Magazines

Wyndeham Group has announced 70 redundancies at its Peterborough facility as the result of a month-long consultation with employees at the plant.

Readers Digest UK has cut 95 staff from its 120-strong workforce with immediate effect, citing declining book, DVD and CD sales.

Polestar Varnicoat looks set to close after the company kicked off a 30 day consultation at the site on Wednesday (2 January).

The next generation knows that print and digital are both part of a broader media spectrum

Polestar has moved quickly to begin restructuring its freshly-expanded operations after last month's purchase of the Goodhead businesses.

Océ and Manroland Web Systems have teamed up to develop a digital printing and finishing system for newspaper and book production.

Magazine printer Headley Brothers has bought a new Goss M-600 press to replace two older Heidelberg machines.

The anticipated sale of Sir John Madejski's Goodhead Group is still to be confirmed.

Publishing group Future has recorded a 26% increase in operating profit excluding exceptional items in its preliminary 2012 results despite continued losses on its print activities.

Every 1 invested in magazine advertising generates an average return on investment (ROI) of 1.40, according to new research from IPC media.

Speculation is rife that Sir John Madejski is poised to sell Goodhead Group - with Polestar tipped as the most likely 'buyer' for the business.