Holland’s WPG (Weekblad Pers Groep) is merging some its well-known imprints in response to difficult market conditions. Arbeiderspers is going to merge with Bruna, relocating to Utrecht next January while maintaining a small office in Amsterdam. And Balans is going to merge with De Bezige Bij. Now that Waterstone’s has been sold, former parent company HMV reveals in its annual earnings report that the bookseller’s overall sales fell 14.4 million pounds for the year (with comps falling 3.8 percent) at £499.2 million, but operating profit rose to £9.5 million, compared to £2.8 million the year before. HMV also took a £110.5 million pound writedown […]
