Sun Chemical acquires Canadian ink company

Sun Chemical in Parsippany, New Jersey acquired Colmar Inks Corp. based in Ontario, Canada. Colmar’s customer lists, contracts and finished inventory were included in the acquisition. Terms of the deal were not disclosed.

The transaction, expected to close in the first quarter of 2016 allows Sun Chemical to expand its liquid ink customer base in Canada.

“Our customer relationships are our most treasured asset and we are excited about the opportunity to serve these new customers with the expanded capabilities of Sun Chemical’s global technology base,” said Charles Murray, president of North American inks for Sun Chemical. “we will work closely with Colmar and visit each customer to ensure a smooth transition.”

Vice Magazine gets a new look

Vice Magazine is launching a redesigned print edition in March of 2016. The magazine, which launched as a zine in Montreal 21 years ago, has grown into a global media network including a cable channel.

The magazine will continue to carry long-form features, photography and fiction, said Ellis Jones, editor-in-chief of Vice. But, there will be an increase in cultural coverage and new voices and columnists examining sex and finance among other topics.

“Our digital channels will also become increasingly involved,” Ellis said. “With space carved out for them to discuss the latest in music, science, technology, women’s issues and more.”

After taking a break January and Feburary, the magazine will also get a new look and feel for the debut in March.

La Presse to Cease Monday to Friday Print Edition Jan. 1

On the heels of the success of La Presse+, its free digital tablet edition, La Presse, Canada’s French-language daily of record, will mark a milestone in its history on Jan. 1, 2016. As of that date, La Presse+ will replace the print version of La Presse from Monday to Friday. The Saturday print edition will be maintained, and will continue to be distributed to subscribers and points of sale.

Since the application was launched in 2013, La Presse+ is a better-performing mass medium than the print edition of La Presse, with its 131-year history. It enjoys extremely high levels of reader engagement, with average viewing times of 40 minutes on weekdays and 60 minutes on Saturdays. La Presse+ is also renewing readership and lowering the average age of readers in the 25-to-54 age group, who make up 63 percent of its audience. These results translate into advertising rates (CPM) comparable to that of print. La Presse+ already accounts for nearly 70 percent of total ad revenues at La Presse.

“The end of La Presse’s Monday-to-Friday print editions as of Jan. 1 is a watershed moment in our transition to a sustainable digital business model,” said Guy Crevier, president and publisher. “La Presse is now well positioned as a world leader in daily tablet-based news and information, and the first major print daily in the world to make the shift to 100 percent digital on weekdays, while supporting a newsroom staff of 283 people. The weekday print edition is being replaced by the La Presse+ digital tablet edition, which is hugely successful with our readers, and offers advertisers a very high quality reader profile and outstanding reader engagement.”