Thursday, March 5, 2009

Reader Digest may go bankrupt

Published since 1922, distribute in 45 countries, sold 6,800,000,000 copies of book, music, movies yearly, run 65 web site ... Rumor says that Reader Digest already consulted legal adviser on the possibility to apply for bankruptcy.


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2 comments:

LOKE, AIA BERHAD. said...

I can't imagine that a company like that will face bankruptcy just like that...

Michael Tsen said...

actually I also think they can get out of it, but the book printing division may need to be closed down ...