RR Donnelley Awarded Multi-Million Dollar Contract by SourceMedia
CHICAGO—July 07, 2010—R. R. Donnelley & Sons Co. (NASDAQ:RRD) announced today that it has been awarded an exclusive multi-year multi-million dollar agreement by SourceMedia to produce all of its magazines as well as provide digital and commercial printing services for books, collateral materials and show daily publications. RR Donnelley’s Logistics services will also help SourceMedia to optimize postal savings by providing co-mail and co-palletization services.
SourceMedia is a leading provider of information, data and software for professionals in the banking, financial services and related technology markets, with a network of 2.5 million subscribers, attendees, exhibitors and advertisers.
“One of the important qualities that distinguishes SourceMedia is that it is a single, integrated provider of must-have information,” said Celie Baussan, SourceMedia’s Senior Vice President Operations. “We recognized that same quality of providing fully-integrated sole-source resources in RR Donnelley. Their diverse production and logistics resources are an ideal match to our need for fast-paced content delivery.”
“SourceMedia’s portfolio of brands includes some of the oldest and most respected titles in business publishing and we are very proud to serve their production and logistics needs,” stated John Paloian, RR Donnelley’s Chief Operating Officer. “The work that we have done to enable the different elements of our production and logistics platforms to work seamlessly together provides immediate value for publishers and other clients. We look forward to using our scale, expertise and craftsmanship to serve SourceMedia.”
About RR Donnelley
RR Donnelley (NASDAQ:RRD) is a global provider of integrated communications. Founded more than 145 years ago, the company works collaboratively with more than 60,000 customers worldwide to develop custom communications solutions that reduce costs, enhance ROI and ensure compliance. Drawing on a range of proprietary and commercially available digital and conventional technologies deployed across four continents, the company employs a suite of leading Internet based capabilities and other resources to provide premedia, printing, logistics and business process outsourcing products and services to leading clients in virtually every private and public sector.