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04 March 2011

Revenue Falls, Net Loss Improves for Reader's Digest in 2010

RDA Holdings Co., the parent company of The Reader's Digest Association, announced today that revenue in the fourth quarter of 2010 dropped 15.9 percent to $521.8 million compared to the fourth quarter of 2009. Meanwhile, net income rose to $58.5 million in the fourth quarter, compared to a net loss of $26.7 million for the same period last year.

Looking only at the company's performance since February 2010, when RDA emerged from bankruptcy protection, it generated $1.5 billion in revenue,

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