Savvas Essentials: Foundational Reading Program Receives 2023 SmartBrief EdTech Readers’ Choice Award

Bonnier Corp. has signed a licensing agreement for its iconic brand Popular Science with Celestron Acquisition LLC, it was announced by Elise Contarsy, Senior Vice President of Bonnier Consumer Products. Founded in 1960, Celestron offers the largest selection of consumer optical products in the world and is the global leader in telescope manufacturing. An industry leader for more than 60 years, Celestron will produce an extensive line of Popular Science products that will include telescopes, microscopes, sport optics and accessories. The deal was brokered by Evolution USA LLC, the licensing and brand management agency that represents the Popular Science brand worldwide.

Gannett Co., Inc. announced that the Company’s Board of Directors authorized a share repurchase program for the repurchase of up to $100 million of the Company’s common stock.“The authorization to buy back up to $100 million of common stock provides the Company with another mechanism to maximize long-term value for our shareholders,” said Michael Reed, Gannett Chairman and Chief Executive Officer. “We remain confident in our strategy and believe that our current stock price represents a significant discount to the intrinsic value of the company and its operating units. Over the last year we have significantly improved our capital structure and the stock repurchase program announced today provides us with additional flexibility to create long-term value for investors. We remain committed to a disciplined capital allocation strategy, including investments in our strategic priorities, continued debt paydown, and return of capital to our shareholders.

Please join the ACMA Board on Thursday, November 2nd, for a crucial catalog-focused lobbying day, as we'll spend a full day on Capitol Hill meeting with key members of Congress in all of our districts. • Date: Thursday, November 2, 2017, 9:00 - 5:30 pm E.T. • Cost: No fee - you just cover your own airfare, food and lodging costs • Purpose: To advance catalogers' primary goals in postal & remote sales tax • Attendance: Led by ACMA staff, our Board and our government relations firm, this event is open to all ACMA members and non-members. • RSVP: If you think you might be interested in joining us, please send us a quick email indicating so. You won't be "contractually bound" to it, but it will help us get a better idea as to how many industry members we should prepare for. Why We're Doing This - So far in 2017, Congress has made true progress in moving legislation that would reform the Postal Service and fix the growing problem of states taxing beyond their borders. Postal: The Postal Service Reform Act of 2017 (H.R. 756) received strong bipartisan support in the House Oversight and Government Reform Committee earlier this year. Now, the legislation needs approval of the House Ways and Means Committee, then the full House. Members of Congress need to hear from ACMA members so they know to support the legislation when it comes up for a vote. Click Read More below for additional detail.