Penny Publications Extends Sales and Marketing Partnership with CMG

January 25th, 2010

Penny Publications, the leading publisher of puzzle magazines in North America, has signed a new agreement with Comag Marketing Group LLC (CMG) for the continued sale, marketing and distribution of all of its titles – under both the Penny Press and Dell Magazine brands – in the United States, Canada and abroad.  The agreement was announced jointly by Peter Kanter, President of Penny Publications, and Michael L. Sullivan, President and Chief Executive Officer of CMG.In making the announcement, Kanter said, “We are delighted to have renewed our distribution agreement with Comag.  We value Comag’s far-sighted vision for the business and its resources and commitment to getting the right things done.  They show integrity in all that they do, and they add value at every step of the newsstand sales chain.  We are pleased and proud to be growing our business with them.”

Sullivan of CMG said, “We are very pleased that our longstanding business relationship with Penny Publications has been extended well into the future.  It is nice to work with such a knowledgeable group of people who understand their product line so well and know how to best market their titles through sound category management principles.  We are glad that CMG and Penny Publications will have the opportunity to work together for years to come.”

About Penny Publications:

Penny Publications is the family-owned parent company of Penny Press and Dell Magazines, which, together, publish more than 80 puzzle magazines and books, featuring crosswords, sudoku,  word seek, variety, fill-in and logic-type puzzles.  Titles include Penny’s Finest Word Seek’s, Original Sudoku, Family Favorites, Dell’s Best Easy Crosswords, Family Variety Puzzles & Games, Original Logic Problems, Dell Crossword Puzzles, Official Crossword Puzzles and Pocket Crossword Puzzles, the last three of which have been published continuously for more than 60 years.  The company is named after Penny Kanter, who acquired a struggling crossword-magazine business with her husband, Bill, in 1973, and reinvigorated its editorial, product design and business practices.  In 1996, after dramatic growth and expansion of the Penny Press line, the company acquired Dell Magazines, whose founder, George T. Delacorte, Jr., introduced puzzle magazines to the marketplace in 1921.  Today, Penny Press and Dell Magazines continue to delight puzzle enthusiasts as leaders in the puzzle magazine category.

About CMG:

Comag Marketing Group LLC, a joint venture of Condé Nast Publications, Inc., and The Hearst Corporation, is a widely diversified international, sales and marketing organization for America’s leading magazines. CMG provides respected publishers with comprehensive sales, marketing and promotional services through a network of domestic and overseas sales venues including mass market, direct-to-retail and specialty market channels.

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