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Small Gains for Harper

November 9, 2017
By Michael Cader

News Corp. reported fiscal first quarter results through the end of September, with sales at HarperCollins rebounding by 3 percent, to $401 million. While ahead of last year’s $389 million, it’s still behind their $409 million in fiscal 2016 and $406 million in fiscal 2015. EBITDA rose by $2 million, to $50 million in the quarter. The gains were “primarily due to the continued popularity of Hillbilly Elegy by J.D. Vance and The Subtle Art of Not Giving a F*ck by Mark Manson.” Digital sales grew 6 percent, driven “by growth in downloadable audio sales.”
Report

Filed Under: Earnings Reports, Free, Publishers

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