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November 9, 2017By Michael Cader

Small Gains for Harper

November 9, 2017By 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.”
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Filed Under: Earnings Reports, Free, Publishers

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