News Corp announced results for the second quarter ended December 31, reporting sales at Harper Collins of $595 million, up 8 percent. On a call with investors, News Corp ceo Robert Thomson attributed the growth to Bible sales and strong performance from Harper Collins UK. Top titles in the quarter included Cher’s memoir, Gregory Maguire’s Wicked, and Laurie Gilmore’s The Pumpkin Spice Café. EBITDA grew 19 percent to $101 million due to the increase in overall sales in print and digital, “partially offset by higher manufacturing costs due to higher sales volume and higher employee costs.” The company reports that […]
