TVNewser FishbowlDC AgencySpy TVSpy LostRemote PRNewser SocialTimes AllFacebook 10,000 Words GalleyCat UnBeige MediaJobsDaily

Reader’s Digest Suffers Big 3Q Losses

In today’s Memo Pad, WWD’s Amy Wicks wrote that The Reader’s Digest Association recently disclosed a third-quarter earnings report that revealed a near-15 percent drop off in revenues.  The loss is being chalked up to the media company’s flagship title, Reader’s Digest.  The New York-based family magazine printed fewer issues last quarter as part of their planned rate base reduction.

RDA’s operating profits for the quarter decreased by 25 percent to $1.5 million — a decline that resulted from reduced revenues and financing for digital projects.

Mediabistro Course

Freelancing 101

Freelancing 101Starting August 18, learn how to manage a top-notch freelancing career in our online boot camp, Freelancing 101! Through a series of weeklong webcasts, you'll hear from freelancing experts who will teach you the best practices for a solid freelancing career, from the first steps of self-advertising and marketing, to building your schedule and securing new clients. Register now!