Donnelley Extends Pact with Meredith for $300 Million
CHICAGO—RR Donnelley has been awarded a multi-year print management agreement by Meredith, a media and marketing firm catering to American women, worth approximately $300 million. Under the terms of the deal, which renews, extends and expands the companies’ existing relationship, Donnelley will provide a broad array of products and services, including magazine and book production, logistics services (including co-mailing), and a print management program.
“We continue to enjoy a valuable long-term relationship with RR Donnelley,” said Meredith Chairman and CEO Steve Lacy. “In renewing and expanding our mutual relationship, Meredith will take advantage of an even broader range of RR Donnelley’s capabilities, eventually including their leverageable procurement scale through print management.”
John Paloian, RR Donnelley COO, added, “RR Donnelley’s continuing transformation into a global provider of integrated communications and content management services is reflected by the expanded scope of this agreement, which will see Meredith benefit from our magazine, book, logistics, commercial print and transactional documents platform. Our Web-based print management system is built to help drive unmatched supply chain efficiencies.”