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February 10, 2011By Michael Cader

Lagardere Improves In Fourth Quarter, Down 4 Percent (Against Big Meyer Comp)

February 10, 2011By Michael Cader

The slide in Lagardere Publishing’s results compared to last year’s record Stephenie Meyer-driven performance eased in their fourth quarter, with sales of 556 million euros down 4.1 percent from 580 million euros a year ago. The company says “new best-sellers helped to improve the trend line in the United States and the United Kingdom compared with the first nine months,” even though HBG USA declined 14 percent in the fourth quarter due to more modest Meyer sales. (They say books from Jon Stewart, Keith Richards and Chelsea Handler helped to balance out that decline.) Hachette UK was down 7 percent in […]

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Filed Under: Earnings Reports, International News, Publishers

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