LSC Communications Awarded Multi-Year Print Agreement with Bauer Media Group USA

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.

View source 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

LSC Communications (NYSE:LKSD)
Historical Stock Chart
From Apr 2024 to May 2024