Iowa Newspapers Cut Their Print Frequency

*GAAP Results: Revenue of $491 million (-5% vs. prior year), Operating loss of $67 million (-$113M vs. prior year), and EPS loss of $1.29 (-$1.92 vs. prior year). Losses primarily due to non-cash goodwill impairment in Education Services/University Services and restructuring charges *Fiscal 2023 Outlook: Reduced to reflect increased Academic headwinds and a publishing pause in a Hindawi special issues program *Accelerating wide-ranging simplification and optimization efforts to drive meaningful margin improvement

Bauer Magazine Media publishes some of the world’s best-known and most loved magazines delivering entertaining, engaging and inspirational content for readers and significant reach for advertisers. Bauer Media is the UK’s leading consumer magazine publisher by total copies sold and Retail Sales Value. HIGHLIGHTS THIS PERIOD: •Bauer Media is No.1 in the TV Listings market •TV Choice celebrates ten years at the top - the only magazine in the UK to sell over 1 million copies every week •Bauer Media is home to two of the fastest growing magazines in the UK; Practical Photography and Garden Answers •Bauer Media is the UK’s No.1 publisher in the True Life market •Take a Break leads the market and is the UK’s No1 women’s weekly •Garden News is the UK’s No.1 weekly gardening title •Garden Answers has recorded its eighth consecutive YOY increase. Click Read More below for more of the story.

The United States Postal Service reported new delivery performance metrics showing the average time to deliver a mailpiece across the postal network continues is 2.7 days. Through March 18, Marketing Mail and Periodicals performance was consistent with the fiscal first quarter. The Postal Service continues its top-down focus on operational precision across the postal network to improve First-Class Mail performance evident in week over week performance to date in March. Second quarter service performance scores covering Jan.1 through March 18 included: *First-Class Mail: 86.7 percent of First-Class Mail delivered on time against the USPS service standard, a decrease of 2.4 percentage points from the fiscal first quarter. *Marketing Mail: 92.1 percent of Marketing Mail delivered on time against the USPS service standard, consistent with performance from the fiscal first quarter. *Periodicals: 81.4 percent of Periodicals delivered on time against the USPS service standard, consistent with performance from the fiscal first quarter.