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Iconic Kids' Pub 'Weekly Reader' To Shut Down

New owner Scholastic is shutting down Weekly Reader (formerly My Weekly Reader), the noted 100-year-old school newspaper, folding it into Scholastic News and "axing all but five of Weekly Reader’s 60 employees in White Plains, NY," writes Josh Kosman and Keith Kelly. Scholastic had bought the paper from Readers' Digest in February, but Weekly Reader's subscription base had fallen by two-thirds.

Read the whole story at New York Post »

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