The Target Report Releases September Deals, Court Filings, Closures (Includes Chart)
October 7, 2013—What is it about paper that adds perceived value to our intellectual and artistic pursuits? The appeal of paper as a medium for communication endures and often adds to the meaning of the words and images we print on that paper. This was evident during my recent visit to MoMA’s PS1 annex in Long Island City, NY. Thousands of attendees mobbed The New York Art Book Fair, an exhibition of more than 280 international presses, booksellers, antiquarians, artists and independent publishers from around the world. The “Book” was on center stage at this four day event, not for its content, rather as art itself.
Beginning around the mid-1970s, the concept of the Artist’s Book has developed in a reciprocal curve to the impact on printing by computer technologies including phototypography, Scitex image manipulation, and Mac page layout programs; and to the still evolving erosion of print by the forces unleashed by the internet. Many of the Artist’s Books on display were editions of one, some of which were “printed” on non-paper substrates such as fabric and copper sheeting, and others that were three-dimensional sculptures created by “carving” the pages of an otherwise normally produced book. In addition to these one-of-kind works, there were many examples of beautifully crafted limited editions—books printed using letterpress, as well as highly decorated and complex custom editions printed using the latest iGen and Indigo presses. The technology has changed, however the unique ability of paper to convey words, images and ideas was still wonderfully evident.
In another nod to the value of paper, Investcorp, a global asset manager with over 10 billion dollars under its care, acquired Paper Source, a national retailer of “fine and artisanal papers, invitations and announcements, personalized and distinctive gifts, gift wrap, greeting cards, custom stamps, and a custom collection of envelopes and cards.” Investcorp’s investment speaks to the value they see long term in the ability of paper to convey something special about what’s written, printed, wrapped, and packaged on or in it.
Mark Hahn is a managing director and founder of Graphic Arts Advisors, a boutique strategic financial advisory and consulting firm focused exclusively on the printing, packaging, mailing, marketing services, brand management, and related graphic communications industries. With more than 35 years of graphic communications experience in the areas of finance, operations, sales, M&A, and general management, Hahn has served as chief financial officer, chief operating officer and other senior positions with several commercial printing companies, as well as founding and eventually selling his own printing company.
The firm assists company owners and management, as well as their lenders, investors and shareholders in the following areas: mergers and acquisitions, sale of business, strategic and financial advisory, capital structure and funding, financial analysis, interim and turnaround C-level management, business valuations and serving as consulting experts. Hahn is the author of The Target Report and is regularly published and quoted in printing industry trade and management journals.
Mark Hahn can be reached at (973) 588-7399 or email@example.com