Quad/Graphics (QUAD) Enters $900M+ Print Agreement with Time, Inc.
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Quad/Graphics, Inc. (NYSE: QUAD) has reached a new, $900 million-plus agreement with Time Inc. that significantly extends and expands its magazine print work for the venerable New York publisher.
Under the multi-year agreement, Quad/Graphics will handle more than 85% of the print work for 19 titles that are among the most popular magazines in America, including Time, People, Sports Illustrated, Entertainment Weekly, InStyle, Money, Real Simple, Fortune, Essence and Golf.
The work represents a 35% increase in incremental Time Inc. print volume for Quad/Graphics over the term of the agreement, beginning in January 2014.
Under the multi-year agreement, Quad/Graphics will handle more than 85% of the print work for 19 titles that are among the most popular magazines in America, including Time, People, Sports Illustrated, Entertainment Weekly, InStyle, Money, Real Simple, Fortune, Essence and Golf.
The work represents a 35% increase in incremental Time Inc. print volume for Quad/Graphics over the term of the agreement, beginning in January 2014.
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