Mediabuyerplanner (Free subscription) | 27/08/2008
The popular evangelical pastor Rick Warren - author of The Purpose-Driven Life - is said to be in talks with Reader's Digest Association about a magazine, possibly called Purpose. Of the magazine,...
Advertising Age - MediaWorks (Free subscription) | 08/08/2008
NEW YORK (AdAge.com) -- QSP, the company that takes orders for magazine subscriptions as a way for schools and community groups to raise funds, is changing hands. Time Inc. will acquire the subsidiary from Reader's Digest Association for $110 million in cash.
Paidcontent (Free subscription) | 07/08/2008
Huh. No, really...get school-aged kids to flog magazines door to door to bolster revenues. Time Inc. has bought out QSP , a school and youth groups fundraising company that was part of Reader's Digest Association, for $110 million in cash. RD is owned by PE firm Ripplewood Holdings. For Time Inc, the fit is, well, I'll let them describe it: "It sees fundraising as a growing area for subscriptions...
PR News Wire (Free subscription) | 07/08/2008
NEW YORK and PLEASANTVILLE, N.Y., Aug. 7 /PRNewswire/ -- Time Inc. and The Reader's Digest Association, Inc., today announced that they have entered into a definitive agreement for Time Inc. to acquire QSP, Inc., RDA's school and youth groups fundraising company. The purchase price will be $110 million cash. The companies expect to close the transaction shortly after receipt of regulatory approvals...
PR News Wire (Free subscription) | 28/07/2008
PLEASANTVILLE, N.Y., July 28 /PRNewswire/ -- The Reader's Digest Association, Inc. (RDA) today announced that it has extended its offer to exchange any and all of its $600,000,000 outstanding principal amount of 9% Senior Subordinated Notes due 2017 for an equal amount of new 9% Senior Subordinated Notes due 2017 that have been registered under the Securities Act of 1933, as amended, to 5:00 p.m.,...
The Business Journal of Milwaukee (Free subscription) | 28/07/2008
The Reader's Digest Association Inc., said Monday that it has sold the stock of Taste of Home Entertaining Inc. of Brookfield to a group of private investors led by Eric Schrier, former president and CEO of Reader's Digest. (RDA)
Market Wire - Media and Entertainment (Free subscription) | 10/07/2008
MONTREAL, CANADA (MARKET WIRE) Quebecor World Inc. (TSX: IQW) today announced it has reached a new multi-year agreement valued at approximately $55 million with Reader's Digest Association to print magazines and books for the New York-based publisher. The agreement includes renewal work on titles such as Family Handyman, Reader's Digest Large Print, Weekly Reader, QVC books and Select Editions books....
PR News Wire (Free subscription) | 30/06/2008
PLEASANTVILLE, N.Y., June 30 /PRNewswire/ -- The Reader's Digest Association, Inc. (RDA) today announced an offer to exchange any and all of its $600,000,000 outstanding principal amount of 9% Senior Subordinated Notes due 2017 for an equal amount of new 9% Senior Subordinated Notes due 2017. The terms of the new notes are substantially the same as the original notes, except that the new notes will...
The Business First of Buffalo (Free subscription) | 03/06/2008
ShoptoCook Inc. has entered into a media content agreement with The Reader's Digest Association.
News On Women (Free subscription) | 02/06/2008
Reader's Digest Association Inc. appointed Kerry Hatch President of its School & Educational Services Division. Kerry had been President of QSP Inc, the Company's schools and youth fundraising division. Read more about it in the prnewswire press release on yahoo.com.
PR News Wire (Free subscription) | 28/05/2008
PLEASANTVILLE, N.Y., May 28 /PRNewswire/ -- Kerry D. Hatch has been named President of the School & Educational Services (SES) division of The Reader's Digest Association, Inc., it was announced today by Mary Berner, President and Chief Executive Officer. Hatch will report to Berner and serve on the company's Executive Committee. (Photo: ) Hatch was promoted from President of QSP, Inc., the company's...
Advertising Age - MediaWorks (Free subscription) | 14/02/2008
NEW YORK (AdAge.com) -- The Reader's Digest Association is continuing its transformation under former Fairchild chief Mary Berner, killing off its Light & Tasty brand next month and shifting its paid circulation of 500,000 to a new magazine called Healthy Cooking.
PR News Wire (Free subscription) | 05/02/2008
Scale and efficiency drives publisher to choose Nstein's Digital Asset Management and Text Mining Engine MONTREAL, Feb. 5 /PRNewswire-FirstCall/ - Nstein Technologies Inc. (TSX-V: EIN), a leader in online publishing solutions for newspapers, magazines and online content providers, announced today that The Reader's Digest Association, Inc. (RDA), the global publisher and direct marketer of top-selling...
PR News Wire (Free subscription) | 04/02/2008
PLEASANTVILLE, N.Y., Feb. 4 /PRNewswire/ -- Mary Berner, President and Chief Executive Officer for The Reader's Digest Association, Inc. (RDA), announced today that Todd C. McCarty has been named Senior Vice President, Global Human Resources for the company effective March 1. McCarty succeeds Lisa Cribari and will report to Berner and serve as a member of the company's Executive Committee. (Photo:...
PR News Wire (Free subscription) | 08/01/2008
SHANGHAI, China, Jan. 8 /PRNewswire/ -- The Reader's Digest Association, Inc. (RDA), global publisher and marketer of books, magazines, music and video, and The Shanghai Press and Publishing Development Company (SPPD), today announced the launch of a new publication -- Puzhi magazine in China. Puzhi will be published by Puzhi Magazine Incorporated, a wholly owned enterprise of SPPD under a Trademark...
