DeWitt and Lila Wallace published their first issue of Reader's
Digest in 1922. They sold the magazine exclusively by
mail and priced it at 25¢. Working out of their Greenwich
Village apartment, the Wallaces edited the magazine and
printed 5,000 copies. Since then, The Reader's Digest
Association, Inc. has grown to become one of the world's
preeminent publishers and direct marketers.
Reader's Digest, the largest-selling
magazine in the world, now appears in 50 editions and
21 languages, following new launches during the past year
in Romania, Slovenia and Croatia. The magazine is sold
in more than 60 countries.