Topic: Reader's Digest Association

MPA Names Mary Berner President and CEO

Former RDA chief will take over in September

MPA, the Association of Magazine Media, has announced that former Reader’s Digest Association CEO Mary Berner will become its new president and CEO, just in time for the leading magazine…

Reader's Digest Association Hits Brakes, Again

Poor results lead to more layoffs, international scale-back

More cost-saving moves are afoot at Reader’s Digest Association after what CEO Robert Guth called “disappointing” results in the second quarter of 2012. The global publisher and direct marketer has been…

Meredith Agrees to Acquire Allrecipes

Deal to more than double its digital footprint

Meredith Corp. agreed to buy, paying Reader's Digest Association $175 million in a deal that more than doubles the size of its digital footprint. As a leading site in a…

RDA Blames Third-Quarter Loss on Rachael Ray Magazine

Revenue declined 4.7 percent

In an earnings call yesterday, Reader’s Digest Association blamed its quarterly loss on Rachael Ray—specifically, her magazine Every Day With Rachael Ray. The company said that it lost $16.6 million in…

RDA Finalizes 'Rachael Ray' Mag Sale to Meredith

RDA eyeing other assets for sale

Reader’s Digest Association completed its sale of Every Day With Rachael Ray to Meredith Corp., with more sales expected to follow as RDA pares back to focus on its core…

'Rachael Ray' Mag to Lose Publisher Paul Jowdy in Sale

Meredith deal seen closing as early as this week

Meredith Corp. hasn’t yet completed its deal to buy Every Day With Rachael Ray, but when it does, Paul Jowdy, the magazine's publisher, won't be coming along, Adweek has learned. Meredith…

RDA to Sell

News comes just after move to unload Rachael Ray mag

Days after after saying it would jettison Every Day with Rachael Ray, Reader’s Digest Association said it’s exploring a sale of a second key food property, Allrecipes has been seen as…

A Look Inside the Reader's Digest-Rachael Ray Split

Sources: Food star wanted more money

With its “30-Minute Meals” and its namesake’s bubbly personality, Every Day With Rachael Ray quickly became one of the hottest magazines in the industry—and a source of pride for publisher…

Meredith to Buy RDA's 'Rachael Ray' Mag

Liz Vaccariello replaces Peggy Northrop at 'Reader's Digest'

Meredith Corp. reached an agreement in principle to buy Every Day With Rachael Ray from Reader’s Digest Association.  Meredith adds Rachael Ray to a group of food-focused media properties, which it's been…

Reader's Digest Association Ousts CEO Tom Williams

New chief hints at sell-off

Reader’s Digest Association, publisher of the pocket-sized Reader’s Digest, ousted president and CEO Tom Williams and replaced him with board member Robert Guth, who acknowledged reports that RDA might sell…