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Blue Sky thinking from CPH Group

We all need to think outside the 'square' during this time. Leading the way, supplier CPH Group has launched a free online resource called Blue Sky to help signwriters and the digital print industry generate new revenue during the COVID-19 crisis.

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$130bn JobKeeper package: 6m to receive $1,500 a fortnight

The Federal Government will provide a historic wage subsidy to around six million workers who will receive a flat payment of $1,500 per fortnight through their employer, before tax. The payments will begin in May but be backdated to March 30. The ACTU has welcomed the announcement but noted several “early issues.”

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Wideformatonline Publisher now also Editor of Labels Plus magazine

The timing could be better but then, as a great sage once wrote "Man plans - God laughs." The Publisher of this twice-weekly newsletter and website, Andy McCourt, is pleased to announce he is now also Editor of the industry's leading Label & Packaging title, Labels Plus, and all former Labels-Online subscribers will receive the e-version for free.

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NZ bans printing of non-daily newspapers & magazines; News Corp Australia suspends 60 local newspapers

National print association PrintNZ says it was “caught by surprise” on Friday when the New Zealand government announced that under new COVID-19 measures only major daily newspapers were considered essential services and that “all other printed newspaper and magazine production was to cease immediately.”  The move comes as the fight to declare printing and signmaking an essential service heats up on both sides of the Tasman. 
PVCA CEO Andrew Macaulay said all Australian print and packaging businesses that maintain the latest CoVid19 safe health work guidelines can continue to operate, "if that is their commercial decision.”
News Corp Australia has stopped printing 60 local newspapers because of a collapse in advertising revenue. News Corp announced on Wednesday it would turn its 60 community mastheads into digital-only products.

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oOh!media raises $156m, announces cost-cutting program

ASX-listed outdoor advertiser oOh!media is out of a trading halt after raising $156 million to complete the institutional part of an emergency $167 million capital raising. US investment firm HMI Capital is providing $17.7 million, which could leave it with 25 percent of the company. oOh!media also announced a cost-cutting drive of $45m-65m.

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PrintNZ apprentice award now includes signmakers

PrintNZ GM Ruth Cobb says the decision to include signmakers/speciality graphics in the Top 12 Apprentices of the Year finalists for 2020 illustrates that the national association “strives to keep at the forefront of evolutions within the sector.”

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HP to Xerox: now is not the time

“While we remain open-minded about M&A as a tool to add value for HP shareholders at the right time and on the right terms – it’s abundantly clear that now is not that time,” HP has told its shareholders in a letter. It warned that any large-scale transaction in the current economic environment could be disastrous.

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