Quebecor World Spins Off Its Premedia Operations

MONTREAL—Continuing to sharpen its focus as it grows, Quebecor World has spun off its premedia operations into a separate subsidiary, and is shedding its CD-ROM production facilities.

The company has created Que-Net Media, a wholly owned subsidiary that will bring together the full range of digital and premedia assets within Quebecor World "to bring greater focus to providing a more comprehensive range of solutions to the customer base," company officials say.