Readers Digest bankruptcy Pu-know How do I end-.docVIP

 PAGE \* MERGEFORMAT 8 ‘Reader’s Digest’ bankruptcy ‘Pu-know’ How do I end? Related News: ‘Reader’s Digest,’ Why can file for bankruptcy ‘reorganization’ 1, ‘Readers Digest’, filed for bankruptcy August 17, 2009, the United States ‘Reader’s Digest’ magazine publisher Reader’s Digest announced that for the purpose of restructuring and reducing the debt burden, the magazine plans within 15 days of its U.S. operations filed for bankruptcy protection. August 24, ‘Reader’s Digest’ a formal application to the court for bankruptcy protection. In 1922, Wallace founded his wife ‘Readers Digest’, founded the ‘Readers Digest’ is only a circulation of 5,000 copies, to 2004, the ‘Readers Digest’ in the United States has a circulation of more than 10 million. At present, the ‘Reader’s Digest’ in the world have 50 different versions in 45 countries with agency, issue 92 magazines, 65 Web site operators. Each year, Reader’s Digest Group’s books, audio and video products sales reached 68 million copies. Second half of 2008, the U.S. version of ‘Reader’s Digest’ There are 8.2 million circulation of more than the assurance of its advertisers, circulation, high by 2%, but compared to the previous year, declining by 12%, in view of the market the trend of shrinking, it is difficult to reverse, in June of this year, Reader’s Digest announced that guaranteed circulation, from 8 million, reduced to 5.5 million, while issue number each year, from 12, reduced to 10, though, are still unable to avoid a long history of this magazine go bankrupt. In many people’s eyes, ‘Readers Digest’ is long-lasting, humane thing to defeat the fashion, hot things. Many American parents think, ‘Readers Digest’ is one of the few in the United States one can always stay at home, confidently allow your children to read magazines. However, the sentimental memories ultimately unable to resist the general trend of change in reading habits. Many experts believe that, ‘Reader’s Digest’ come to such an exte