Two of America's largest magazine publishers, Time Inc. and Meredith, have reportedly joined forces to buy paper. The two companies issued joint requests for proposals to potential paper suppliers late last year, according to several sources.
Together, the two consume several hundred thousand tons of paper, annually.
Time is a major buyer of lightweight coated (LWC - 29lbs to 32lbs ) for offset printing. Meredith's is more geared to rotogravure papers and higher basis weights. This will introduce added pressure for pricing on an already depressed market.
Subscribe to:
Post Comments (Atom)
4 comments:
Are there any anti trust areas that might preclude this from happening? If not, clearly the smaller printers / print buyers should form a cooperative purchasing association and use the leverage of expanded volume to drive paper costs down.
I am surprised paper mill executives quoted on this package. Clearly, the dutchman will never have enough fingers to place in the dike.
If the major publishers sneeze - will the paper industry catch a cold?
Is this legal????????????
Post a Comment