The Reader's Digest Association

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Description from Wikipedia:

The Reader’s Digest Association, Inc. (RDA) is a global media and direct marketing company based in Chappaqua, New York, best known for its flagship publication founded in 1922, Reader's Digest. The company's mailing address is in Pleasantville, New York.

The company was founded by DeWitt and Lila Wallace in 1922 with the first publication of Reader's Digest magazine, but has grown to include a diverse range of magazines, books, music, DVDs and online content.

Today, RDA publishes 92 magazines globally including 50 editions of Reader's Digest magazine. Other magazines include Every Day with Rachael Ray (U.S.); The Family Handyman (U.S. and Australia); HealthSmart (Canada and Australia) and RD Specials, one-time publications sold at supermarket checkout counters. RDA also sells 50 million books a year worldwidem including general books, illustrated reference books, Select Editions (condensed) books, and adult and children's trade books. The company also markets music collections, videos and other products, and has a number of branded online communities including allrecipes.com.

In March 2007, after being publicly traded for 15 years and posting net losses in its last two fiscal years, Reader's Digest was acquired by an investor group led by Ripplewood Holdings, a private equity firm. RDA's President and Chief Executive Officer is Mary G. Berner.

Berner, formerly of Conde Nast Publications, has introduced a number of changes since joining the company in 2007. She has replaced executives, sold unprofitable businesses and has announced that the company’s name will also change in early 2009. According to Berner she is changing the fundamental from simply being a magazine and books publisher, and building a company based on multiplatform communities and branded content.

INTERNATIONAL
(Operations in 100+ countries selling products in 120+ countries)