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	<title>paidContent &#187; readers digest</title>
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		<title>paidContent &#187; readers digest</title>
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		<title>Digital magazine sales still tiny overall, but titles like Reader&#8217;s Digest see huge growth</title>
		<link>http://paidcontent.org/2013/02/07/digital-magazine-sales-are-still-tiny-overall-but-titles-like-cosmo-see-big-growth/</link>
		<comments>http://paidcontent.org/2013/02/07/digital-magazine-sales-are-still-tiny-overall-but-titles-like-cosmo-see-big-growth/#comments</comments>
		<pubDate>Thu, 07 Feb 2013 14:53:53 +0000</pubDate>
		<dc:creator>Laura Hazard Owen</dc:creator>
				<category><![CDATA[cosmopolitan]]></category>
		<category><![CDATA[digital magazines]]></category>
		<category><![CDATA[digital replicas]]></category>
		<category><![CDATA[ESPN the Magazine]]></category>
		<category><![CDATA[esquire]]></category>
		<category><![CDATA[game informer]]></category>
		<category><![CDATA[Jaclynn B. Jarrett]]></category>
		<category><![CDATA[Martha Stewart Living]]></category>
		<category><![CDATA[maxim]]></category>
		<category><![CDATA[men's health]]></category>
		<category><![CDATA[national geographic]]></category>
		<category><![CDATA[new yorker]]></category>
		<category><![CDATA[O]]></category>
		<category><![CDATA[Poder Hispanic]]></category>
		<category><![CDATA[Popular Science]]></category>
		<category><![CDATA[readers digest]]></category>
		<category><![CDATA[Taste of Home]]></category>
		<category><![CDATA[the Oprah Magazine]]></category>
		<category><![CDATA[us weekly]]></category>
		<category><![CDATA[vanity fair]]></category>

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		<description><![CDATA[Nearly 65 percent of U.S. magazines now have a digital replica edition, but those editions make up just under three percent of overall circulation. For some individual titles, though, digital growth was a lot more impressive.<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=paidcontent.org&#038;blog=33319749&#038;post=224257&#038;subd=gigaompaidcontent&#038;ref=&#038;feed=1" width="1" height="1" />]]></description>
				<content:encoded><![CDATA[<p>Nearly 65 percent of U.S. magazines now have a digital replica edition, but those editions make up just under three percent of overall circulation: That&#8217;s the latest news from the Alliance for Audited Media (formerly the Audit Bureau of Circulations), which on Thursday <a href="http://www.auditedmedia.com/news/blog/top-25-us-consumer-magazines-by-total-paid-and-verified-circulation.aspx">released its report</a> on U.S. magazine circulation in the second half of 2012. For some individual titles, digital growth was a lot more impressive &#8212; though in some cases that&#8217;s because they&#8217;re giving away the digital edition free.</p>
<p>289 U.S. magazines reported that they&#8217;d sold 7.9 million digital replica editions in the last six months of 2012. That&#8217;s 2.4 percent of total circulation &#8212; up from less than 1 percent in the second half of 2011, and up from 1.7 percent in the first six months of this year. (AAM&#8217;s <a href="http://www.auditedmedia.com/resources/guides-and-evaluation-forms/consumer-magazines/qualification-and-reporting-of-digital-circulation.aspx">definition of a digital replica</a> is that it contains &#8220;the same editorial and photojournalism as the national print edition,&#8221; though that material can be arranged differently on a tablet; nearly all digital magazines fall into this category.)</p>
<p>The growth looks more impressive on an individual title level, where some magazines made huge gains in digital copies: <em>Game Informer</em>, already by far the top magazine by digital circulation, increased that figure by 89 percent, while <em>Cosmopolitan</em> upped its digital circulation by nearly 40 percent in the second half of the year. Two Reader&#8217;s Digest titles &#8211; <em>Reader&#8217;s Digest</em> and <em>Taste of Home</em> &#8212; saw triple-digit-percentage growth of their digital editions, both entering the top 10 for the first time. The growth isn&#8217;t all paid: <em>Reader&#8217;s Digest</em>, for example, is offering print subscribers a free six-month iPad subscription. But Hearst sells digital and print subscriptions separately.</p>
<p>Here are the top 25 U.S. consumer magazines by digital circulation as of December 31, 2012, and how much that circulation grew (or shrank) over the first six months of the year. The Alliance for Audited Media cautions that these are preliminary figures, subject to audit.</p>
<ol>
<li><span style="line-height:13px;"><em>Game Informer</em> (GameStop), digital circulation: 2,305,816 (+89% over first half of 2012)<br />
</span></li>
<li><em>Maxim</em> (Alpha Media Group): 259,529 (-8.9%)</li>
<li><em>Cosmopolitan</em> (Hearst): 254,751 (+37.2%)</li>
<li><em>National Geographic</em> (National Geographic): 160,077 (+18.9%)</li>
<li><em>Poder Hispanic</em> (Televisa): 149,838 (-12.3%)</li>
<li><em>Reader&#8217;s Digest</em> (Reader&#8217;s Digest): 147,149 (+248.8%)</li>
<li><em>Taste of Home</em> (Reader&#8217;s Digest): 103,961 (+243.9%)</li>
<li><em>Popular Science</em> (Bonnier): 98,389 (+5.8%)</li>
<li><em>ESPN the Magazine</em> (ESPN): 92,197 (+20.4%)</li>
<li><em>OK!</em> (American Media): 88,347 (+86.7%)</li>
<li><em>Parenting</em> (Bonnier): 87,253 (+16.7%)</li>
<li><em>Men&#8217;s Health</em> (Rodale): 85,842 (+44.2%)</li>
<li><em>O, the Oprah Magazine</em> (Hearst): 84,632 (+4.2%)</li>
<li><em>Wired</em> (Condé Nast): 84,118 (+22.3%)</li>
<li><em>Us Weekly</em> (Wenner Media): 81,611 (+40.8%)</li>
<li><em>Nylon</em> (Jaclynn B. Jarrett): 77,469 (+2.5%)</li>
<li><em>GQ</em> (Condé Nast): 74,806  (+24.6%)</li>
<li><em>Food Network Magazine</em> (Hearst): 67,727 (+65.1%)</li>
<li><em>Women&#8217;s Health</em> (Rodale): 66,555 (+29.5%)</li>
<li><em>Star</em> (American Media): 59,903 (+297%)</li>
<li><i>New Yorker</i> (Condé Nast): 59,471 (+66.7%)</li>
<li><em>Esquire</em> (<del>Condé Nast</del> Hearst): 57,795 (+41.7%)</li>
<li><em>Martha Stewart Living</em> (<del>Time Inc.</del> Martha Stewart Living Omnimedia): 56,068 (+28.7%)</li>
<li><em>Glamour</em> (Condé Nast): 53,794 (+56.8%)</li>
<li><em>Vanity Fair</em> (Condé Nast): 53,735 (+47.6%)</li>
</ol>
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			<media:title type="html">Tablet magazines montage</media:title>
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			<media:title type="html">laurahowen38</media:title>
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		<title>Reader&#8217;s Digest Subscriptions Come To The iPad</title>
		<link>http://paidcontent.org/2011/08/18/419-readers-digest-subscriptions-come-to-the-ipad/</link>
		<comments>http://paidcontent.org/2011/08/18/419-readers-digest-subscriptions-come-to-the-ipad/#comments</comments>
		<pubDate>Thu, 18 Aug 2011 22:45:44 +0000</pubDate>
		<dc:creator>Laura Hazard Owen</dc:creator>
				<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[apple]]></category>
		<category><![CDATA[apps]]></category>
		<category><![CDATA[companies]]></category>
		<category><![CDATA[dan lagani]]></category>
		<category><![CDATA[ipad]]></category>
		<category><![CDATA[itunes]]></category>
		<category><![CDATA[magazines]]></category>
		<category><![CDATA[media & publishing]]></category>
		<category><![CDATA[paidcontent]]></category>
		<category><![CDATA[readers digest]]></category>

		<guid isPermaLink="false">http://paidcontent.wp.gostage.it/2011/08/18/419-readers-digest-subscriptions-come-to-the-ipad/</guid>
		<description><![CDATA[As part of its ongoing efforts to adapt its 89-year-old flagship to the digital age, Reader's Digest subscriptions are now available through&#8230;<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=paidcontent.org&#038;blog=33319749&#038;post=159955&#038;subd=gigaompaidcontent&#038;ref=&#038;feed=1" width="1" height="1" />]]></description>
				<content:encoded><![CDATA[<p>As part of its ongoing efforts to adapt its 89-year-old flagship to the digital age, Reader&#8217;s Digest subscriptions are now available through the magazine&#8217;s iPad app, for $1.99 per month or $14.99 per year.</p>
<p>Print subscribers can read the iPad edition of the magazine for free for six months. Reader&#8217;s Digest will also continue to sell individual issues of the magazine for $1.99 in the app store.</p>
<p>The ability to purchase in-app subscriptions was requested by readers, RD North America President Dan Lagani said. He said the company anticipates &#8220;more Reader&#8217;s Digest brands becoming available via iPad subscription&#8211;both in the U.S. and around the world.&#8221;</p>
<p>Reader&#8217;s Digest <a href="http://paidcontent.org/article/419-readers-digest-revamps-digital-strategy-with-former-bloomberg-hire/" title="hired">hired</a> ex-Bloomberg exec Matthew Goldenberg to oversee RD.com strategy in May and also <a href="http://paidcontent.org/article/419-berner-out-as-readers-digest-ceo-replaced-by-ex-att-exec-williams/" title="replaced its CEO">replaced its CEO</a> this year. <em>Reader&#8217;s Digest</em> is currently the top-selling magazine in the Kindle Store.</p>
<br />  <img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=paidcontent.org&#038;blog=33319749&#038;post=159955&#038;subd=gigaompaidcontent&#038;ref=&#038;feed=1" width="1" height="1" /><p><a href="http://pubads.g.doubleclick.net/gampad/jump?iu=/1008864/PaidContent_RSS_300x250&#038;sz=300x250&#038;c=411355"><img src="http://pubads.g.doubleclick.net/gampad/ad?iu=/1008864/PaidContent_RSS_300x250&#038;sz=300x250&#038;c=411355" /></a></p>]]></content:encoded>
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			<media:title type="html">Reader&#039;s Digest</media:title>
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			<media:title type="html">laurahowen38</media:title>
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		<title>Reader&#8217;s Digest Revamps Digital Strategy With Former Bloomberg Hire</title>
		<link>http://paidcontent.org/2011/05/12/419-readers-digest-revamps-digital-strategy-with-former-bloomberg-hire/</link>
		<comments>http://paidcontent.org/2011/05/12/419-readers-digest-revamps-digital-strategy-with-former-bloomberg-hire/#comments</comments>
		<pubDate>Thu, 12 May 2011 03:17:21 +0000</pubDate>
		<dc:creator>Laura Hazard Owen</dc:creator>
				<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[industry moves]]></category>
		<category><![CDATA[magazines]]></category>
		<category><![CDATA[matthew goldenberg]]></category>
		<category><![CDATA[media & publishing]]></category>
		<category><![CDATA[online-news]]></category>
		<category><![CDATA[paidcontent]]></category>
		<category><![CDATA[readers digest]]></category>

		<guid isPermaLink="false">http://paidcontent.wp.gostage.it/2011/05/12/419-readers-digest-revamps-digital-strategy-with-former-bloomberg-hire/</guid>
		<description><![CDATA[On top of emerging from bankruptcy, Reader's Digest Association has been trying to remake its 89-year-old flagship so that it is more releva&#8230;<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=paidcontent.org&#038;blog=33319749&#038;post=158286&#038;subd=gigaompaidcontent&#038;ref=&#038;feed=1" width="1" height="1" />]]></description>
				<content:encoded><![CDATA[<p>On top of emerging from bankruptcy, Reader&#8217;s Digest Association has been trying to remake its 89-year-old flagship so that it is more relevant for the digital age. Now, the company has hired ex-Bloomberg exec Matthew Goldenberg to begin charting that new strategy for <a href="http://www.RD.com" title="RD.com">RD.com</a>.</p>
<p>Goldenberg was previously Bloomberg&#8217;s managing editor and operations director, and, before that, was VP, Multimedia for the <em>New York Sun</em>.</p>
<p>As general manager of RD.com, he will oversee day-to-day operations, guide the brand&#8217;s digital strategy, and come up with new products such as apps and e-newsletters. Nobody has filled a similar strategic position since 2008, when Jodi Kahn <a href="http://paidcontent.org/article/419-industry-moves-kahn-joins-nbcu-as-ivillage-evp-miskin-promoted-to-gm/" title="left">left</a>  president of Global Digital Media to go to iVillage in late 2008. She was succeeded by Lara Bashkoff, who <a href="http://paidcontent.org/article/419-industry-moves-readers-digest-interactive-head-plans-exit-following-reo/" title="exited">exited</a> the publisher in late 2009.</p>
<p>The last major personnel change at the Readers Digest Association took place just last month, when <a href="http://paidcontent.org/article/419-berner-out-as-readers-digest-ceo-replaced-by-ex-att-exec-williams/" title="Tom Williams replaced Mary Berner">Tom Williams replaced Mary Berner</a> as CEO. </p>
<p>Since <a href="http://paidcontent.org/article/419-readers-digest-emerges-from-chapter-11-cuts-debt-by-75-percent/" title="emerging from bankruptcy">emerging from bankruptcy</a> in February 2010, RDA has been busy revamping its digital strategy, and has met with some success: <em>Reader&#8217;s Digest</em> is currently the bestselling magazine in Amazon&#8217;s Kindle Store, and the company has already released three apps this year. </p>
<p>RDA was a content aggregator long before HuffPo, clipping features from other magazines and newspapers for its print edition, though it has scrambled to translate that strategy to the web. It <a href="http://paidcontent.org/article/419-readers-digest-partners-with-health-content-aggregator-organizedwisdom/" title="partnered with">partnered with</a> health content aggregator OrganizedWisdom in 2011, and <a href="http://paidcontent.org/article/419-readers-digest-buys-vertical-ad-network-haven-home-media/" title="bought">bought</a> home-and-DIY-focused vertical ad network Haven Home Media last month.</p>
<p>RDA faces the challenge of appealing to a wide range of ages. It is trying to reach a younger crowd with digital initiatives like those that Goldenberg will oversee, but it must continue to appeal to its base. Yesterday, it <a href="http://www.rda.com/news/humana-and-reader%E2%80%99s-digest-association-to-promote-co-branded-medicare-products-in-effort-to-support-healthier-living" title="announced">announced</a> a partnership with Humana to promote co-branded Medicare products.</p>
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			<media:title type="html">Matthew Goldenberg</media:title>
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		<title>Berner Out As Reader&#8217;s Digest CEO, Replaced By CFO Williams</title>
		<link>http://paidcontent.org/2011/04/25/419-berner-out-as-readers-digest-ceo-replaced-by-ex-att-exec-williams/</link>
		<comments>http://paidcontent.org/2011/04/25/419-berner-out-as-readers-digest-ceo-replaced-by-ex-att-exec-williams/#comments</comments>
		<pubDate>Mon, 25 Apr 2011 20:12:24 +0000</pubDate>
		<dc:creator>David Kaplan</dc:creator>
				<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[industry moves]]></category>
		<category><![CDATA[magazines]]></category>
		<category><![CDATA[mary berner]]></category>
		<category><![CDATA[media & publishing]]></category>
		<category><![CDATA[paidcontent]]></category>
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		<category><![CDATA[tom williams]]></category>

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		<description><![CDATA[The new board at the Reader's Digest Association is already making some big changes at the top: CEO Mary Berner will be leaving RDA after fo&#8230;<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=paidcontent.org&#038;blog=33319749&#038;post=157975&#038;subd=gigaompaidcontent&#038;ref=&#038;feed=1" width="1" height="1" />]]></description>
				<content:encoded><![CDATA[<p>The new board at the Reader&#8217;s Digest Association is already making some big changes at the top: CEO Mary Berner will be leaving RDA after four years in the job and will be replaced by Tom Williams, who is being promoted from his current role as CFO. In addition, Randall Curran, CEO of ITC Deltacom, is the new chairman of the board.</p>
<p>Williams, who has been with RDA since 2009, will also be joining the board. In addition to serving as RDA&#8217;s CFO, he is also president of one of RDA&#8217;s media and entertainment business units. Before joining the publisher, Williams was EVP and CFO for Affinion Group. He previously spent more than 21 years with AT&#038;T (NYSE: T) Inc. where he held a series of senior executive positions including CFO of AT&#038;T Networks.</p>
<p>Berner helped steer RDA through its most difficult period in its 89-year history. The publisher, which <a href="http://paidcontent.org/article/419-readers-digest-files-for-ch-11-bankruptcy-for-u.s.-arm/" title="filed">filed</a> for Chapter 11 protection in August 2009. It <a href="http://paidcontent.org/article/419-readers-digest-emerges-from-chapter-11-cuts-debt-by-75-percent/" title="emerged from bankruptcy">emerged from bankruptcy</a> the following February.</p>
<p>Saying she needed to keep the company&#8217;s finances stable, Berner cut <a href="http://paidcontent.org/article/419-readers-digest-association-cutting-global-workforce-10-percent/" title="lay off">lay off</a> 10 percent-roughly 270 positions-of its worldwide staff last June. In another cost-cutting move, RDA, which has nine mags (with a million-plus circ) and 78 websites, moved out of its Pleasantville, NY headquarters to a smaller space in Manhattan.</p>
<p>For background on RDA and its emergence from bankruptcy, see our <a href="http://paidcontent.org/tag/readers-digest/" title="Reader's Digest archive">Reader&#8217;s Digest archive</a>. <a href="http://phx.corporate-ir.net/External.File?item=UGFyZW50SUQ9OTA0NjV8Q2hpbGRJRD0tMXxUeXBlPTM=&#038;t=1" title="Release">Release</a></p>
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		<title>Reader&#8217;s Digest Partners With Health Content Aggregator OrganizedWisdom</title>
		<link>http://paidcontent.org/2011/02/04/419-readers-digest-partners-with-health-content-aggregator-organizedwisdom/</link>
		<comments>http://paidcontent.org/2011/02/04/419-readers-digest-partners-with-health-content-aggregator-organizedwisdom/#comments</comments>
		<pubDate>Fri, 04 Feb 2011 21:33:02 +0000</pubDate>
		<dc:creator>David Kaplan</dc:creator>
				<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[advertising]]></category>
		<category><![CDATA[health content]]></category>
		<category><![CDATA[marketing]]></category>
		<category><![CDATA[media & publishing]]></category>
		<category><![CDATA[organized wisdom]]></category>
		<category><![CDATA[paidcontent]]></category>
		<category><![CDATA[readers digest]]></category>

		<guid isPermaLink="false">http://paidcontent.wp.gostage.it/2011/02/04/419-readers-digest-partners-with-health-content-aggregator-organizedwisdom/</guid>
		<description><![CDATA[Reader's Digest is expanding its health content and marketing offerings with an online/offline partnership with OrganizedWisdom, a company w&#8230;<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=paidcontent.org&#038;blog=33319749&#038;post=156594&#038;subd=gigaompaidcontent&#038;ref=&#038;feed=1" width="1" height="1" />]]></description>
				<content:encoded><![CDATA[<p><em>Reader&#8217;s Digest</em> is expanding its health content and marketing offerings with an online/offline partnership with <a href="http://organizedwisdom.com/Home" title="OrganizedWisdom">OrganizedWisdom</a>, a company which aggregates news and info from &#8220;wellness experts.&#8221; The deal, which also includes sharing ad sales duties, comes nearly a year after the Reader&#8217;s Digest Association began rebuilding following its <a href="http://paidcontent.org/article/419-readers-digest-emerges-from-chapter-11-cuts-debt-by-75-percent/" title="emergence">emergence</a> from bankruptcy.</p>
<p>Over the past two years, a number of media companies have looked to outside health content providers as a way to bring in lucrative pharmaceutical advertising. It&#8217;s also a good way to build and retain their audience, since the endless array of health information on the web makes everyone an amateur etiologist.</p>
<p>Recently, AOL (NYSE: AOL) began <a href="http://paidcontent.org/article/419-aol-announces-content-deals-across-sports-health-and-real-estate/" title="farming out">farming out</a> its wellness channel to Everyday Health, while a year ago, ABC (NYSE: DIS) News Yahoo (NSDQ: YHOO) <a href="http://paidcontent.org/article/419-healthline-to-manage-yahoo-health/" title="outsourced">outsourced</a> management for their respective health verticals to Healthline Networks. </p>
<p><em>Reader&#8217;s Digest</em> isn&#8217;t going that far. OrganizedWisdom, which has been around for about four years and is backed by include Esther Dyson, Jerry Levin, compiles links and posts by 5,000 doctors and &#8220;wellness experts.&#8221; The idea is to give people who are frustrated by conflicting information about maladies and medical conditions a quick repository for health advice, though that&#8217;s pretty the concept behind every major and minor health site.</p>
<p>OrganizedWisdom&#8217;s content will be featured on <a href="http://www.rd.com/" title="RD.com">RD.com</a>. The two will also produce pamphlets for doctor&#8217;s offices and special inserts for the print magazine. <a href="http://www.marketwire.com/press-release/Readers-Digest-Partners-With-OrganizedWisdom-to-Close-the-Online-Health-Gap-1390671.htm" title="Release">Release</a></p>
<br />  <img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=paidcontent.org&#038;blog=33319749&#038;post=156594&#038;subd=gigaompaidcontent&#038;ref=&#038;feed=1" width="1" height="1" /><p><a href="http://pubads.g.doubleclick.net/gampad/jump?iu=/1008864/PaidContent_RSS_300x250&#038;sz=300x250&#038;c=210190"><img src="http://pubads.g.doubleclick.net/gampad/ad?iu=/1008864/PaidContent_RSS_300x250&#038;sz=300x250&#038;c=210190" /></a></p>]]></content:encoded>
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		<slash:comments>0</slash:comments>
	
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		<media:content url="http://gigaompaidcontent.files.wordpress.com/2012/02/readers-digest4-o.jpg?w=108" medium="image">
			<media:title type="html">Reader&#039;s Digest</media:title>
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			<media:title type="html">gigaedit</media:title>
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		<title>Reader&#8217;s Digest Planning Short-Form Web Articles As Print Teasers</title>
		<link>http://paidcontent.org/2010/07/16/419-readers-digest-planning-short-form-web-articles-as-print-teasers/</link>
		<comments>http://paidcontent.org/2010/07/16/419-readers-digest-planning-short-form-web-articles-as-print-teasers/#comments</comments>
		<pubDate>Fri, 16 Jul 2010 18:43:03 +0000</pubDate>
		<dc:creator>Robert Andrews</dc:creator>
				<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[magazines]]></category>
		<category><![CDATA[media & publishing]]></category>
		<category><![CDATA[paidcontent:uk]]></category>
		<category><![CDATA[readers digest]]></category>

		<guid isPermaLink="false">http://paidcontent.wp.gostage.it/2010/07/16/419-readers-digest-planning-short-form-web-articles-as-print-teasers/</guid>
		<description><![CDATA[Here's something that's not going to happen any time soon - the Reader's Digest becoming "the UK<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=paidcontent.org&#038;blog=33319749&#038;post=153237&#038;subd=gigaompaidcontent&#038;ref=&#038;feed=1" width="1" height="1" />]]></description>
				<content:encoded><![CDATA[<p>Here&#8217;s something that&#8217;s not going to happen any time soon &#8211; the <em>Reader&#8217;s Digest</em> becoming &#8220;the UK</p>
<br />  <img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=paidcontent.org&#038;blog=33319749&#038;post=153237&#038;subd=gigaompaidcontent&#038;ref=&#038;feed=1" width="1" height="1" /><p><a href="http://pubads.g.doubleclick.net/gampad/jump?iu=/1008864/PaidContent_RSS_300x250&#038;sz=300x250&#038;c=876968"><img src="http://pubads.g.doubleclick.net/gampad/ad?iu=/1008864/PaidContent_RSS_300x250&#038;sz=300x250&#038;c=876968" /></a></p>]]></content:encoded>
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		<slash:comments>2</slash:comments>
	
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			<media:title type="html">robertandrews</media:title>
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		<title>Reader&#8217;s Digest Association Cutting Global Workforce 10 Percent</title>
		<link>http://paidcontent.org/2010/06/09/419-readers-digest-association-cutting-global-workforce-10-percent/</link>
		<comments>http://paidcontent.org/2010/06/09/419-readers-digest-association-cutting-global-workforce-10-percent/#comments</comments>
		<pubDate>Wed, 09 Jun 2010 02:53:03 +0000</pubDate>
		<dc:creator>David Kaplan</dc:creator>
				<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[advertising]]></category>
		<category><![CDATA[jobs & layoffs]]></category>
		<category><![CDATA[magazines]]></category>
		<category><![CDATA[media & publishing]]></category>
		<category><![CDATA[paidcontent]]></category>
		<category><![CDATA[readers digest]]></category>

		<guid isPermaLink="false">http://paidcontent.wp.gostage.it/2010/06/09/419-readers-digest-association-cutting-global-workforce-10-percent/</guid>
		<description><![CDATA[It's been several months since the Reader's Digest Association emerged from bankruptcy, the publisher is laying off 10 percent -- roughly 27&#8230;<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=paidcontent.org&#038;blog=33319749&#038;post=152617&#038;subd=gigaompaidcontent&#038;ref=&#038;feed=1" width="1" height="1" />]]></description>
				<content:encoded><![CDATA[<p>It&#8217;s been several months since the Reader&#8217;s Digest Association <a href="http://paidcontent.org/article/419-readers-digest-emerges-from-chapter-11-cuts-debt-by-75-percent/" title="emerged from bankruptcy">emerged from bankruptcy</a>, the publisher is laying off 10 percent &#8212; roughly 270 positions &#8212; of its worldwide staff. In a memo obtained by <a href="http://www.mediaweek.com/mw/content_display/news/magazines-newspapers/e3i8ab839c51080663ff739b1696aec8478" title="Mediaweek">Mediaweek</a>, President/CEO Mary Berner said the job cuts are necessary to keep the company&#8217;s finances stable.</p>
<p>The tentative economic recovery has helped boost ad spending for magazines versus last year. The RDA has said its revenue declines had been slowing lately. Still, there&#8217;s not much to celebrate, as ad revs have fallen 10 percent, though that was partly attributed to a series of reductions in publishing frequency and in its rate base.</p>
<p>In addition to cutting jobs, RDA, which has nine mags (with a million-plus circ) and 78 websites, is also working on moving out of its Pleasantville, NY headquarters to a smaller space in Manhattan.</p>
<br />  <img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=paidcontent.org&#038;blog=33319749&#038;post=152617&#038;subd=gigaompaidcontent&#038;ref=&#038;feed=1" width="1" height="1" /><p><a href="http://pubads.g.doubleclick.net/gampad/jump?iu=/1008864/PaidContent_RSS_300x250&#038;sz=300x250&#038;c=365429"><img src="http://pubads.g.doubleclick.net/gampad/ad?iu=/1008864/PaidContent_RSS_300x250&#038;sz=300x250&#038;c=365429" /></a></p>]]></content:encoded>
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		<slash:comments>2</slash:comments>
	
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			<media:title type="html">Reader&#039;s Digest</media:title>
		</media:content>

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			<media:title type="html">gigaedit</media:title>
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		<title>Reader&#8217;s Digest UK &#8216;Sold To Jon Moulton&#8217;</title>
		<link>http://paidcontent.org/2010/04/09/419-readers-digest-uk-sold-to-jon-moulton/</link>
		<comments>http://paidcontent.org/2010/04/09/419-readers-digest-uk-sold-to-jon-moulton/#comments</comments>
		<pubDate>Fri, 09 Apr 2010 18:21:05 +0000</pubDate>
		<dc:creator>MediaGuardian, <a href="http://www.guardian.co.uk/media">Â© Guardian News &#38; Media Ltd.</a></dc:creator>
				<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[better capital]]></category>
		<category><![CDATA[m&a & venture capital]]></category>
		<category><![CDATA[mergers & acquisitions]]></category>
		<category><![CDATA[money]]></category>
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		<category><![CDATA[paidcontent:uk]]></category>
		<category><![CDATA[readers digest]]></category>

		<guid isPermaLink="false">http://paidcontent.wp.gostage.it/2010/04/09/419-readers-digest-uk-sold-to-jon-moulton/</guid>
		<description><![CDATA[By Mark Sweney: Reader's Digest UK has been bought by Better Capital, the private equity company backed by Jon Moulton, the Financial Times&#8230;<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=paidcontent.org&#038;blog=33319749&#038;post=151528&#038;subd=gigaompaidcontent&#038;ref=&#038;feed=1" width="1" height="1" />]]></description>
				<content:encoded><![CDATA[<p><b>By Mark Sweney</b>: Reader&#8217;s Digest UK has been bought by Better Capital, the private equity company backed by Jon Moulton, the <a href="http://www.ft.com/cms/s/0/a046c61c-43c6-11df-b474-00144feab49a.html" title="Financial Times reported today">Financial Times reported today</a>.</p>
<p>The UK edition of the magazine, which has been publishing for 72 years, was put into administration by its US parent company Reader&#8217;s Digest Association in February, accusing financial regulators in this country of blocking a plan to fix its pension deficit.</p>
<p>Moore Stephens, which is handling the administration, initially received nearly 100 expressions of interest from businesses, but this was <a href="http://www.accountancyage.com/accountancyage/news/2259490/administrators-receive-nine" title="whittled down">whittled down</a> to nine firm offers last month.</p>
<p>Philip Sykes, head of advisory services at Moore Stephens, and a spokeswoman for Better Capital both declined to comment on whether the private equity firm has bought the magazine. It is thought that an official announcement is expected to be made later today.</p>
<p>Moulton, who resigned from the private equity house Alchemy Partners last September after a strategy <a href="http://www.guardian.co.uk/business/2009/sep/03/alchemy-jon-moulton-resigns-private-equity" title="dispute">dispute</a>, floated his new company on the Alternative Investment Market in December <a href="http://www.guardian.co.uk/business/2009/dec/17/moulton-better-capital-flotation" title="raising">raising</a> £142.4m.</p>
<p>According to the FT, Better Capital&#8217;s deal to buy the Reader&#8217;s Digest involved &#8220;difficult negotiations&#8221; over the rights for the brand, which was still owned by the US parent company.</p>
<p>This article originally appeared in <a class"syndicator-logo %c3%a2%c2%a9-guardian-news-media-ltd" href="">Â© Guardian News &amp; Media Ltd.</a>.</p><br />  <img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=paidcontent.org&#038;blog=33319749&#038;post=151528&#038;subd=gigaompaidcontent&#038;ref=&#038;feed=1" width="1" height="1" /><p><a href="http://pubads.g.doubleclick.net/gampad/jump?iu=/1008864/PaidContent_RSS_300x250&#038;sz=300x250&#038;c=825810"><img src="http://pubads.g.doubleclick.net/gampad/ad?iu=/1008864/PaidContent_RSS_300x250&#038;sz=300x250&#038;c=825810" /></a></p>]]></content:encoded>
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		<slash:comments>0</slash:comments>
	
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		<title>Reader&#8217;s Digest&#8217;s New Recipe For Namesake Brand: &#8216;Pure-Play&#8217; Digital Exec Sharples</title>
		<link>http://paidcontent.org/2010/04/08/419-readers-digests-new-recipe-for-namesake-brand-pure-play-digital-exec-sh/</link>
		<comments>http://paidcontent.org/2010/04/08/419-readers-digests-new-recipe-for-namesake-brand-pure-play-digital-exec-sh/#comments</comments>
		<pubDate>Thu, 08 Apr 2010 02:57:14 +0000</pubDate>
		<dc:creator>Staci D. Kramer</dc:creator>
				<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[eva dillon]]></category>
		<category><![CDATA[industry moves]]></category>
		<category><![CDATA[lisa sharples]]></category>
		<category><![CDATA[magazines]]></category>
		<category><![CDATA[media & publishing]]></category>
		<category><![CDATA[paidcontent]]></category>
		<category><![CDATA[readers digest]]></category>
		<category><![CDATA[women-centric content]]></category>

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		<description><![CDATA[Shades of Barnes &#038; Noble (NYSE: BKS). Reader's Digest Association is promoting a "pure-play' digital exec to lead across platforms: Allrecip&#8230;<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=paidcontent.org&#038;blog=33319749&#038;post=151496&#038;subd=gigaompaidcontent&#038;ref=&#038;feed=1" width="1" height="1" />]]></description>
				<content:encoded><![CDATA[<p>Shades of Barnes &#038; Noble (NYSE: BKS). Reader&#8217;s Digest Association is promoting a &#8220;pure-play&#8217; digital exec to lead across platforms: Allrecipes.com President Lisa Sharples replaces Eva Dillon as president of the Reader</p>
<br />  <img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=paidcontent.org&#038;blog=33319749&#038;post=151496&#038;subd=gigaompaidcontent&#038;ref=&#038;feed=1" width="1" height="1" /><p><a href="http://pubads.g.doubleclick.net/gampad/jump?iu=/1008864/PaidContent_RSS_300x250&#038;sz=300x250&#038;c=671209"><img src="http://pubads.g.doubleclick.net/gampad/ad?iu=/1008864/PaidContent_RSS_300x250&#038;sz=300x250&#038;c=671209" /></a></p>]]></content:encoded>
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		<slash:comments>0</slash:comments>
	
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			<media:title type="html">Lisa Sharples, President, Readerâ€™s Digest Community</media:title>
		</media:content>

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			<media:title type="html">stacidk</media:title>
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		<title>Reader&#8217;s Digest Emerges From Chapter 11; Cuts Debt By 75 Percent</title>
		<link>http://paidcontent.org/2010/02/22/419-readers-digest-emerges-from-chapter-11-cuts-debt-by-75-percent/</link>
		<comments>http://paidcontent.org/2010/02/22/419-readers-digest-emerges-from-chapter-11-cuts-debt-by-75-percent/#comments</comments>
		<pubDate>Mon, 22 Feb 2010 20:50:44 +0000</pubDate>
		<dc:creator>David Kaplan</dc:creator>
				<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[bankruptcy]]></category>
		<category><![CDATA[magazines]]></category>
		<category><![CDATA[media & publishing]]></category>
		<category><![CDATA[money]]></category>
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		<description><![CDATA[After a series of delays, the Reader<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=paidcontent.org&#038;blog=33319749&#038;post=150634&#038;subd=gigaompaidcontent&#038;ref=&#038;feed=1" width="1" height="1" />]]></description>
				<content:encoded><![CDATA[<p>After a series of delays, the Reader</p>
<br />  <img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=paidcontent.org&#038;blog=33319749&#038;post=150634&#038;subd=gigaompaidcontent&#038;ref=&#038;feed=1" width="1" height="1" /><p><a href="http://pubads.g.doubleclick.net/gampad/jump?iu=/1008864/PaidContent_RSS_300x250&#038;sz=300x250&#038;c=659497"><img src="http://pubads.g.doubleclick.net/gampad/ad?iu=/1008864/PaidContent_RSS_300x250&#038;sz=300x250&#038;c=659497" /></a></p>]]></content:encoded>
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			<media:title type="html">Reader&#039;s Digest</media:title>
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