Investment Accelerates Quad/Graphics’ Ongoing Transformation to
Create a Robust Integrated Marketing Platform
Quad/Graphics (NYSE: QUAD) (“Quad”), a leading marketing
solutions provider, announced today that it has increased its
equity position in Rise Interactive (“Rise”), acquiring a majority
ownership stake in the award-winning digital marketing agency.
Quad/Graphics has owned a non-controlling interest in Rise since
July 2016.
This press release features multimedia. View
the full release here:
https://www.businesswire.com/news/home/20180321005857/en/
The investment accelerates Quad’s ongoing transformation to
leverage its strong print foundation as part of a much larger
integrated marketing platform that addresses clients’ increasing
need to reduce complexity and improve process efficiencies and
marketing spend effectiveness. This industry-differentiating
platform allows Quad to fulfill traditional agency functions, such
as data and media strategy, while also providing integrated
marketing execution across multiple channels – both online and
offline.
“We are pleased to strengthen our strategic partnership with
Rise, which shares our Quad 3.0 vision for reinventing how clients
plan, integrate, execute and measure campaigns more efficiently and
effectively across all media channels,” said Joel Quadracci,
Chairman, President & CEO of Quad/Graphics. “Today’s marketers
and content providers face incredible business disruption from the
shifting media landscape that has put consumers in charge of when,
where and how they access content. Burdened with the complexity of
having to coordinate multiple agency partners, our clients are
looking for ideas to streamline and simplify go-to-market
strategies while improving consumer response and revenue. Rise
specializes in digital media, analytics and customer experience,
and through our partnership we are advancing data-driven marketing
through the delivery of highly relevant, consistent messages – at
scale – to consumers across digital and print channels.”
“Our companies are strategically and culturally aligned, and we
are confident in the value we are creating for all stakeholders
through this expanded partnership,” said Jon Morris, Founder and
CEO of Rise Interactive, whose unique approach to digital marketing
includes a proprietary media investment management platform that
helps clients see, shape and act on opportunities across the entire
digital landscape and drive the greatest business results. “We have
an incredible line-up of talent and technology to help our clients
make smarter marketing decisions, including real-time visibility
into how their programs are performing, allowing them to optimize
their overall revenue opportunity.”
Added Quadracci: “This increased investment in Rise complements
our recent acquisition of Ivie & Associates, a leading
marketing services provider, and supports our long-standing
objective to create a better way for our clients. In Quad 3.0, we
are focused on addressing our clients’ marketing challenges so they
focus on what they do best: sell amazing products, services and
content. We are constantly assessing the problems our clients face
and proactively offering up solutions centered on our integrated
marketing platform.”
Forward-Looking Statements
This press release contains certain "forward-looking statements"
within the meaning of the Private Securities Litigation Reform Act
of 1995. Forward-looking statements include statements regarding,
among other things, our current expectations about the Company's
future results, financial condition, revenue, earnings, free cash
flow, margins, objectives, goals, strategies, beliefs, intentions,
plans, estimates, prospects, projections and outlook of the Company
and can generally be identified by the use of words or phrases such
as "may," "will," "expect," "intend," "estimate," "anticipate,"
"plan," "foresee," "project," "believe," "continue" or the
negatives of these terms, variations on them and other similar
expressions. These forward-looking statements involve known and
unknown risks, uncertainties and other factors which may cause
actual results to be materially different from those expressed in
or implied by such forward-looking statements. Forward-looking
statements are based largely on the Company's expectations and
judgments and are subject to a number of risks and uncertainties,
many of which are unforeseeable and beyond our control.
The factors that could cause actual results to materially differ
include, among others: the impact of decreasing demand for printed
materials and significant overcapacity in the highly competitive
commercial printing industry creates downward pricing pressures and
potential underutilization of assets; the impact of electronic
media and similar technological changes, including digital
substitution by consumers; the inability of the Company to reduce
costs and improve operating efficiency rapidly enough to meet
market conditions; the impact of changing future economic
conditions; the failure of clients to perform under contracts or to
renew contracts with clients on favorable terms or at all; the
impact of increased business complexity as a result of the
Company's transformation into a marketing solutions provider; the
impact of regulatory matters and legislative developments or
changes in laws, including changes in cyber-security, privacy and
environmental laws; the impact of fluctuations in costs (including
labor and labor-related costs, energy costs, freight rates and raw
materials) and the impact of fluctuations in the availability of
raw materials; the failure to attract and retain qualified
production personnel; the impact of changes in postal rates,
service levels or regulations; the fragility and decline in overall
distribution channels, including newspaper distribution channels;
the failure to successfully identify, manage, complete and
integrate acquisitions and investments; the impact of risks
associated with the operations outside of the United States,
including costs incurred or reputational damage suffered due to
improper conduct of its employees, contractors or agents;
significant capital expenditures may be needed to maintain the
Company's platform and processes and to remain technologically and
economically competitive; the impact of the various restrictive
covenants in the Company's debt facilities on the Company's ability
to operate its business; the impact on the holders of Quad/Graphics
class A common stock of a limited active market for such shares and
the inability to independently elect directors or control decisions
due to the voting power of the class B common stock; the impact of
an other than temporary decline in operating results and enterprise
value that could lead to non-cash impairment charges due to the
impairment of property, plant and equipment and other intangible
assets; and the other risk factors identified in the Company's most
recent Annual Report on Form 10-K, as such may be amended or
supplemented by subsequent Quarterly Reports on Form 10-Q or other
reports filed with the Securities and Exchange Commission.
Except to the extent required by the federal securities laws,
the Company undertakes no obligation to publicly update or revise
any forward-looking statements, whether as a result of new
information, future events or otherwise.
About Quad/Graphics
Quad/Graphics (NYSE:QUAD) is a leading marketing solutions
provider. The Company leverages its strong print foundation as part
of a much larger, robust integrated marketing platform that helps
marketers and content creators improve the efficiency and
effectiveness of their marketing spend across offline and online
media channels. With a consultative approach, worldwide
capabilities, leading-edge technology and single-source simplicity,
Quad has the resources and knowledge to help a wide variety of
clients in multiple vertical industries, including retail,
publishing and healthcare. Quad provides a diverse range of digital
and print and related products, services and solutions from
multiple locations throughout North America, South America and
Europe, and strategic partnerships in Asia and other parts of the
world. For additional information visit www.QG.com.
About Rise Interactive
Rise Interactive is a digital marketing agency specializing in
media, analytics and customer experience. The agency’s proprietary
Interactive Investment Management® approach uniquely helps clients
see, shape and act on opportunities across the entire digital
landscape. Rise is a strategic partner, helping leading brands like
ULTA Beauty, Atkins Nutritionals and others make smarter marketing
investment decisions and create more relevant experiences for their
customers. For more information, visit www.riseinteractive.com or
follow the company on Twitter @riseinteractive.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20180321005857/en/
Media ContactChristel HenkeVice President of Earned
Media, STIR414-278-0040414-587-2236christelh@stirstuff.com
Quad Graphics (NYSE:QUAD)
過去 株価チャート
から 9 2024 まで 10 2024
Quad Graphics (NYSE:QUAD)
過去 株価チャート
から 10 2023 まで 10 2024