News UK & Ireland Ltd has announced a new five-year contract with Smiths News.
The publisher of The Sun and The Times has signed a deal with Smiths News to distribute in their UK territories, which represent 19% of current newspaper and magazine revenues.
This is the fifth major publisher contract renewal secured by Smiths News recently. Its deals with Associated Newspapers, Telegraph Media Group, Frontline, Seymour Distribution and News UK are all confirmed until 2029. These companies account for 65% of Smiths’ current newspaper and magazine partners.
Smiths’ chief executive, Jon Bunting, said: “I am very pleased that we have secured this new contract with News UK and look forward to working with them on future supply chain opportunities. We have now secured almost two-thirds of our revenues through to 2029.”
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