SOURCE: San Francisco Chronicle

November 17, 2006 09:30 ET

San Francisco Chronicle Signs 15-Year Deal With Transcontinental

SAN FRANCISCO, CA -- (MARKET WIRE) -- November 17, 2006 -- The San Francisco Chronicle has announced today that it has signed an exclusive 15-year contract with Transcontinental to print the daily newspaper and its related products, as well as provide complete post-press services. Transcontinental, North America's seventh-largest printer and Canada's leading newspaper printer, is slated to begin production in spring 2009 in a new plant it will equip with state-of-the-art technology in the San Francisco Bay Area.

Frank Vega, president and publisher of the San Francisco Chronicle, commented, "This agreement is part of our continuing effort to elevate the Chronicle, and its related products, to a new level of service for both readers and advertisers. With a new plant coming on line in spring 2009, we will be able to better produce our content and present it in a more crisp, colourful and timely fashion. By providing complete post-press services, the relationship benefits our advertisers through more targeted pre-print capability."

"In this rapidly changing media landscape, it just makes the most sense for us to focus our attention on developing and providing superior news and information across multiple products and platforms, marketing and distribution operations and relying on printing from those whose primary business is printing."

"We are extremely pleased to sign this contract with such prestigious brands as the San Francisco Chronicle and Hearst Corporation," said Luc Desjardins, president and CEO of Transcontinental Inc. "Our unique newspaper production model, combining the latest technology with highly skilled, autonomous work teams, has led such major dailies as The New York Times, The Globe and Mail, Canada's national newspaper, and Montreal's leading French-language daily, La Presse, to entrust their printing to us and concentrate their resources on their core business -- producing top-quality content, leveraging it and developing their brand. This contract with such a prestigious company as Hearst Corporation is yet another vote of confidence for our market-leading newspaper production model, and is just the first of many strategic footprints Transcontinental is developing in the U.S. with newspaper industry leaders."

About The San Francisco Chronicle

The San Francisco Chronicle is the Bay Area's leading news and information source and has been connecting the region with its award-winning journalism since its founding in 1865. Combined with its online partner, SFGate.com, the San Francisco Chronicle reaches nearly 1.5 million Bay Area residents daily and more than 1.6 million on Sunday. The six-time Pulitzer Prize-winning Chronicle is the nation's 14th largest daily newspaper, and SFGate.com is consistently among the top six newspaper sites nationwide, with more than 8.1 million unique monthly users and more than 76 million monthly page views.

About Hearst Corporation

Hearst Corporation (www.hearst.com) is one of the nation's largest diversified communications companies. Its major interests span 12 daily and 20 weekly newspapers including the San Francisco Chronicle, Houston Chronicle and Albany Times Union; nearly 200 magazines around the world, including Cosmopolitan and O, The Oprah Magazine; 29 television stations through Hearst-Argyle Television (NYSE: HTV) which reach a combined 18% of U.S. viewers; ownership in leading cable networks, including Lifetime, A&E, The History Channel and ESPN; as well as business publishing, Internet businesses, television production, newspaper features distribution and real estate.

About Transcontinental Inc.

The largest printer in Canada and seventh-largest in North America, Transcontinental also ranks as the country's leading publisher of consumer magazines and French-language educational resources, and its second-largest community newspaper publisher. Transcontinental distinguishes itself by creating strategic partnerships that integrate the company into its customers' value chain, notably through its unique newspaper printing outsourcing model and its value-added services. From mass to highly personalized marketing, the company offers its clients integrated solutions which include a continent-leading direct marketing offering, a diverse digital platform and a door-to-door advertising material distribution network. Transcontinental is a company whose values, including respect, innovation and integrity, are central to its operation.

Transcontinental (TSX: TCL.A) (TSX: TCL.B) has more than 14,000 employees in Canada, the United States and Mexico, and reported revenues of C$2.2 billion (US$1.9 billion) in 2005.

Contact Information

  • PRESS CONTACT:
    Brandon Hamm
    415-777-6174