Get sick, get well
Hang around a ink well
Ring bell, hard to tell
If anything is goin' to sell
-- Bob Dylan

Monday, July 23, 2012

Weekly Reader goes belly-up after being bought by Scholastic, Inc.

Scholastic Inc., which bought the Weekly Reader from Readers Digest only last February, has announced that it is ending publication of the 110-year-old student magazine. Subscriptions to WR have fallen steadily since it was reported to have 7 million in 2002. At that time, many of its writers were former teachers. Much of this drop can be attributed to decreased school budgets and to the swing away from printed matter to online reading in schools. By folding WR into Scholastic, the company hopes to increase its profitability by firing 55 of 60 Weekly Reader employees

My only question is, without the WR, will Scholastic still be able to disseminate coal industry propaganda to influence young minds, as it did back in May?


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