Weekly Reader Corp.
Last night I read about the demise of My Weekly Reader and it started me thinking. Have you ever seen an event fly by and deep within your heart know that it was a great and missed opportunity? The death of My Weekly Reader seems to me to be such a missed opportunity. Here was a great and potential cornerstone for sustaining the newspaper industry perhaps a decade longer, now murdered after 84 years of publishing to the youth of America.
Weekly Reader, a staple in American classrooms for a century, has some hard news for its young readers: it’s shutting down.
Chief rival Scholastic, which bought the school newspaper earlier this year, is folding it into Scholastic News and axing all but five of Weekly Reader’s 60 employees in White Plains, NY, The Post has learned.
Like all papers, Weekly Reader was struggling with changes roiling the print world and was under pressure to develop digital editions.
Industry Executives’ Appointments, Promotions, Transfers and More … • Pamela Sader is named senior vice president, sales and marketing for school and library publishing at Weekly Reader.• Smithsonian Publishing names Kerry Bianchi group publisher.• Kristen Dabbs joins American Songwriter magazine as advertising director.• Success magazine names Andrew Mondello Web editor.• AARP The Magazine appoints Andrzej…
The Reader’s Digest Association Inc. (RDA) announced yesterday a merger agreement with an investor group headlined by Ripplewood Holdings LLC. The group will acquire all of RDA’s outstanding common shares and assumption of RDA’s debt for a total transaction valued at $2.4 billion. “After looking closely at our company’s assets and prospects for growth, Ripplewood offered to purchase the company for $17 per share, and our Board of Directors subsequently accepted this offer,” RDA President and CEO Eric Schrier wrote in a candid note to all of his employees. According to RDA, the Board of Directors has approved the merger agreement, which should take place
Merriam-Webster is a household name when it comes to dictionaries. In fact, its dictionary is said to be the second best-selling hardcover book in American history next to the Bible. So it might be surprising to find out that behind this book is a manufacturing department of just one: David Pelkey. Pelkey, Merriam-Webster’s director of manufacturing, oversees the manufacturing of all printed materials for the company, which has been a forerunner in the age of multimedia publishing. “I do all of the paper purchasing, warehousing and inventory management, and I also have a hand in distribution,” he says. Pelkey’s name may not be as