News Corp reported results for the third quarter ended March 31, with sales at Harper Collins of $514 million, up 2 percent from $506 million in the same period last year. The growth is attributed to higher book sales, particularly from the acquisition of a German guidebook publisher in late 2024. EBITDA for the quarter grew 3 percent to $64 million due to higher sales overall, “partially offset by higher employee costs.” Digital sales grew 3 percent due to a 3 percent growth in audiobook sales. Digital books made up 25 percent of consumer sales and backlist represented a slightly […]
