RR Donnelley (RRD) Awarded $175M Multi-Year Agreement by F+W Media
CHICAGO—April 24, 2014—R. R. Donnelley & Sons Companyannounced today that it has been awarded a $175 million multi-year agreement by F+W Media that renews and significantly expands the companies' relationship through 2021. Under the terms of the agreement, RR Donnelley will produce books, magazines, direct mail, commercial print and catalogs for F+W Media and provide logistics services.
"Through organic growth and strategic acquisitions, F+W Media has expanded its reach in serving tens of millions of consumers annually," stated David Nussbaum, F+W Media's chairman and CEO. "RR Donnelley's unmatched global print platform and leading digital solutions make them an ideal partner as we continue our aggressive growth plans."
F+W Media offers a diversified portfolio of books, ebooks, magazines, events, competitions, ecommerce, online education, videos, and television programs to its vertical communities. The company is organized around its enthusiast categories such as crafts, writing, fine arts, design and outdoors. The company currently has more than 60 magazine titles and publishes approximately 600 new book titles annually, with a backlist of nearly 4,000 titles.
"All of us at RR Donnelley are very pleased to be extending and expanding our long-term relationship," said Dan Knotts, RR Donnelley's COO. "Our exceptionally broad production platform and related services are designed to help content providers connect with their audiences with a full spectrum of integrated communications."
About RR Donnelley
RR Donnelley (Nasdaq:RRD) helps organizations communicate more effectively by working to create, manage, produce, distribute and process content on behalf of our customers. The company assists customers in developing and executing multichannel communication strategies that engage audiences, reduce costs, drive revenues and increase compliance. RR Donnelley's innovative technologies enhance digital and print communications to deliver integrated messages across multiple media to highly targeted audiences at optimal times for clients in virtually every private and public sector. Strategically located operations provide local service and responsiveness while leveraging the economic, geographic and technological advantages of a global organization.
About F+W Media
F+W Media is a leading content and ecommerce company serving enthusiast vertical markets, with a diversified portfolio of print, digital media, and events businesses. The company is an industry-leader in eCommerce with more than 30 niche ecommerce stores.