Monday, March 31, 2008

Et tu, TVA? Quebecor World may lose its cousin magazines' business

Insult is added to injury for beleagured printer Quebecor World as it appears its parent company's magazine division may move some of its printing business to other suppliers. This, on top of the threat of losing the printing of The Economist, the loss of all of Rogers Publishing's magazines and the discontinuation of the 9 million press-run Canadian Tire catalogue.

According to a story in the Globe and Mail, Publications TVA Inc., Quebec's largest consumer magazine publisher, is considering entering into alternative printing arrangements.

"Publications TVA is assessing the possibility of letting a minority percentage [of its magazines] go to other printing companies, for practical and logistical reasons," [company spokesman] Luc Lavoie said.

Mr. Lavoie said no final decision has been made yet on whether to go with other printers for some titles and that the "vast majority" of the 50 or so magazines in the TVA stable will continue to be printed by Quebecor World. He would not provide further details.

Among titles of Outrement, Que.-based Publications TVA are several highly popular celebrity gossip magazines, including 7 Jours, Le Lundi and Star Système.

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