International Newspaper Group Chicago, Illinois October 6, 1012. Update After Restructuring. How we began this Journey Progress and Changes Lessons Learned. Auburn, Alabama. Bristol and Lynchburg. Feasibility Study. February 2007 Feasibility Committee
October 6, 1012
Innovative printing, packaging and distribution solutions for a changing media world.
June 25, 2012 sale of 63 daily and weekly products completed to World Media Enterprises.
World Media Publishing Solutions
Centralized support group
Provide customer service to core newspaper production and distribution needs.
Have goals and responsibility to grow revenues from third party commercial opportunities.
Be responsible for supplying the most cost effective and quality solution for all production and distribution needs within the organization.Structure
Centralization verses decentralization to World Media Enterprises.
Prior to 2008 the business model was one of individual business units whose decisions supported the goals of the local or regional organization.
The results wee a disjointed manufacturing and distribution effort. Lost opportunities, revenue left on the table.
In 2008 we proposed a single manufacturing and distribution group to offer a focused approach. A consolidated view of core product support and commercial revenue opportunities.
a group with P&L responsibility to grow revenue that brings to bear the entire manufacturing and distribution effort of the organization with a common goal.
This would enable publishers to grow their businesses without the distraction of printing, packaging and distribution.
The group would leverage existing capacity and load balance production.
Capitalize on market niche with our new facilities with full color.
Quicker response time to outsource production of current products.The Model
The challenge: How do we deliver long term value with traditional assets?
The proposal in 2008: Establish a new organization that is solely focused on leveraging fixed assets to provide these long term investments more relevance in a changing world.The Challenge has not Changed
Leverage available printing and packaging capacity media world.
Load balance existing printing and packaging
Fully leverage existing equipment and personnel
Add infrastructure as new revenue supports the investment.
Commercial sales team
Leverage advertising sales team to direct commercial opportunities
Commercial sales and customer service support
Leverage economies of scale where possible to reduce expenses.
Leverage existing distribution network beyond traditional core servicesExecution of the 2008 Plan
QUESTIONS media world.