Significantly Expands Relationship as Bauer USA’s Exclusive Distribution Provider

LSC Communications has signed multi-year, multi-million-dollar agreements with Bauer Media Group USA to provide distribution and cooperative mailing services for Bauer's magazines sold through retail and subscription channels. LSC's logistics planning system and state-of-the-art cooperative mailing platform will help Bauer achieve optimal delivery costs and qualify for the best possible postal rates for the publisher’s magazine circulation.

According to Dave Cardona, President of Magazine Sales for LSC Communications, “Two key differentiators for LSC include our industry-leading cooperative mailing services and our efficient solutions to reach retailers through the newsstand distribution channel. We are thrilled that Bauer is leveraging our platform to reach their audience more effectively.”

This announcement follows LSC’s recently awarded multi-year contract to 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.

Steven Kotok, CEO for Bauer Media Group USA, commented, “Frequencies and ad pages for our print titles have increased in 2018. For this reason, LSC’s dynamic printing and distribution solutions are well positioned to support Bauer through this exciting growth period.”

The Bauer Media Group is Europe's largest privately owned publishing Group, and Bauer Media Group USA is the top seller at retail in the US, with Woman's World and First for Women as the #1 and #2 selling magazines, respectively.

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.

LSC Communications, Inc.Investor Relations Contact:Janet Halpin, SVP Treasurer and Investor Relationsinvestor.relations@lsccom.com773-272-9275

LSC Communications (NYSE:LKSD)
Historical Stock Chart
From Mar 2024 to Apr 2024 Click Here for more LSC Communications Charts.
LSC Communications (NYSE:LKSD)
Historical Stock Chart
From Apr 2023 to Apr 2024 Click Here for more LSC Communications Charts.