Harper Praises Children's Results; US eBooks Were 12 Percent for the Year

News Corp. reported fourth quarter earnings after the close of the market on Wednesday, and per the new standard there was no specific mention of either HarperCollins or book publishing. The larger publishing division--which is dominated by the company's newspapers--had a good performance despite public controversy, with sales up $225 million and segment operating income rising $74 million.

Harper said in a brief statement that it "ended the year with a profitable quarter and exceeded its plan for the year." They say the children's division enjoyed "its second best ever" year. eBook sales were "approximately 12 percent of sales in the US" for the full fiscal year. Last time they reported, for the third quarter alone, Harper had said ebooks comprised 19 percent of US sales and 11 percent of worldwide sales.