Citing industry shifts as well as disruptions in the publishing supply chain caused by the Covid-19 pandemic, Ingram Content Group said it is investing millions of dollars in an upgrade to its global printing and distribution network.
Analysts at the Book Manufacturers Institute’s Spring Management Conference were optimistic about the recovery of the printing sector and the overall economy despite the severe impact of the pandemic and subsequent lockdown.
LSC Communications has voluntarily filed Chapter 11 bankruptcy, but will continue to operate with debtor-in-possession financing.
The loss of printing capacity is one of the many concerns publishers are facing because of the new coronavirus outbreak—and the business was dealt an unhappy surprise last week when Quad unexpectedly closed its book printing facilities.
Their proposed merger fell apart, but megaprinters Quad/Graphics and LSC nevertheless are looking more like monopolies.
Shareholder Sententia seeks to replace the board at LSC Communications with its own directors, and wants a special shareholder meeting.
Lightning Source has sent a notice to all publishers who use Ingram’s print-on-demand service informing them that, as of April 27, it will remove print content from its catalog that falls within certain prohibited areas. The goal, Ingram said, is to uphold the quality of its content and to guard against copyright infringement.