The Press: The Common Touch

(See Cover)

It is read in foxholes in Korea, in the cockpits of transatlantic planes, by Swedish farmers, Brazilian housewives, Japanese coal miners, Igorots in G strings.

The Reader's Digest is one of the greatest success stories in the history of journalism. It is also a unique proof that circulation alone can turn the trick, with no help from advertising revenue. In its 30 progressively successful years, the Digest has run not one line of paid advertising in its domestic edition (9,500,000 copies). This year the Digest should gross between $25 and $30 million, and net about $1,500,000.

...

Want the full story?

Subscribe Now

Subscribe
Subscribe

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!