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Article: ABC Audit Reveals Documentation Issues at Independent Circulation Agent; Gruner + Jahr USA Files Lawsuit Against Agent.
- Article from:
- PR Newswire
- Article date:
- January 12, 2005
CopyrightCOPYRIGHT 2005 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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NEW YORK, Jan. 12 /PRNewswire/ -- Gruner + Jahr USA announced today that an independent subscription-selling agent failed to provide sufficient documentation for subscription orders the agent submitted for a number of G+J titles in second half 2003 and early 2004. The Audit Bureau of Circulations (ABC) has therefore classified approximately 165,000 of the 2003 subscriptions as "non-paid."
"We have contacted our major advertisers, explained the situation and expressed our sincere regret. We have also assured our advertisers that they will be made whole for any shortfalls from the rate bases promised for G+J titles," said Russell Denson, president and CEO of G+J ...
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