Topic: Reader's Digest Association
Meredith Corp. agreed to buy Allrecipes.com, 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…
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…
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…
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…
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.com. Allrecipes has been seen as…
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 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, 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…
Reader’s Digest Association, which reportedly put itself up for sale this week, has hired investment bankers Evercore Partners and Morgan Stanley to shop the company (or parts of it) to potential…
After emerging from a prepackaged bankruptcy in early 2010 and undergoing some major executive shuffling in the past few months, Reader’s Digest Association is putting itself up for sale—and is…
