. The company's magazines reach more than 130 million Americans each month, and its websites attract nearly 50 million unique visitors each month. With influential brands such as TIME, PEOPLE, SPORTS ILLUSTRATED, InStyle, CNNMoney.com and REAL SIMPLE, Time Inc. is home to celebrated events and franchises including the FORTUNE 500, TIME 100, PEOPLE's Most Beautiful and SPORTS ILLUSTRATED's Sportsman of the Year.

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Try it NOW
Only $9.95
Try it NOW
14-Days Free
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SYM TRADE IT LAST %CHG

Markets

DOW 18,072.11 -63.61 -0.35%
S&P 500 2,093.79 -7.25 -0.35%
NASDAQ 4,975.3910 -7.4180 -0.15%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs