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Reader's Digest in trouble again

2013-02-18 22 Dailymotion

The parent company of Reader's Digest is filing for bankruptcy protection from its creditors for the second time in three and a half years.

The 91-year-old magazine is labouring under nearly 350 million euros worth of debt and, like other traditional print operations, is struggling to cope with a shift by readers to electronic media.

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http://www.euronews.net/