News Corp’s annual report provided a few more nonspecific clues about HarperCollins’ performance in the 2011 fiscal year, following on last week’s release highlighting the strength of its children’s book division and how ebooks accounted for approximately 12 percent of total sales. A 10-K filing released Monday showed that HarperCollins sales fell from the previous fiscal year (when the division’s earnings increased by approximately $128 million, or 11 percent, on fiscal 2009) due to lower book sales due to fewer new releases and lower licensing fees resulting from a settlement received at HarperCollins in fiscal 2010.” HarperCollins also had 166 […]
