As expected, sales of the 50 Shades of Grey trilogy–selling more than 30 million units in the reported period in English–powered Random House to “record operating profits” for the first six months of the year and made the book divison a standout performer for Bertelsmann as well. Random House’s sales for the reported period grew 160 million euros, or 20 percent, to €947 million for the period, and operating EBIT increased to €113 million, up 64 percent from €69 million a year ago. The company notes that “favorable currency exchange rates also contributed to its positive performance.” (The weakened euro […]
