RR Donnelley Awarded $550 Million Multi-Year Agreement by American Media Inc.
October 17 2011 - 5:30AM
R. R. Donnelley & Sons Company (Nasdaq:RRD)
today announced that it has been awarded a $550 million multi-year
agreement by American Media Inc. (AMI). Under the terms of the
agreement RR Donnelley will provide a broad array of products and
services in North America and the U.K., including premedia,
magazine production, variable digital printing, TransPromo
communications as well as new digital and electronic communications
services through its CustomPoint® Solutions Group. During the
multi-year agreement, which extends and expands the companies'
relationship, RR Donnelley will produce all new AMI launches and
will also begin to print and bind the popular weekly titles OK! and
Star Magazine.
AMI owns and operates leading celebrity and health and fitness
media brands. Its magazines, which include titles such as Star,
OK!, National Enquirer, Shape, Men's Fitness, Muscle & Fitness,
Natural Health, and Country Weekly reach more than 54 million men
and women each month.
"RR Donnelley is at the forefront of production technology for
both print and the increasingly critical digital distribution,
which makes it the ideal partner for AMI to help grow our already
popular brands," said David Pecker, Chairman, President and CEO of
AMI. "The company's unique ability to manage and deliver content in
a variety of ways will continue to provide superior value to
AMI."
John Paloian, RR Donnelley's Chief Operating Officer stated,
"For almost a quarter of a century we've been working to deliver
value to AMI. We are very proud to continue this expanding
relationship. The platform that we have built offers exceptional
flexibility, with offset, gravure and variable digital printing and
a host of related services. More than that, it offers the resources
to help take our customers to the future of content creation,
management and delivery, with capabilities for faster electronic
composition, custom publications, e-delivery, multi-channel
marketing and revenue enhancement."
About RR Donnelley
RR Donnelley (Nasdaq:RRD) is a global provider of integrated
communications. Founded more than 147 years ago, the company works
collaboratively with more than 60,000 customers worldwide to
develop custom communications solutions that reduce costs, enhance
ROI and ensure compliance. Drawing on a range of proprietary and
commercially available digital and conventional technologies
deployed across four continents, the company employs a suite of
leading Internet based capabilities and other resources to provide
premedia, printing, logistics and business process outsourcing
products and services to leading clients in virtually every private
and public sector.
For more information and for RR Donnelley's Corporate Social
Responsibility Report, visit the company's web site at
http://www.rrdonnelley.com
About American Media, Inc.
American Media, Inc. owns and operates the leading print and
digital celebrity and health and fitness media brands in the United
States. AMI's titles include Star, OK!, National Enquirer, Globe,
Soap Opera Digest, Soap Opera Weekly, Pixie, Shape, Men's Fitness,
Muscle & Fitness, Flex, Muscle & Fitness Hers, Fit
Pregnancy and Natural Health. AMI also manages 18 different digital
sites including RadarOnline.com, OKmagazine.com, Shape.com,
MensFitness.com, MuscleandFitness.com and FitPregnancy.com. AMI's
magazines have a combined total circulation of almost 7 million and
reach more than 55 million men and women each month. AMI's digital
properties reach an average of 10 million unique visitors and 80
million page views monthly.
AMI also operates a Publishing Services business unit which
includes Distribution Services, Inc. (DSI), the No. 1 in-store
magazine sales and merchandising marketing company in the U.S. and
Canada. DSI places and monitors AMI's publications and third-party
publications to ensure proper displays in major retail chains and
national and regional supermarket chains. DSI also provides
marketing, merchandising and information gathering services to
third parties including non-magazine clients. Publishing Services
also provides print and digital advertising sales and strategic
management direction in the following areas: manufacturing,
subscription circulation, logistics, event marketing and full back
office financial functions. Playboy is one of many publishers
who have taken advantage of these additional services.
Use of Forward-Looking Statements
This news release may contain "forward-looking statements" as
defined in the U.S. Private Securities Litigation Reform Act of
1995. Readers are cautioned not to place undue reliance on these
forward-looking statements and any such forward-looking statements
are qualified in their entirety by reference to the following
cautionary statements. All forward-looking statements speak only as
of the date of this news release and are based on current
expectations and involve a number of assumptions, risks and
uncertainties that could cause the actual results to differ
materially from such forward-looking statements. Readers are
strongly encouraged to read the full cautionary statements
contained in RR Donnelley's filings with the SEC. RR Donnelley
disclaims any obligation to update or revise any forward-looking
statements.
CONTACT: Media Contact:
Doug Fitzgerald
Executive Vice President Communications:
Tel: 630-322-6830
E-mail: doug.fitzgerald@rrd.com
Investor Contact:
Dave Gardella
Senior Vice President Finance:
312-326-8155
E-mail: david.a.gardella@rrd.com
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