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Parent company of Writer’s Digest files for bankruptcy

March 12, 2019 by Jeffrey Bruner

The company that owns Writer’s Digest magazine has filed for bankruptcy.

The Digital Reader shared Forbes’s report that F+W Media owes between $100 million and $500 million to an estimated 1,000 to 5,000 creditors, while its assets were estimated at $50 million to $100 million.

You can read Nate Hoffelder’s take on what this means on The Digital Reader (and don’t skip the comments) and also the original article on Forbes.

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