R. R. Donnelley & Sons Company (Nasdaq:RRD) announced today that it has been awarded a $250 million multi-year agreement by Dex Media for directory production that renews and significantly expands the companies' relationship through 2020. Under the terms of the agreement, RR Donnelley will produce approximately 1,700 directory titles each year, totaling more than 87 million copies annually. In addition, approximately 200 titles, totaling more than 190,000 copies, will be produced on their digital platform.
Dex Media provides local, social and mobile marketing solutions to businesses in communities across the U.S. under the Dex One and SuperMedia brands. The company's widely used consumer services include the DexKnows.com and Superpages.com online and mobile search portals and applications, and local print directories.
"Dex Media is unique in the publishing industry, combining leading imprints, with digital solutions designed to connect consumers with the local businesses they are looking for," stated Frank Gatto, Executive Vice President of Operations for Dex Media. "We believe RR Donnelley complements these qualities with its own forward-looking technologies and will further enhance our readers' experiences."
RR Donnelley has printed directories for Dex Media and its predecessor companies for approximately 25 years.
"Our specialized solutions and flexible production platform are designed to help publishers differentiate themselves and their advertisers, grow revenue and manage costs in a highly competitive environment," said Dan Knotts, RR Donnelley's Chief Operating Officer.
"All of us at RR Donnelley are very pleased to be extending and expanding this long-term relationship."