<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/209b47e3-8aee-4ac9-80f8-83aeb5fa47bb/3DC54143-56B5-4985-B859-147627CABD31/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://www.bizjournals.com/seattle/stories/2009/08/17/daily8.html" href="http://www.bizjournals.com/seattle/stories/2009/08/17/daily8.html" style="font-size: 11px;">www.bizjournals.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.bizjournals.com/seattle/stories/2009/08/17/daily8.html"><P>Magazine and media publisher <A href="http://www.bizjournals.com/seattle/gen/Reader's_Digest_Association_F2D46B0E219B43B0AAB0F1CA6B6ECF64.html" class="story_clink"><STRONG>Reader's Digest Association</STRONG></A>, Inc. said Monday that it <A href="http://%20http//mediadecoder.blogs.nytimes.com/2009/08/17/readers-digest-plans-bankruptcy-filing/">plans to file for Chapter 11</A> bankruptcy protection in a move to reduce some of its $1.6 billion debt load.</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.bizjournals.com/seattle/stories/2009/08/17/daily8.html"><P>Reader's Digest is the parent company for Seattle-based website AllRecipes.com, which is the top online recipe site in the U.S. with about 300 million visits each year.</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.bizjournals.com/seattle/stories/2009/08/17/daily8.html"><P>AllRecipes represents a growth business for the 87-year-old media company, which has watched the circulation of its flagship print publication fall in recent years. The effect on AllRecipes wasn't immediately known. Reader's Digest said it plans to operate normally during the restructuring.</P></blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;">&nbsp;</td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/3DC54143-56B5-4985-B859-147627CABD31/blog/" title="blog or email this clip"><img src="http://content9.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>

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