Business News
Quebecor World Announces New Multi-Year Agreement and Increased Volume with Wenner Media
Thursday 10. April 2008 - Quebecor World Inc. (TSX: IQW) today announced it has reached a new multi-year agreement with Wenner Media to print its three magazine titles-Rolling Stone, US Weekly and Mens Journal.
Under the new agreement Quebecor World will increase its volume with Wenner Media by approximately 10% as the exclusive printer for Rolling Stone and Mens Journal and will print more than one million copies of US Weekly each week. Wenners annual print volume with Quebecor World could exceed 100 million copies.
“We are pleased under the new agreement to continue printing 100% of Rolling Stones requirements and a major portion of US Weeklys production,” said Doron Grosman, President of Quebecor Worlds Magazine Division. “But we are particularly pleased to add Mens Journal as new work and be granted the privilege by Wenner to print the major portion of their impressive magazine portfolio.”
Quebecor World is also pleased to provide additional value-added logistics services including access to its industry-leading co-mail platform that will allow Wenner Media to improve delivery to its readers and reduce postal costs.
Rolling Stone is the leading voice of music and popular culture and is read by up to 14 million readers every two weeks. US Weekly was re-launched as a weekly in 2000 and the celebrity and entertainment title quickly became an industry leader in circulation and ad page growth. Mens Journal is a leading monthly mens lifestyle magazine that consistently ranks at the top of its category for readership and advertising.
“Quebecor World has been a valued supplier to Wenner Media as a long-time printer of Rolling Stone and US Weekly,” said John Gruber, Wenners Chief Financial Officer. “We look forward to this extended and expanded relationship that will now include Mens Journal.”
Quebecor Worlds magazine division is one of the leading magazine print and related service providers in the United States. The company provides complete premedia, print, distribution and mailing services for publishers in the consumer, B2B, association, city and regional magazine markets.