rda

Add Reader's Digest Association to the list of media companies that are going to need a detour through bankruptcy to make it through the recession. The Pleasantville, N.Y.-based publisher is embarking on a Chapter 11 restructuring process that will allow it to convert some $1.6 billion in debt...

Remember a little earlier today when we linked to a New York Times story about how Reader's Digest Association was moving in a "decided conservative direction" to court red-state religious types? Not so much, it turns out. RDA executive Eva Dillon just sent out the following memo denying the...