Covers Sell

Covers Sell

Coast to Coast Sold to Comag

Posted by Scott On May - 9 - 2018

In a Press Release this morning, it was announced that Coast to Coast is being sold to Comag, a U.S.-based national distributor, formally owned by Conde Naste & Hearst.  CoversSell.com has been advised that a Canadian office will be maintained, and some key account services professionals will be kept on board the new merged entity.

The Press Release is below:

Joint Announcement
May 9, 2018
Coast to Coast Newsstand Services Partnership (CTC) and Comag Marketing Group Canada Inc. (CMGC), today announced an agreement whereby CMGC would purchase the assets of CTC effective January 1, 2019.

Jay Felts, President of CMGC, stated “the CMG team is excited and looking forward to enhancing and growing its services and offerings across Canadian Publishers and Retailers. The consolidation of these two companies will help offset the effect of declining sales and will ensure that Canadian publishers continue to be well represented on the newsstands”.

Dan Shapiro, Managing Director of CTC, expressed his sincere thanks to all the great CTC associates that have worked so diligently over the years to make CTC the leading National Distributor for Canadian publications. “I’m disappointed that CTC will not be carrying on after January 1, 2019, but am gratified that our clients will continue to receive expert quality service through CMGC. Continuous sales declines throughout our entire eco system put the sustainability of CTC in jeopardy.”

Glenn Morgan, President of CTC, will continue in his current role after the acquisition, which will help to ensure a smooth transition for CTC clients. Glenn is looking forward to working with CMGC and making this change successful.
Coast to Coast is a partnership owned by Rogers Communications and the major Canadian Magazine wholesalers.
Comag Marketing Group Canada Inc. is a major National Distributor representing approximately 50% of US publishing volume in Canada. CMGC Inc is owned by The Jim Pattison Group.

For more information contact Dan Shapiro: danny@metro360.ca or Jay Felts: jfelts@i-cmg.com

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Scott Bullock’s Newsstand Cover Quiz Show is legendary in the industry. Using covers as the catalyst, this interactive and entertaining format is a light-hearted but hard-hitting spin on Packaging 101. Testing the cover savvy of magazine professionals across disciplines, the Quiz Show pits publishers against editors, circulators against art directors, retailers against wholesalers -- ultimately leading to new common ground in the quest for better covers. Scott is the Owner of Circ3, Smart Circulation Solutions, a circulation consultancy. www.circ3.com

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