Lagardere reported preliminary results for their fiscal fourth quarter, ending December 31, with sales at Lagardere Publishing down 2.7 percent at 579 million euros (though the company claims that on a “like-for-like” currency adjusted basis sales rose 0.2 percent in the period and declares it “better than expected”). Sales at Hachette Book Group USA, which had shown “double-digit growth” through the end of September, fell “about 20 percent” in the fourth quarter–due to comparisons to Stephenie Meyer’s big breakout a year ago, when she sold 8 million copies in December 2009. US ebook sales, as previously mentioned by ceo Arnaud […]
