Reader's Digest considers Time Warner deal

- Reader's Digest is understood to be negotiating with Time Warner to combine several Time publications and direct-marketing businesses, according to a report in Business Week.

- Reader's Digest is understood to be negotiating with Time Warner to combine several Time publications and direct-marketing businesses, according to a report in Business Week.

The deal would see Time Warner become an equal partner with the foundations that control 72 per cent of the Reader's Digest voting shares.

Reader's Digest chief executive officer Thomas Ryder would remain in place, while Time chief executive Don Logan would become chairman.

Reader's Digest and Time executives were unavailable for comment.





Topics