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Business Briefing | Legal: Reader’s Digest Turnaround Plan Advances

The Reader’s Digest Association won bankruptcy court approval for an outline of its turnaround plan after creditors withdrew their objections.

3Vote!

READER'S DIGEST Bankruptcy News, Issue No. 9

( EMAILWIRE.COM , November 25, 2009 ) FAIRLESS HILLS, Pa. -- Bankruptcy Creditors' Service, Inc., published Issue No. 9 of READER'S DIGEST BANKRUPTCY NEWS today. The 31-page newsletter contains stories with these headlines: 00126 READER'S DIGEST FILES 2ND AMENDED PLAN & DISC. STATEMENT 00127 DISCLOSURE STATEMENT OBJECTION -- Creditors' Committee 00128 DISCLOSURE STATEMENT OBJECTION -- Pension Trustees...

+Vote!

Court OKs RDA's plan

Reader's Digest Association, the magazine publisher in bankruptcy protection, won approval of a revised outline of its turnaround plan subject to changes after bondholders withdrew objections. US Bankruptcy Judge Robert Drain said he would approve ...

3Vote!

Reader's Digest Moves To NYC As Part of Restructuring Plan

After filing for Chapter 11 this August, Reader's Digest Association has been working on a restructuring plan to get itself out of debt. Some of this has been the unfortunate (but par for course) shuttering of titles, like Rick Warren 's ill-fated The Purpose Driven Connection magazine. Yesterday, editor-in-chief Peggy Northrop mentioned at the ASME luncheon that the Reader's Digest brand would never...

3Vote!

Reader's Digest to condense offices

Reader's Digest Association, which is working its way through Chapter 11 bankruptcy, is abandoning its bucolic longtime headquarters in Chappaqua, NY. Some of the 600 employees based in Chappaqua will relocate to White Plains, NY. But executive offi...

3Vote!

CEO: Reader's Digest leaving longtime suburban HQ

The company that publishes Reader's Digest is planning to vacate its longtime suburban headquarters, the CEO said Wednesday. In a memo to the 650 employees at its federal-style building in Chappaqua, Reader's Digest Association CEO Mary Berner said their jobs... Reader's Digest - United States - Chappaqua New York - Business - Financial Services

3Vote!

CEO: Reader's Digest leaving longtime suburban HQ

The publisher of Reader's Digest is planning to vacate its longtime suburban headquarters. In a memo to staffers, Reader's Digest Association CEO Mary Berner says the 650 employees now in its 70-year-old federal-style building in Chappaqua will be moving.

3Vote!

Reader's Digest moving to NYC

Mary Berner, CEO of Reader's Digest Association, is shacking up with Rachel Ray. RDA, now working through Chapter 11 bankruptcy, is abandoning its bucolic longtime headquarters in Chapaqua, N.Y. Some of the 600 employees based in Chappaqua will be r...

3Vote!

Reader's Digest Milwaukee exec to lead U.S. marketing

The Reader’s Digest Association Inc. announced changes in its marketing organization, including appointing Lisa Karpinski of the company’s Greendale office as chief marketing officer for the United States.

3Vote!

RDA Announces New Global Marketing Organization

PLEASANTVILLE, N.Y., Nov. 6 /PRNewswire/ -- The Reader's Digest Association, Inc. today announced a new Global Marketing organization as part of RDA's initiative to accelerate its business transformation as it prepares to emerge from pre-arranged Chapter 11 bankruptcy protection early in 20...

3Vote!

RDA Announces New Global Marketing Organization

PLEASANTVILLE, N.Y., Nov. 6 /PRNewswire/ -- The Reader's Digest Association, Inc. today announced a new Global Marketing organization as part of RDA's initiative to accelerate its business transformation as it prepares to emerge from pre-arranged Chapter 11 bankruptcy protection early in 2010. The announcement was made by Amy J. Radin, Senior Vice President and Global Chief Marketing Officer.

3Vote!

Purpose Driven Connection Nixed by Reader’s Digest

Reader’s Digest Association’s experiment to create a hybrid magazine and paid membership organization - the Purpose Driven Connection - has been axed. The experiment was based on the Rev. Rick...

3Vote!

Rick Warren, Reader’s Digest Part Ways on Magazine Project

The Purpose Driven Connection magazine will no longer be published by The Reader’s Digest Association as of 2010, announced Rick Warren’s media representative Wednesday.

3Vote!

Purpose-less

The Reader's Digest Association is ending its high-profile joint venture with TV evangelist Rick Warren after less than a year. The quarterly magazine, Purpose Driven Connection, will stop publication after the Christmas issue due out in mid-Novem...

3Vote!

WSJ's San Fran Edition Launches Tomorrow|Rick Warren Pub Folds|Sun's Seeley To Run WSJ's NYC Section|Papers Rescind AP Cancellations|Newspapers Need Ad Sales Now

BayNewser: The Wall Street Journal is launching its local San Francisco edition tomorrow. WSJ told BayNewser that editing and reporting on the edition will be done by current Journal staff -- compared to The New York Times ' Bay Area pub, which is looking for partners to produce content. MediaWeek: Reader's Digest Association folds quarterly Christian-themed magazine and Rick Warren vehicle Purpose...