RR Donnelley Awarded $80 Million Multi-Year Book and Magazine Production Contract by F+W Publications, Inc.
July 08 2008 - 6:30AM
Business Wire
R.R. Donnelley & Sons Company (NYSE:RRD) announced today that
it has been awarded a multi-year contract in excess of $80 million
to produce a major portion of F+W Publications, Inc. book and
magazine work. F+W Publications, Inc. is an established special
interest publisher and multi-channel content provider. The
agreement greatly expands RR Donnelley's previous relationship with
F+W. F+W�s well-known imprints include Writer�s Digest, North Light
Books, Adams Media, and Krause Publications. Industry-leading
magazines include Deer & Deer Hunting, Horticulture, Popular
Woodworking, The Artist�s Magazine, HOW, Print, and I.D. F+W
annually publishes approximately 750 books and more than 50
magazine titles. David Nussbaum, Chairman and CEO for F+W, stated:
�Consolidating the number of print vendors F+W employs has been a
key strategic goal for the Company. We spent many months in
discussions with our other partners in the industry. RR Donnelley�s
long and well-deserved reputation for quality and reliability and
their ability to craft a program that delivers exceptional value to
F+W ultimately made our decision an easy one. We look forward to
working and collaborating with the RR Donnelley team.� Thomas J.
Quinlan III, RR Donnelley�s President and CEO, said, �We are very
pleased to have the opportunity to expand our relationship with
such a respected publisher as F+W. Our end-to-end platform offers
the potential to leverage our resources for premedia services,
magazine and book production, logistics services, merchandising
materials and transactional business documents. We look forward to
exercising our domestic and international platform to support F+W
as it continues to deliver exceptional content to its broad
audience of readers.� About F+W Publications, Inc. F+W Publications
is an established special interest publisher and marketer of
magazines, books, book clubs, conferences, and interactive media
properties. Its mission is to deliver to passionate consumers the
content, community, and data they desire, regardless of platform.
The Company publishes more than 50 magazine titles, and has more
than 4,000 books in print with 750 new titles each year. F+W is
owned by private equity firm, ABRY Partners, LLC.
fwpublications.com About RR Donnelley RR Donnelley (NYSE:RRD) is
the world's premier full-service provider of print and related
services, including business process outsourcing. Founded more than
140 years ago, the company provides solutions in commercial
printing, direct mail, financial printing, print fulfillment, forms
and labels, logistics, call centers, transactional print-and-mail,
print management, online services, digital photography, color
services, and content and database management to customers in the
publishing, healthcare, advertising, retail, technology, financial
services and many other industries. The largest companies in the
world and others rely on RR Donnelley's scale, scope and insight
through a comprehensive range of online tools, variable printing
services and market-specific solutions. For more information, and
for RR Donnelley's Corporate Social Responsibility Report, visit
the company's web site at http://www.rrdonnelley.com. 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.
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