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Reader's Digest Association Inc. is engaged in the publishing and direct marketing of magazines, books, recorded music collections and home videos through four segments: North America Books and Home Entertainment, United States Magazines, International Businesses and New Business Development. North America Books and Home Entertainment publishes and markets books and home entertainment products in the United States and Canada; United States Magazines publishes and markets Reader's Digest magazine and several special interest magazines in the United States; International Businesses publishes and markets books and home entertainment products, Reader's Digest magazine in numerous editions and languages and special interest magazines outside of the United States and Canada; and New Business Development comprises the activities of Gifts.com, Inc., financial services alliances, certain special interest magazines in international markets and other developing businesses. |