Readers Digest

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.

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.