News Corp. reported fiscal second quarter sales through December 31, 2021 after the close of the market on Thursday, with HarperCollins recorded sales of $617 million. Sales were up $73 million compared to a year ago, but $50 million of that came from the Houghton Mifflin Harcourt trade acquisition. The $23 million organic growth at Harper comprised a 4.2 percent gain, their softest increase over the six straight quarters of gains. HMH on its own declined compared to a year ago. At HMH Books & Media, for which the company has been exploring a sale since November, sales for the […]
