LSC Communications Awarded Multi-Year Print Agreement with Bauer Media Group USA
December 04 2017 - 6:30AM
Business Wire
Renews and Expands Relationship to Include 17 Magazine
Titles
LSC Communications (NYSE: LKSD) has signed a multi-year
agreement with Bauer Media Group USA, the number one seller of
magazines at retail in the country. Beginning in January 2018, LSC
will print 17 of Bauer’s popular print titles
including Woman’s World, First for Women, In Touch Weekly,
Life & Style Weekly, Closer
Weekly and J-14, among others.
According to Thomas J. Quinlan III, Chairman and CEO of LSC
Communications, “With Bauer as one of the most successful magazine
publishers in the world, LSC is honored to have been selected for
our optimal print production and mailing solutions. We look forward
to continuing to support Bauer’s vision for many years.”
Steven Kotok, CEO and President of Bauer Media Group USA,
commented, "LSC offers the high-quality, customer-focused printing
services and superior production capabilities that
a reader-driven publisher like Bauer requires. With
well-located plants and industry-leading mailing solutions, they
are perfectly aligned to service Bauer as we continue to invest in
and grow our print business.”
Nearly one of every three magazines sold at the newsstand is a
Bauer Media Group USA publication, with Woman's
World and First for Women being the #1 and #2
selling magazines, respectively.*
*Source: SnapShot Report, Dec. 2016
About LSC Communications
With a rich history of industry experience, innovative solutions
and service reliability, LSC Communications (NYSE: LKSD) is a
global leader in print and digital media solutions. The company’s
traditional and digital print-related services and office products
serve the needs of publishers, merchandisers and retailers around
the world. With advanced technology and a consultative approach,
LSC’s supply chain solutions meet the needs of each business by
getting their content into the right hands as efficiently as
possible.
Use of Forward-Looking Statements
This news release may contain "forward-looking statements"
within the meaning of Section 21E of the Securities Exchange Act of
1934, as amended, and 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, including risks
associated with the ability of LSC Communications to perform as
expected as a separate, independent entity and risks associated
with the volatility and disruption of the capital and credit
markets, and adverse changes in the global economy. Readers are
strongly encouraged to read the full cautionary statements
contained in LSC’s filings with the SEC. LSC disclaims any
obligation to update or revise any forward-looking statements.
About Bauer Media Group USA
Bauer Media Group USA is the No. 1 seller of magazines on the
newsstand, connecting with a nationwide audience of active, engaged
newsstand and digital consumers at every life stage – from girls,
tweens and teens (J-14, Girls World, Quizfest, Animal Tales, Teen
Boss) to young women (In Touch Weekly, Life & Style Weekly) to
baby boomers and beyond (Woman’s World, First for Women, Closer
Weekly, Simple Grace, Soaps In Depth).
About the Bauer Media Group:
Bauer Media Group is one of the world’s most successful media
corporations. Over 600 magazines, more than 400 digital products
and over 100 radio and TV stations are enjoyed by millions of
people across the globe. The corporate portfolio also includes
print shops, postal, sales and marketing services. Bauer Media
Group’s global positioning underscores its passion for people and
brands. We see ourselves as the home of popular media, as
illustrated by our strapline “We think popular.” – a claim which
inspires and motivates our global workforce of some 11,500
employees in 20 countries.
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version on businesswire.com: http://www.businesswire.com/news/home/20171204005274/en/
Investor Relations Contact:LSC Communications, Inc.Janet Halpin,
773-272-9275Senior Vice President, Treasurer and Investor
Relationsinvestor.relations@lsccom.com
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