News Corp. reported first quarter earnings after the close of the market on Wednesday, and once again, per the company’s changed standard, there was no specific mention of either HarperCollins or book publishing. The larger publishing division–which is dominated by the company’s newspapers– suffered as a result of the closing of News of the World, as segment operating income dropped $68 million from the previous year, though sales still rose $23 million compared to the same period a year ago. In a subsequent statement Harper reported they had “a great quarter, with an increase in revenue and profit over last […]
