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RR Donnelley Gains New Business From Time Inc.

Press release from the issuing company

CHICAGO, Aug. 4 -- R.R. Donnelley & Sons Company has entered into a multi-year agreement with Time Inc., a business unit of Time Warner Inc., and the largest magazine publisher in the world, to print LIFE, its celebrated magazine of photojournalism. Inserted into 50 newspapers each Friday, this 12 million-copy magazine will have approximately 50% of its total circulation produced by RR Donnelley. When Time Inc. originally launched LIFE magazine in 1936, RR Donnelley was selected as its printer. Commenting on being chosen for this new work, John Paloian, RR Donnelley's Group President, Publishing & Retail Services, said, "We are extremely pleased to have been selected to participate in the new launch of the respected LIFE brand. Having worked together for more than 80 years, we appreciate the confidence that Time Inc. continues to demonstrate in our ability to successfully produce their magazines in an efficient and effective manner." Barry Meinerth, Senior Vice President, Production and Fulfillment, Time Inc., added, "After careful consideration of the available marketplace options, we are comfortable with our decision to select RR Donnelley as a printer for LIFE magazine, which will be distributed weekly in newspapers across the country. The strategic locations of their gravure manufacturing plants, combined with their overall distribution expertise and their experience in serving time-sensitive markets, were all key factors in our decision." Susan Popler-Roy, LIFE's Director of Operations & Technology, said, "In RR Donnelley, we are getting the benefit of significant technological and operational expertise along with a thorough understanding of LIFE magazine's strategic goals. RR Donnelley's longstanding history of working closely with LIFE will serve us well as we undertake one of the most ambitious launches of a weekly magazine." Beginning this October, RR Donnelley will be responsible for producing the west coast and southeast copies of LIFE at its Reno, Nev., and Spartanburg, S.C., plants. Printing LIFE magazine represents a significant extension of Time Inc.'s relationship with RR Donnelley. RR Donnelley currently prints Time, Sports Illustrated and People magazines for Time Inc., as well as various specials, direct mail, commercial print, forms, books and provides some logistics services.