Lagardere’s Q3 Lagardere’s book unit reported revenues of 636 million euros ($818 million) for their fiscal third quarter, and the company is now up 2.6 percent compared to last year for the nine month period (once adjusted for the Time Warner Book Group acquisition and currency fluctuations.) The former TWBG added 115 million euros ($148 million) this quarter. In the UK, as was the case last quarter, Hodder Headline is credited with “robust growth, mainly driven by sales of James Patterson [who is leaving the house] and Stephen King.” Release Random Reduces Sales Group Random House is “completing a restructuring […]
