| | Business Summary | | Readers
Digest
Association
Inc.
is
engaged
in
publishing
and
direct
marketing,
and
the
creation
and
delivery
of
products
that
inform,
enrich,
entertain
and
inspire,
including
magazines,
books,
recorded
music
collections
and
home
videos.
The
Company
is
best
known
for
publishing
its
flagship
Reader's
Digest
magazine.
Reader's
Digest
is
a
monthly,
general
interest
magazine
consisting
of
original
articles,
previously
published
articles
in
condensed
form
and
a
condensed
version
of
a
previously
published
or
soon-to-be
published
full-length
book.
Reader's
Digest
has
a
worldwide
circulation
of
about
24
million
and
over
100
million
readers
each
month.
Reader's
Digest
is
published
in
48
editions
and
19
languages.
The
Company
has
four
operating
segments:
Global
Books
and
Home
Entertainment,
United
States
Magazines,
International
Magazines
and
Other
Businesses. | | More
from
Market Guide: Expanded
Business Description |
| | Financial Summary | | RDA
engages
in
publishing
and
direct
marketing,
creating
and
delivering
products,
including
magazines,
books,
recorded
music
collections
and
home
videos.
For
the
nine
months
ended
3/31/01,
revenues
rose
2%
to
$2.02
billion.
Net
income
applicable
to
Common
rose
21%
to
$153
million.
Revenues
reflect
the
acquisition
of
BAF
and
higher
sales
at
QSP.
Higher
income
also
reflects
lower
marketing
expenses
and
lower
equity
in
losses
of
the
affiliate. Recent Earnings Announcement
For
the
3
months
ended
06/30/2001,
revenues
were
554,500;
after
tax
earnings
were
-21,900. (Preliminary; reported in thousands of dollars.) | | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Thomas Ryder, 56
Chairman,
CEO | $4.3M | Michael Geltzeiler
CFO,
Sr. VP | -- | Gary Rich, 39
Sr.
VP, HR | -- | M. John Bohane, 64
Sr.
VP of Reader's Digest and Pres, Global Books and Home Entertainment | 2.3M | Elizabeth Chambers, 37
Sr.
VP, Strategy and Bus. Redesign | -- | | Dollar amounts are as of 30-June-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors:
Expanded
List, Bios,
Compensation,
Options
|
|
![[one-year price graph]](http://chart.yahoo.com/c/0b/r/rda.gif)