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Reader’s Digest

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Reader's Digest publisher expects to emerge from bankruptcy by end-July

Jun 29, 2013

Reader's Digest publisher expects to emerge from bankruptcy by end-July

- The publisher of the Reader's Digest magazine said it expects to emerge from bankruptcy by the end of July after the bankruptcy court for the Southern District of New York approved its reorganization plan. The Reader's Digest Association Inc and its affiliates filed for Chapter 11 bankruptcy protection for the second time in less than four years in February, citing a greater-than-expected decline in the media industry. "The court's confirmation of our restructuring plan is an important step for our company and sets the stage for our future as a much more focused company," Chief Executive Robert Guth said in a statement. #Bankruptcy #publishing #Reader's Digest
Reader's Digest is bankrupt, but will still be available

Feb 19, 2013

Reader's Digest is bankrupt, but will still be available

All Reader's Digest fans in India can breathe easy. You can carry on improving your word power, you can laugh at humour in uniform and read synopsis of great works. #GoodNews #Reader's Digest
Reader's Digest and me Family ties that bind

Feb 19, 2013

Reader's Digest and me Family ties that bind

Reader's Digest may be filing for bankruptcy, but for many of us it will remain preserved forever in the amber of childhood memory of a socialist era past. #ThisIndianLife #Reader's Digest
Reader's Digest parent company files for bankruptcy again

Feb 19, 2013

Reader's Digest parent company files for bankruptcy again

The owner of magazine Reader's Digest, once the staple of doctors' offices and coffee tables, has filed for bankruptcy for the second time in less than four years, citing a greater-than-expected decline of the media industry. #NewsTracker #Reader's Digest #RDA Holding Co