Old media is dying…
78 x served & 11 x viewed
The classic oldtimer magazine Reader's Digest is going bankrupt. Or maybe it is more correct to say that the Reader’s Digest Association is trying to survive after reaching an agreement with its creditors to reduce debt. So the magazine will maybe survive under bankruptcy protection. My father used to read the Swedish version of Reader's Digest, and occassionally I spotted books from Reader's Digest with other people in his generation. But this was long ago - who is actually reading their publications today?
Read more at Folio Magazine.
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