RR Donnelley Awarded $80 Million Multi-Year Contract
Press release from the issuing company
CHICAGO --July 8, 2008--R.R. Donnelley & Sons Company announced today that it has been awarded a multi-year contract in excess of $80 million to produce a major portion of F+W Publications, Inc. book and magazine work. F+W Publications, Inc. is an established special interest publisher and multi-channel content provider. The agreement greatly expands RR Donnelley's previous relationship with F+W.
F+W's well-known imprints include Writer's Digest, North Light Books, Adams Media, and Krause Publications. Industry-leading magazines include Deer & Deer Hunting, Horticulture, Popular Woodworking, The Artist's Magazine, HOW, Print, and I.D. F+W annually publishes approximately 750 books and more than 50 magazine titles.
David Nussbaum, Chairman and CEO for F+W, stated: "Consolidating the number of print vendors F+W employs has been a key strategic goal for the Company. We spent many months in discussions with our other partners in the industry. RR Donnelley's long and well-deserved reputation for quality and reliability and their ability to craft a program that delivers exceptional value to F+W ultimately made our decision an easy one. We look forward to working and collaborating with the RR Donnelley team."
Thomas J. Quinlan III, RR Donnelley's President and CEO, said, "We are very pleased to have the opportunity to expand our relationship with such a respected publisher as F+W. Our end-to-end platform offers the potential to leverage our resources for premedia services, magazine and book production, logistics services, merchandising materials and transactional business documents. We look forward to exercising our domestic and international platform to support F+W as it continues to deliver exceptional content to its broad audience of readers."
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