News Corp. reported fiscal fourth quarter earnings on Thursday afternoon, as HarperCollins recorded a comparatively poor fiscal fourth quarter, with sales of $419 million, down $71 million from the previous year. But it was more of a return to normal, since a year ago they were up $83 million for quarter versus the same period 2017 — boosted in part by $28 million of revenue from Amazon Studios’ television license for J.R.R. Tolkien’s The Lord of the Rings trilogy. (For Q4 2017 sales were $407 million; for Q4 2016, sales had been $433 million.) Sales also look lower because of […]
