Trusted Media Brands (formerly Reader’s Digest Association) has shuttered Studio Fun International, a children’s book publishing company.
According to the New York Post, the closure resulted in 31 staffers losing their jobs. “The closing of Studio Fun International US is the next step in executing on our strategy to focus on our core businesses and brands,” said a Trusted Media spokeswoman.
Studio Fun was founded 1983 as Joshua Morris Publishing. RDA acquired it in 1991.