Reader's Digest

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Reader’s Digest Publisher Files for Bankruptcy

Grapples with $465M in debt

(Newser) - Bogged down by some $465 million in debt, Reader's Digest publisher RDA Holdings has filed for bankruptcy—again. Last night's Chapter 11 filing was the publisher's second in 3 ½ years, the Wall Street Journal reports. The company says this second bankruptcy will only make it stronger,... More »

Actors Save Soggy Yellow Handkerchief

William Hurt, Kristen Stewart make old story work

(Newser) - Critics misted up during The Yellow Handkerchief, the tale of an ex-con’s search for his estranged wife, taken from an Pete Hamill story. Here’s what they’re saying:
  • “Beautifully acted” and “gorgeously photographed,” The Yellow Hankerchief “tells a timeless fable, and tells it extremely
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Reader's Digest to File Chapter 11

(Newser) - The latest media company to groan under debt in the current recession, Reader's Digest Association, yesterday announced plans to file for Chapter 11 bankruptcy. The publisher insists that "business as usual" will continue for its publications and employees, with no mass layoffs in store as the company slashes its... More »

Reader's Digest Shifts to the Right

Struggling magazine aims for new niche market

(Newser) - Reader's Digest is no longer going after Middle America, reports the New York Times. Instead, the slimmed-down magazine will be "aiming a little more to the right," hoping to carve out a niche among conservatives, writes Stephanie Clifford. “It’s traditional, conservative values: I love my family,... More »

Atlantic Denies Going Tabloid

Spears cover story raises eyebrows among loyal readers

(Newser) - Loyal Atlantic subscribers are in for a shock: Britney Spears graces the April cover. Though the magazine has showcased Marilyn Monroe and Humphrey Bogart, the prime real estate granted to the pop-tart has some questioning the effect dropping advertising and newsstand sales are having on the venerable journal's direction—and... More »

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