News Corp. issued third quarter earnings and as has become the new standard, the words “book” and “HarperCollins” do not merit an appearance anywhere in the 13-page statement. The company’s publishing division overall was a mess–operating income fell $82 million thanks to The Daily and advertising declines in the UK and Australian newspapers, and a marketing services litigation settlement cost another $125 million. By their own reckoning, HarperCollins says they “had a solid quarter. In the US, eBooks comprised 19 percent of sales in the US, and 11 percent of worldwide revenues. The company says “we expect to see those […]
