tag:blogger.com,1999:blog-4713908623268184440.post5984775001752804565..comments2023-07-05T08:04:35.813-05:00Comments on TECHNOBABE'S ADVENTURES: Reader's Digest Facing BankruptcyCiCihttp://www.blogger.com/profile/08615265608675467505noreply@blogger.comBlogger8125tag:blogger.com,1999:blog-4713908623268184440.post-91069714685760640742009-08-20T22:24:27.541-05:002009-08-20T22:24:27.541-05:00It's sad certainly, but nothing is going to ch...It's sad certainly, but nothing is going to change, so it's all good. The only losers will be the banks who loaned them the 1.5 billion dollars and must forgive the debt and show a loss on their income statement.<br /><br />They'll probably have to come up with a plan that will show they can be viable in the near and distant future, which they can certainly do. Just reducing their debt service by 75% may do it, the payments of which are about 7 million dollars a month.<br /><br />SLCCasey Freelandhttps://www.blogger.com/profile/01258967374124497696noreply@blogger.comtag:blogger.com,1999:blog-4713908623268184440.post-5333989580404283592009-08-20T21:24:23.029-05:002009-08-20T21:24:23.029-05:00I think that their target demographic is starting ...I think that their target demographic is starting to die off. I always think of Readers Digest as something that my grandparents read. No offense, I know other people read it as well, but it's just from an older time. Can't compete.A Free Manhttps://www.blogger.com/profile/01038930031019179647noreply@blogger.comtag:blogger.com,1999:blog-4713908623268184440.post-39511279399095716362009-08-20T14:57:23.041-05:002009-08-20T14:57:23.041-05:00It would feel odd if they were not around that'...It would feel odd if they were not around that's for sure. We had them in our house.Cindy https://www.blogger.com/profile/03552572705763406197noreply@blogger.comtag:blogger.com,1999:blog-4713908623268184440.post-75519895571300976032009-08-20T13:37:47.741-05:002009-08-20T13:37:47.741-05:00Sad! I used to enjoy the little jokes in RD too! ...Sad! I used to enjoy the little jokes in RD too! <br /><br />On another sad note, we will not see the likes of another Don Hewitt (60 MInutes) any time soon! What a broadcast pioneer!Ina in Alaskahttps://www.blogger.com/profile/07163454431322742148noreply@blogger.comtag:blogger.com,1999:blog-4713908623268184440.post-45384126055279875042009-08-20T11:06:02.950-05:002009-08-20T11:06:02.950-05:00I, too, grew up with this magazine. I'd be sad...I, too, grew up with this magazine. I'd be sad to see it go under.Badass Geekhttps://www.blogger.com/profile/01030944236271663794noreply@blogger.comtag:blogger.com,1999:blog-4713908623268184440.post-33832627378634784902009-08-20T09:54:44.475-05:002009-08-20T09:54:44.475-05:00That is sad. I had no idea they were struggling. ...That is sad. I had no idea they were struggling. With the new digital age, I've heard that a lot of print media suffers. My memories are similar to Shadow's. I think of waiting rooms. I wonder if Highlights for kids is still around? I used to love that one, too.Juliehttp://www.juliebuff.wordpress.comnoreply@blogger.comtag:blogger.com,1999:blog-4713908623268184440.post-48547338789410018232009-08-20T09:42:02.156-05:002009-08-20T09:42:02.156-05:00I loved reading Reader's Digest and still do (...I loved reading Reader's Digest and still do (I have a freind that has a subscription and she always lets me borrow the magazine )<br />Sad to see it end up this way.Margiehttps://www.blogger.com/profile/14433759763753850718noreply@blogger.comtag:blogger.com,1999:blog-4713908623268184440.post-2587757210009169292009-08-20T05:04:57.331-05:002009-08-20T05:04:57.331-05:00like you, readers digest reminds me of my childhoo...like you, readers digest reminds me of my childhood and waiting rooms. this is sad...Shadowhttps://www.blogger.com/profile/05999801833389058410noreply@blogger.com