Articles by Marrecca Fiore

AMI’s Latest Financial Restatement Postponement Could Cost Company Up to $1.375 million

Article categorized in News |

American Media Inc. last week agreed to pay its note holders between $687,500 and $1.375 million in exchange for again postponing the restatement of its third quarter, fourth quarter and full-year 2006 results, as well as the results of its first and second quarters for 2007, according to documents filed with the Securities and Exchange Commission last week.

After Five Acquisitions, Eight-Month-Old 1105 Media Grows to a $110 Million Company

Article categorized in News |

After making its first acquisition last April, that of 101Communications for an estimated $73 million to $75 million, 1105 Media began quickly building up. The publisher, backed by Boston-based Nautic Partners and Alta Communications and helmed by former Petersen Publishing and Cahners Publishing executive Neal Vitale, scooped up Stevens Publishing within weeks of its 101Communications buy.

Aspire Buys Two Quilting Magazines and a Television Show

Article categorized in News |

Aspire Media's Interweave Press has made two recent acquisitions, including that of PBS television show, Needle Arts Studio. Aspire CEO Clay Hall said in an interview Wednesday that the show, which is carried in 157 markets and distributed to 55 million households nationwide, rounds out Interweave's multiplatformed, direct-marketing model.

R.R. Donnelley Continues Buying Binge, Makes $1.25 Billion Debt Offering

Printing giant, R.R. Donnelley & Sons said Wednesday it entered into an agreement with Visant Corp. to acquire Von Hoffman, a printer of books and other products that serve the education, trade and b-to-b catalog segments, for $412.5 million. Today, the company made a $1.25 billion debt offering to pay for its $1.3 billion acquisition of Banta Corp.

Is Your Number 3 the Same as Their Number 3?

As the ability in the digital-production process to determine whether what's on the screen will look like what's on paper becomes more predictable, the spotlight is turning to paper, which turns out to be more variable than it should be.

CosmoGirl Executive Editor to Helm Seventeen

Article categorized in News |

Ann Shoket, execitve editor of CosmoGirl has been named editor-in-chief of Seventeen, Hearst president Cathleen Black said in a statement today. Shocket replaces Atoosa Rubenstein, who resigned from the publication late last year.