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Reader’s Digest

  1. print is dead
    Reader’s Digest Files For Bankruptcy (Again)It needs to shed nearly half a billion dollars in debt.
    By Adam Martin
  2. gossipmonger
    Madonna Returns to Malawi, Lays BrickIn heels!
  3. media deathwatch
    Profits at the Washington Post Are Down 77 PercentAnd more grim news from the struggling media industry.
    By Kathryn H. Cusimano
  4. media deathwatch
    It’s ‘Chaos’ in Media CountrySoon we will all be paid in ‘floating gold coins or mushrooms,’ says one media critic.
    By Mike Vilensky
  5. media deathwatch
    The Media Calls a Snow DayThe latest news (not entirely bad) in the media maelstrom.
    By Kathryn H. Cusimano
  6. company town
    McCain Campaign Rewarding Commenting SpammersPlus, the latest on Wall Street, Gold Street, and your street, in our daily industry roundup.
  7. company town
    Al Gore: Cashing In on His Big YearFINANCE • Al Gore, venture capitalist? The Nobel laureate and Apple board member is taking a hands-on role at Kleiner Perkins, the leading Silicon Valley venture firm. His goal: Save the world. And annoy GE’s Jeff Immelt as much as possible. [Fortune] • Harvard picked Robert S. Kaplan, a former Goldman Sachs vice-chairman, as the new steward for the $35 billion endowment. Something tells us his kids won’t have any trouble getting in. [Reuters via NYT] • A few management consultants with nothing better to do gave the Times its newest buzzword: CEO version 3.0. With the departures of Stan O’Neal, Chuck Prince, and Richard Parsons, it’s now time for leaders “who can assemble a team that functions as smoothly as a jazz sextet.” Because, as James Cayne showed, the old CEOs were way too bebop. [NYT]