Costco Wholesale Corporation Reports Fourth Quarter and Fiscal Year 2020 Operating Results

While the rise of digital has led many publishers to reduce their print offering, Dennis Publishing has continued to invest. Kerin O’Connor, chief executive of The Week at Dennis, explains how it’s found success with a print version of The Week for children – and what it can teach the industry about the future of print… Jon Watkins spoke to him ahead of the 41st FIPP World Congress, taking place from 9-11 October where Kerin will be among 100 speakers from around the world sharing insights on a variety of industry and related topics. Join the conversation at the Congress. Tell us about the drivers behind the launch of The Week Junior – how much of it was that you’d seen an opportunity in the market and how much was it driven by the desire to help kids engage with issues? So, the best place to start was by looking at the success we’d had with The Week. One of the things that we’ve done, particularly over the last 10 years, was to build a suite of products that are designed to help people in their lives by providing expert opinion. Through those, there are four things that we do. We inform, we advise, we indulge, and we distil content. Our audiences are clever people who appreciate expert opinion that allows them to make up their own minds. Click Read More below for more of the story.

UPS announced the company has been awarded a significant air cargo contract by the United States Postal Service (USPS). This award is effective immediately and greatly expands the existing relationship between the two organizations. Following a transition period, UPS will become the USPS’s primary air cargo provider and move the majority of USPS air cargo in the US. “Together UPS and USPS have developed an innovative solution that is mutually beneficial and complements our unique, reliable and efficient integrated network,” said UPS Chief Executive Officer Carol B. Tomé.

Christian Jünger is to become the new Chairman of the Management Board/CEO of the German Penguin Random House Verlagsgruppe. As Nihar Malaviya, CEO of Penguin Random House, announced yesterday, Jünger will take up his new position on October 1. Jünger succeeds Thomas Rathnow, who stepped down from the role in April after resigning for personal reasons. Penguin Random House Verlagsgruppe has since been managed on an interim basis by Britta Egetemeier and Thomas Pichler. In his new role, Jünger will lead Verlagsgruppe’s strategy to drive its future growth and consolidate its position as leading German-language publisher. As CEO of Verlagsgruppe, he will report to Nihar Malaviya and will sit on Penguin Random House’s Global Executive Committee. Christian Jünger will join Penguin Random House Verlagsgruppe from Rowohlt Verlag, where he has supervised Sales, Purchasing/Manufacturing, Controlling, Rights and Licenses, IT, and HR as Managing Director since 2021. Previously, he gained significant experience in the retail book sector at Amazon Germany, where he most recently served as Head of Vendor Management Books, managing the business with specialist and foreign-language books, calendars, and wholesalers.