2. 外语
  3. A few years ago it was feared that the investors buying up one media company after another and loading them with debt would ruin

A few years ago it was feared that the investors buying up one media company after another and loading them with debt would ruin

admin2018-08-25  70
问题     A few years ago it was feared that the investors buying up one media company after another and loading them with debt would ruin their purchases. As it turns out, some have also ruined themselves. On August 17th the Reader’ s Digest Association, publisher of America’ s most widely read magazine, said it would seek bankruptcy protection to restructure $2. 2 billion in debt.
    Reader’ S Digest is now a global business: It generates less than half of its revenue in America. Most of its money comes from direct marketing and sales of things as varied as wine, vitamins and books.
    Reader’s Digest began in the 1920s by summarizing books and "articles of lasting interest" from other publications. Gradually it acquired its own editorial voice, and with it a somewhat boring image. The magazine emphasized common values and leaned to the right—Richard Nixon and Ronald Reagan were fans. In the 1970s it sold as many as 18 million copies a month. The Wall Street Journal described it as the greatest publishing success since the Bible.
    Yet cracks were appearing. The magazine came to depend on competitions and gambling, particularly to lure younger subscribers. Forced out of that business by public and legal pressure, Reader’s Digest attempted to reinvent itself as a celebrity-heavy lifestyle magazine. Despite heroic (and expensive)efforts to keep up the numbers, circulation has fallen ruthlessly. It now stands at 8.2 million in America—not many more than Better Homes and Gardens.
    These days Reader’s Digest is aiming for a circulation of about 5. 5 million, having dropped the notion of being all things to all readers. Instead it will emphasize the heartland values of family and practicality. Other initiatives point in a similar direction. In 2006 the firm successfully launched a magazine featuring Rachael Ray, a cheerful and uncomplicated television cook. Earlier this year it formed a publishing alliance with Rick Warren, whose book, The Purpose-Driven Life, has a more plausible claim to be the greatest publishing success since the Bible. Mr. Warren is conservative but pointedly non-political.
    This is wise. There are a lot of people in the heartland, and not just in America. Reader’ s Digest’ s talent for distilling complex arguments ought to be more valuable in an era of information overload. In the past year Every Day with Rachael Ray and the American edition of Reader’ s Digest have lost less than a tenth of their advertising pages, according to Mediaweek—far less than the competition. If it can escape that troublesome debt, the least sexy of publishing companies ought to be around for a while yet.
Who should take the blame for the bankruptcy of media companies?
选项 A、The debtors.
B、The investors.
C、The average readers.
D、The company managers.
答案B
解析 该题为细节题。由第一段第一句“A few years ago it was feared that the investors buying up one media company after another and loading them with debt would ruin their purchases．”可知，几年前，有人担心投资者们将一家又一家的媒体公司买下又让它们负债，最终会导致生意失败。随后提到一些投资者果然以失败告终，故选B。
转载请注明原文地址:https://kaotiyun.com/show/WiRd777K
本试题收录于： 公共英语四级笔试题库公共英语（PETS）分类
0

公共英语四级笔试

公共英语（PETS）

相关试题推荐
随机试题
最新回复(0)