Postmedia Launches New App

The book printing market is experiencing high levels of demand and a continued resurgence among consumers for physical books. While a good problem to have, it could be a problem nonetheless as we move into 2023. Kevin Spall, senior VP at Scholastic, offers a perspective on this from the publishing side, explaining: “Publishers are full, having overbought because demand was high and capacity was low. We bought inventory to be prepared. And now, as demand softens, we still have inventory. The need to reprint is less certainly than it was a year ago when the demand was just starting to spike, and those are not issues that are going to go away quickly.” Demand has soared in 2022, according to the Book Manufacturers Institute’s (BMI) "State of the Book Industry 2022” report. The printed book market remains on an upward trajectory, continuing to build on the momentum of 2020, when COVID-19 kept people at home and interest in reading surged.

Savvas Learning Company, a next-generation K-12 learning solutions leader, is excited to announce that it has been named to the 2024 edition of the GSV 150, an annual list of the top 150 private companies transforming digital learning and workforce skills. This is the second year in a row that Savvas has been named to the GSV 150. “At Savvas, we are committed to developing innovative learning solutions that are powered by the most advanced technology to help educators meet the needs of all students,” said Bethlam Forsa, CEO of Savvas Learning Company. “Savvas is honored to be recognized among the exceptional companies on the GSV 150 who are champions of educational technology — including new AI-enabled systems — to make for a richer, more personalized teaching and learning experience for all.”

American Media, Inc. announced that it was further building on its recent investment in Men’s Journal by increasing the brand’s print circulation to 1.25 million, a 66% increase as current readers of Men’s Journal and Men’s Fitness will be receiving Men’s Journal beginning with the November issue. The integration is part of a broader strategic investment in Men’s Journal that also includes a frequency increase to 12 issues per year and enhancements in both the print and digital products. The brands will continue to maintain separate digital destinations at mensjournal.com and mensfitness.com. “It’s clear, as evidenced by numerous third party research studies, that today’s affluent men are looking for, and eager to invest in, curated experiences and adventures,” said Men’s Journal Chief Revenue Officer Jay Gallagher. “AMI believes that Men’s Journal is well-positioned to meet these consumer demands by extending our national footprint and deepening our authority in this space with the addition of even more world-class editorial and the significant improvements in paper quality and trim size, so that we can continue to build on our position as the only destination for adventurous men.” Click Read More below for more of the story.