Its quarterly revenue of $605 million marked a decline of of 3.4%, while adjusted EBITDA was $79.9 million, an increase of 27.6%.
Valassis
NEW YORK—News Corp. announced it has settled with Livonia, MI-based Valassis Communications for $500 million in a lawsuit filed against the company’s News America Marketing (NAM) unit that was scheduled to go to trial in a Michigan federal court last Tuesday. The settlement also covers the $300 million Valassis was awarded in July in a Michigan circuit court that is currently on appeal and a pending state court case in California.
Consumers redeemed nearly 3.2 billion coupons in 2009, a 23% increase over the prior year. Consumer Packaged Goods coupon distribution increased by 11% from 2008, to a total of 311 billion coupons distributed in 2009
The companies intend to utilize The Print Council’s materials to demonstrate to their customers, marketers, students and others the effectiveness of print as well as its environmentally responsible nature.
These well-regarded companies intend to utilize The Print Council’s materials to demonstrate to their customers, marketers, students and others the effectiveness of print as well as its environmentally responsible nature.
The salary excesses in the financial/investment banking world that fueled widespread public outrage, however, won't be found among the earnings of principal officers at the largest publicly held printing companies.
It reported quarterly revenue of $544.1 million, a decrease of 3.5%, and net earnings of $13.8 million compared to a loss of $5.2 million for the prior year quarter.
LIVONIA, MI—Valassis, a media and marketing services company, announced that the company was awarded $300 million for compensatory damages in its lawsuit against News America Marketing (NAM), a subsidiary of News Corp. In the trial, held in Michigan's Wayne County Circuit Court, Valassis claimed unfair competition and tortious interference by NAM. The jury's verdict found NAM liable for both counts, according to Valassis.
Attendees at the 2009 Offset and Beyond Conference, which kicked-off yesterday and takes place through Wednesday, May 6, are taking advantage of the advice and experience of some of the world's top business and print leaders. In addition to Printing Industries of America's stable of experts, key presenters at this year's event being held at Caesars Palace include Howard Putnam, the former CEO of Southwest Airlines. Putnam spoke about leadership in turbulent times.
Printing Impressions' Upfront Commercial Printing News for February 2009