“Reader’s Digest — an American media icon of the 20th century, thanks to its inspiring, safe-for-family-reading articles and folksy, cornpone humor — is planning to file for Chapter 11 bankruptcy reorganization. Parent company Reader’s Digest Association has had trouble since going private in 2007, cutting costs and trying to stay relevant in the post-ironic, niche-driven 21st-century media landscape, a place [that] can be tough sledding for an earnest, general-interest magazine.”