- The Drum, Sunday, January 6, 2013 4:45 PM
Less than three years after Jo Moulton’s Better Capital private equity firm rescued the monthly magazine from administration, it has cut 90 of Reader’s Digest UK’s 120
staff as it axed the magazine's direct marketing division. The private equity firm also began insolvency proceedings of the magazine’s CD, DVD and bookselling arm. Better Marketing said that no
easy route to long-term viability for the direct marketing business exists.
Read the whole story at The Drum »