Results for tag "chapter-11"

Digest-Size Debt Load

Reader’s Digest is filing for bankruptcy? Why? Such a strong publishing organization, it practically had a license to print money. Well, then again, so did many other print media. Was it the cost of paper and postage or was it the Internet revolution? Partially, yes. I’d think most would agree the company was overly leveraged: […]


Duh, Yellow Pages

R.H. Donnelley filed for bankruptcy cited a “drop in ad revenue.” [Not R.R. Donnelly, the huge commercial/contract printer of periodicals and probably everything else — not that their revenue isn’t down.] I never use the “yellow pages” any more. Go online and get a map, too. And quickly. Publishing directories is an outdated business model. […]