The Reader’s Digest Association Inc. has signed a licensing agreement to publish Reader’s Digest in India with Living Media India Ltd.
The licensing agreement replaces one with RDI Print & Publishing Private Ltd., Inc, which had published Reader’s Digest for the past 25 years. The magazine has been in India for more than 40 years, and is currently published only in English with a circulation of 500,000 copies.
Living Media is India’s largest magazine publishing company and publisher of India Today, which has a readership of 14.4 million across all editions in English, Hindi, Tamil, Telugu and Malayalam.
The company also operates a book club and a music division. Its associate company, TV Today Network Ltd., operates two 24-hour news channels, one in Hindi and the other in English. Also part of the group is Thomson Press India Ltd., the largest commercial printing company in India; and an integrated database marketing company.