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<title>Rick WarrenRick Warren - FishbowlNY</title>
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<description>Turning the Page For New York Media</description>
<copyright>Copyright 2013</copyright>
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<title>Reader&#8217;s Digest Moves To NYC As Part of Restructuring Plan</title>
<description><![CDATA[<p><img alt="rdjjjjj.jpg" src="/fishbowlny/files/original/rdjjjjj.jpg" width="195" height="92" class="alignleft" hspace="7" vspace="3" />After filing for Chapter 11 this August, <strong><a href="http://www.mediabistro.com/Readers-Digest-Association profile.html">Reader&#8217;s Digest Association</a></strong> has been working on a restructuring plan to get itself out of debt. Some of this has been the unfortunate (but par for course) shuttering of titles, like <strong><a href="http://www.mediabistro.com/Rick-Warren-profile.html">Rick Warren</a></strong>&#8216;s ill-fated <em><strong><a href="http://www.mediabistro.com/The-Purpose-Driven-Connection-profile.html">The Purpose Driven Connection</a></strong></em> magazine.</p>
<p>Yesterday, editor-in-chief <strong><a href="http://www.mediabistro.com/Peggy-Northrop-profile.html">Peggy Northrop</a></strong> mentioned at the <strong><a href="http://www.mediabistro.com/ASME-profile.html">ASME</a></strong> luncheon that the <em><strong><a href="http://www.mediabistro.com/Readers-Digest-profile.html">Reader&#8217;s Digest</a></strong></em> brand would never again launch a magazine that wasn&#8217;t able to perform across different media platforms. And today, RDA continues its attempts to get back in the black, and no it doesn&#8217;t involve firing staffers. It looks like the company will be moving its staffers from its offices in Pleasantville, N.Y.</p>
<p>As <strong><a href="http://www.mediabistro.com/Keith-Kelly-profile.html">Keith Kelly</a></strong> reported this morning:</p>
<blockquote><p>&#8220;Some of the 600 employees based in [Pleasantville] will be relocated to White Plains, N.Y. But executive offices and <i>Reader&#8217;s Digest</i> magazine&#8217;s editorial will move to space at 750 Third Avenue that was recently vacated by <strong><a href="http://www.mediabistro.com/SI-Newhous-profile.html">S.I. Newhous</a></strong>e&#8217;s <strong><a href="http://www.mediabistro.com/Condeacute-Nast-profile.html">Cond&eacute; Nast</a></strong> Publications.</p></blockquote>
<p>So some editorial staffers will be going to White Plains while the corporate headquarters and other editorial staffers move to NYC to share in the same building as Cond&eacute; Nast. (FishbowlNY <a href="http://www.mediabistro.com/fishbowlny/media_companies/wwd_gets_new_neighbors_as_cond_nast_leases_space_to_the_economist_124719.asp">previously reported</a> that <i><strong><a href="http://www.mediabistro.com/The-Economist-profile.html">The Economist</a></strong></i> is also moving into that building in the second quarter of next year.) While it&#8217;s always terrible to have to pick up your life and move elsewhere for a job, relocating to New York isn&#8217;t the worst thing to happen to a magazine staff in the last, oh say, <a href="http://www.mediabistro.com/fishbowlny/keith_kelly_distilled/time_inc_closes_door_on_buyouts_today_143525.asp">24 hours</a>. In terms of restructuring, this is one of the more positive moves we&#8217;ve seen in awhile, which it should be obvious by the very un-restructuring phrase in CEO <strong><a href="http://www.mediabistro.com/Mary-Berner-profile.html">Mary Berner</a></strong>&#8216;s letter to the staffers, &#8220;Some of you will be excited by this change&#8230;&#8221;</p>
<p>Berner&#8217;s full memo to RDA staffers after the jump.</p>
<p><strong>Previously</strong>: <a href="http://www.mediabistro.com/fishbowlny/media_companies/readers_digest_files_for_ch_11_125207.asp">Reader&#8217;s Digest Files For Ch. 11</a></p>
<p><strong>Read More</strong>: <a href="http://www.nypost.com/p/news/business/reader_digest_moving_to_nyc_o6D6EwIkVmZBKaFYjg7nCP">Reader&#8217;s Digest moving to NYC</a> &#8211;<i>New York Post</i></p>
<p> <a href="http://www.mediabistro.com/fishbowlny/readers-digest-moves-to-nyc-as-part-of-restructuring-plan_b13051#more-13051" class="more-link">continued&#8230;</a></p>
<p>New Career Opportunities Daily: The <a href="http://www.mediabistro.com/joblistings/?c=rss">best jobs in media</a>. </p>]]></description>
<dc:creator>Drew Grant</dc:creator>
<comments>http://www.mediabistro.com/fishbowlny/readers-digest-moves-to-nyc-as-part-of-restructuring-plan_b13051#disqus_thread</comments>
<link>http://www.mediabistro.com/fishbowlny/readers-digest-moves-to-nyc-as-part-of-restructuring-plan_b13051</link>
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		<category><![CDATA[Media Companies]]></category>
		<category><![CDATA[A Purpose Driven Life]]></category>
		<category><![CDATA[ASME]]></category>
		<category><![CDATA[Condé Nast]]></category>
		<category><![CDATA[Keith Kelly]]></category>
		<category><![CDATA[Mary Berner]]></category>
		<category><![CDATA[Peggy Nolthrop]]></category>
		<category><![CDATA[Peggy Northrop]]></category>
		<category><![CDATA[Reader's Digest]]></category>
		<category><![CDATA[Reader's Digest Association]]></category>
		<category><![CDATA[Rick Warren]]></category>
		<category><![CDATA[Rick WarrenRick Warren]]></category>
		<category><![CDATA[S.I. Newhous]]></category>
		<category><![CDATA[The Economist]]></category>
		<category><![CDATA[The Purpose Driven Connection]]></category>
<pubDate>Thu, 19 Nov 2009 15:00:00 +0000</pubDate>
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