Worldcolor Signs Multiyear Agreement to Print Hearst Titles
MONTRÉAL—3/25/2010—Worldcolor (TSX: WC, WC.U) today announced it has signed a multiyear agreement to print Cosmopolitan, Country Living, Redbook and Seventeen magazines for Hearst Magazines. Hearst is one of the world’s largest publishers of monthly magazines, and the four titles combined involve the printing of more than 100 million copies each year.
Worldcolor has been a long-time printer of Cosmopolitan and Country Living, and under this new agreement will begin printing Redbook and Seventeen for the first time.
“We are proud of our long association with Hearst and very pleased to be able to extend our relationship and print these distinguished titles,” said Mark Angelson, Chairman and CEO of Worldcolor. “Hearst is at the forefront of a magazine evolution that demands continuous innovation and change, and this agreement aligns us with an industry leader that will help us continue our tradition of magazine print leadership.”
“Worldcolor shares our commitment to innovation and our desire for creative solutions,” said Laura C. Reid, vice president, manufacturing and production for Hearst Magazines. “The company’s production schedule compression is especially valuable to us, as it makes it possible for us to deliver more timely content to our readers and offer greater scheduling flexibility for our advertisers.”
About Hearst Magazines
Hearst Magazines is a unit of Hearst Corp. (www.hearst.com), one of the nation's largest diversified communications companies with interests in magazines, newspapers, digital media, business media and television. As one of the world’s largest publishers of monthly magazines, Hearst Magazines publishes nearly 200 editions around the world, including 15 U.S. titles and 20 magazines in the United Kingdom, published through its wholly owned subsidiary, The National Magazine Company Limited. Hearst reaches more adults than any other publisher of monthly magazines (73.8 million total adults, according to MRI, Fall 2009).
Worldcolor is an industry leader in providing high-value and comprehensive print, digital and related services to retailers, catalogers, publishers, branded-goods companies and other businesses worldwide. Founded in 1903, Worldcolor’s products include advertising inserts and circulars, catalogs, direct mail products, magazines, books, directories, digital premedia, logistics and mail list technologies. During its century-long existence, Worldcolor has had a rich tradition of leadership and excellence. Its team of approximately 18,000 employees is focused on helping clients meet their needs from facilities located in the U.S., Canada, Argentina, Brazil, Chile, Colombia, Mexico and Peru. More information about Worldcolor can be found on its Web site at www.worldcolor.com