It serves as the print division of Free State Media Group.
Cherry Lane also has a print division, which publishes instrumental books like Metallica and Riff by Riff.
In addition, he said, the company's print division was hampered by its online division, AOL, which features news generated by media outlets besides Time Inc.
Companies with both catalogs and Web sites typically say their print divisions have significantly lagged behind their Internet operations.
The company said the gain in the latest quarter and 6 months is from the sale of its print publishing division.
YOU is published in Cape Town by Media24, the print division of Naspers.
At that time, Action had $25 million in revenue between the news division and the commercial print division.
Mr. Ramirez served on the company's board and was president of its print division.
The Burlington Record also has a commercial print division.
If it did so, the natural move would be to the print division of News International, The Sun's publisher, which runs three state-of-the-art print facilities in Britain.