Overnight Briefing & General Reality Check - Feb 19, 2013
February 19, 2013
Going Chapter 11:
More bad news in the publishing world.
Saddled with $465 million in debt, the company that's publishes Reader's Digest magazine filed for bankruptcy yesterday. RDA Holding hopes to recalibrate its business on digital rather than newsstand sales. The company bought the magazine in 2007 for $1.6 billion and acquired about $800 million in debt and filed for bankruptcy once before.
Reader's Digest has been in publication for 91 years. (Maiman)
Another day, another disgusting celebrity diet fad. This time health food stores can expect a run on seaweed as the UK's Daily Mail reports BRITNEY SPEARS and VICTORIA BECKHAM chow down on the ocean vegetation to stay slim. Apparently the iodine in seaweed increases your metabolic rate which means your body burns more calories. Fans of the figure enhancer steam it, boil it and drink it as a tea, while "Posh Spice" enjoys algae shakes and BS eats it the way nature intended. (Lee)
Broadcast, cable and video news:
"Entertainment Tonight" announced yesterday they were hiring MICHAEL JACKSON's 16-year-old son, PRINCE MICHAEL JACKSON, as a correspondent for the show.
His first piece was an interview of JAMES FRANCO and ZACH BRAFF from the movie, "Oz, the Great and Powerful," along with director SAM RAIMI.
In a brief interview before his piece ran, he told "ET" he hopes to have a showbiz career "as a producer, director, screenwriter and actor."
The father of MINDY McCREADY's eldest son isn't surprised that she did herself in. NBC's "Today" show spoke to BILLY McKNIGHT and he said that when they were together, she attempted suicide twice so he's not at all shocked. Six-year-old ZANDER was taken from Mindy shortly after her most recent boyfriend, DAVID WILSON committed suicide a month ago. Billy filed a court request for full custody of his boy, and now he wants Zander back immediately.
FYI: Mindy is the fifth person who appeared on VH1's "Celebrity Rehab" and is now dead. She joins ex-ALICE IN CHAINS bassist MIKE STARR, JOEY KOVAR of "The Real World," "Grease" and "Taxi" star JEFF CONAWAY, and RODNEY KING on that big couch in the sky. (Marino)
Health and Medical Briefs:
Researchers were able to improve the behavior of preschoolers by reducing the amount of violent TV shows they watched and replacing them with educational shows. According to findings published in Pediatrics, the 565 children in the study exhibited significantly improved behavior in just six months after violent shows were swapped out for educational ones.
Researchers noticed the improved behavior continued another twelve months after the changes were made. (Page)
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