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Patrick Henry

Patrick Henry, Executive Editor for WhatTheyThink.com is also the director of Liberty or Death Communications, a consultancy specializing in research, education, promotional, and editorial support services for the printing and publishing industries.

Patrick Henry is available for speaking engagements and consulting projects. To get more information contact us here.

Please offer your feedback to Patrick. He can be reached at patrick.henry@whattheythink.com.

Recent Commentary & Analysis from Patrick Henry

Displaying 276-300 of 629 articles

Canon and Guests Investigate “Success with Print” in NYC

Published June 10, 2011

Canon brought its “Success with Print” educational series to New York City on June 7. The session was one stop on a 15-city tour aimed at helping printers locate new growth and profitability in a market where these opportunities are becoming increasingly hard to find.

 

Sacks, Bensen, and Heidelberg Accept Educational Tributes at 2011 Gamma Gold Key Award Ceremony

Published June 4, 2011

On June 2 in New York City, Bob Sacks, a.k.a. “BoSacks,” became the 114th recipient of the Gamma Gold Key Award. Also honored for exceptional support of education were Annette Wolf Bensen and Heidelberg USA.

 

Despite Help from Friends, Historic Print Shop in NYC Faces Possibility of Permanent Closure

Published June 1, 2011

Supporters of New York City’s historic Bowne & Co. Stationers are rallying to save it, but against what appear to be very long odds. Its parent organization has closed the storefront at 211 Water Street, stunning fans of the printing office and its extensive collections of antique types, type specimen books, and equipment.

 

A Visit from a Chinese Publishing Delegation, and a Thought about “the Human Factor” Behind the Numbers

Published May 11, 2011

Yesterday, I had the opportunity to brief a group of visiting Chinese publishers and printers on the state of the industry as experienced by their counterparts in the U.S. Our discussion highlighted the similarities that link China’s and America’s publishing sectors amidst profound market shifts in both countries. It also illuminated a few notable differences that distinguish our industry’s attitude toward change from theirs.

 

“The Freedom Press” Makes Art of the Art of Printing

Published May 6, 2011

“Heavy metal” is the printing industry’s affectionate term for presses. It also denotes the material that accounts for 95% of what a conventional printing machine is made of. Now, a sculptor has unconventionally added bamboo, cork, oak, and rope to the equation—and the result serves equally well as an art object and as a functioning example of the thing it represents.

 

Judge’s Ruling Threatens Some Reforms at McCormick Place; “Disappointed” Reaction from Graphic Arts Show Company

Published April 28, 2011

It was to have been a new deal for exhibitors at Graph Expo, Print, and scores of other trade shows at Chicago’s McCormick Place: a set of legislative reforms aimed at making it easier and less expensive to produce events at the lakeside expo and convention center. But, a recent ruling by a federal judge has overturned some of those changes and may keep them from being retained.

 

Plant Tours: Excursions to Nowhere?

Published April 26, 2011

We came across this post about printing plant tours while researching something else. The writer is a consultant who sells branding, marketing, and design services, and he’s clearly somebody who’s spent a lot of time inside printing plants.

 

In Brooklyn, Duggal Visual Solutions Becomes Extramural Classroom for Students from NYCCT

Published April 21, 2011

Students in the department of Advertising Design and Graphic Arts (ADGA) at New York City College of Technology (NYCCT) saw high-end digital printing in action on a recent field trip to Duggal Visual Solutions in the Brooklyn Navy Yard.

 

Devil in the Details: Issues and Answers in M&As

Published April 21, 2011

A successful M&A transaction is the sum of many carefully fashioned parts. This month, New Direction Partners and Margolis Becker delve into the details with comments on how deals can be influenced by client concentration; plant ownership; non-compete agreements with salespeople; acquired management teams; post-acquisition price increases; and personally guaranteed debt.

 

Report Explores New Digital Dimensions of the News Media

Published April 13, 2011

Did you know that seven of the top 25 newspapers in the United States are now owned by hedge funds? Facts like this abound in The State of the News Media 2011, recently released by the Pew Research Center’s Project for Excellence in Journalism. It’s must reading for anyone trying to make sense of what digital technologies are doing to the market for mass communications.

 

Stories from the Farthest Shores of Sheetfed: Five Printers Share Their Experiences with KBA’s Mighty Rapida 205 (Part II)

Published April 8, 2011

Five printers representing nearly half the installed base of KBA Rapida 205s in the U.S. say that the performance of this 59.5" x 81" press is as impressive as sheet size. They speak assuredly of the big improvements that the industry’s biggest press has made, or is fully expected to make, to the foundations of their businesses.

 

Professionals Seek New Bearings at Publishing Business Conference & Expo (Part 2)

Published April 7, 2011

Today, thanks to digital production technologies, anyone can publish a book, and the same goes for magazines. How mainstream book and magazine publishers are confronting new business models in which nearly anything (and anyone) goes was a thread running through many of the presentations at this week’s Publishing Business Conference & Expo in New York City.

 

Stories from the Farthest Shores of Sheetfed: Five Printers Share Their Experiences with KBA’s Mighty Rapida 205 (Part I)

Published April 7, 2011

The smallest format it can print is a bigger piece of paper than most sheetfed plants have ever handled. It’s hard to avoid superlatives when describing KBA’s 59.5" x 81" Rapida 205, the world’s largest sheetfed offset press—especially when five printers representing nearly half of its installed base in the U.S. say that its performance is every bit as impressive as its sheet size.

 

Professionals Seek New Bearings at Publishing Business Conference & Expo (Part 1)

Published April 5, 2011

Delivering worthy content to receptive audiences remains a cornerstone concept in the publishing industry, but it’s almost the only certainty left. Keynote speakers at this week’s Publishing Business Conference & Expo in New York City tried to identify additional strategies for staying relevant, compelling, and profitable in a game where digital alternatives to the older models write new rules every day.

 

The Social Network: Enter Heidelberg

Published April 1, 2011

In typically methodical fashion, Heidelberg has embraced the social media. Through these channels, grouped for convenient access here, the graphic equipment manufacturer hopes to enrich its dialogue with the marketplace by getting a better handle on what Heidelberg customers are saying to each other about its products and services.

 

Heidelberg Plays Host To SkillsUSA Competition

Published March 28, 2011

Congratulations to the winners, and a tip of the hat to their host. Two weeks ago, Heidelberg turned its Kennesaw, GA, Technology Center into a venue for a statewide competition in SkillsUSA’s search for the nation’s rising young stars in graphic communications and advertising design.

 

Pouring Another “Cup O Joe”: the Essentials of M&A Valuation

Published March 16, 2011

"What's my company worth to a buyer?" Easy to ask, but not so easy to answer correctly. This month, New Direction Partners and Margolis Becker explain the multiple-of-EBITDA formula that's used to determine pricing in many conventional acquisitions. They also discuss asset-based valuation for tuck-ins and note the commission structures that sellers can expect to receive in M&As of this type.

 

The Social Printshop: Your Friends to Your Wall, via Facebook

Published March 7, 2011

There’s not much crossover between the parallel universes of print and the social media, but Benjamin Lotan is out to change that—once Facebook poster at a time. He’s the creator and the proprietor of The Social Printshop, an online service that lets habitués of Facebook and other social networking sites celebrate their relationships in hard-copy form.

 

Another “Windmill” Just Keeps on Turning

Published February 26, 2011

If a sturdily-built iron letterpress is carefully maintained and properly operated, shouldn’t it last forever? Well, forever is a long time. But so is five decades, the span of years across which Florida printer Buddy West has operated the same Original Heidelberg letterpress at Panama City Publishing Co. in that town's St. Andrews district.

 

Wake Up and Smell the Coffee: Straight Talk about M&As in A “Cup O Joe”

Published February 16, 2011

The partners at New Direction Partners join financial management firm Margolis Becker for the monthly Cup O Joe, a conference call with printers on a selected topic. With the help of NDP partners Peter Schaefer and Jim Russell, Cup O Joe tackled the topic “Acquiring A Company from an Owner’s Perspective.” Some excerpts are presented here.

 

Scannable Valentine’s Day Stamps Say “XOXO” in QR

Published February 11, 2011

Nobody ever called QR codes pretty to look at. But then, nobody has taken QR codes to heart in quite the same way as Chunghwa Post, the postal system of the Republic of China (Taiwan). For Valentine’s Day, the agency has turned the stark black-and-white of these print-leveraging symbols into a palette of pastels with an underlying message of love—a sentiment that’s welcome in the mailbox on any day of the year.

 

GrCI at Cal Poly Installs Cutter Donated by Heidelberg

Published February 8, 2011

“In our DNA” is a bit of corporate-speak that we’re all probably tired of hearing, but every now and then, it really does express the depth of a company’s commitment to a principle or a cause that it takes seriously. Heidelberg, for one, would be fully entitled to use the phrase to describe its support for industry education—just ask the Graphic Communication Institute (GrCI) at California Polytechnic State University (Cal Poly).

 

OSHA to Flagrant Workplace Safety Violators: Prepare to Be SVEPt Up

Published February 7, 2011

Last year Congress deliberated a bill that would have significantly increased penalties for workplace safety violations uncovered by OSHA. To the relief of business advocacy groups, the bill didn’t become law, but this doesn’t mean that the agency hasn’t been stepping up its efforts against unsafe workplaces in other ways.

 

Coming Soon: “Gutenberg’s Buyers Guides,” Purchasing Directories for Printers—in Print

Published February 4, 2011

The U.S. printing industry has been without commercially produced, regionalized trade directories since the Graphic Arts Blue Books ceased publication in print last year. But, printers gazing wistfully at the empty space on the shelf where the old Blue Books used to go should dust off that space and keep it open—a new set of hard-copy purchasing guides is on its way from north of the border.

 

Report: Heidelberg To Challenge “Performance” Digital Presses with Hybrid Litho/Digital Offering

Published January 31, 2011

As it stages its re-entry into the digital print equipment market, Heidelberg is out to make high-end digital presses from other suppliers “irrelevant.” That, at least, is the word used and the conclusion reached by the UK trade publication PrintWeek in a recent report on Heidelberg’s emerging digital strategy.

 

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