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No, but they have been in need of restructuring for many years. there preachy tone of writing, obsession with ugly stuff such as ( heroically managed accidents) and so on, well the Cold-war orientation of much of the material is, pointedly-obsolete. a new tack is clearly needed.

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14y ago
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1mo ago

There have been reports of financial challenges at Reader's Digest, but the company has not officially declared that it is going out of business. The print magazine industry as a whole has been facing struggles due to changing consumer preferences and digital competition.

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Q: Is Reader's Digest really going out of business?
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