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Harry Potter Publisher Bloomsbury’s Annual Profit Rises as Readers Lap up Novels
Date: May 31, 2023
(Reuters) -Bloomsbury Publishing posted a rise in full-year profit on Wednesday, helping the Harry Potter publisher propose a 10% hike in final dividend, as readers lapped up novels and online learning boosted demand for its digital academic resources. A string of acquisitions to boost its portfolio and resilient demand for books as a form of...
Publisher Bloomsbury Casts Upbeat Forecast, Says Books ‘affordable Pastime’
Date: March 15, 2023
(Reuters) -Bloomsbury Publishing Plc forecast full-year profit to be well ahead of expectations on Wednesday, encouraged by the robust demand for it fantasy novels and academic digital resources. “Throughout a year which has been characterised by rising inflation and cost of living pressure, it is notable that reading remains hugely popular throughout the world, with...
King Charles, Prince William Make First Appearances Since Harry’s Memoir
Date: January 13, 2023
By Michael Holden ABOYNE, Scotland (Reuters) -Britain’s King Charles and Prince William made their first public appearances on Thursday since the release of the monarch’s son Prince Harry’s tell-all memoir and TV interviews in which he made accusations against them and other royals. In his book “Spare”, Harry divulges that he had begged his father...
Stephen King Goes to Bat for U.S. Gov’t in Case Against Book Publishing Mega-Merger
Date: August 1, 2022
By Diane Bartz WASHINGTON (Reuters) – The U.S. Justice Department will ask a federal judge on Monday to block a $2.2 billion merger of two of the “Big Five” book publishers, Penguin Random House and Simon & Schuster, in a trial that is expected to feature testimony from horror writer Stephen King. Also on Monday,...
Harry Potter Publisher Hands Out Meaty Dividend After Bumper Profits
Date: June 15, 2022
(Reuters) – Bloomsbury Publishing Plc on Wednesday reported a 40% jump in annual profit and raised its final dividend payout by about a quarter, buoyed by a reading boom which stayed even after the pandemic lockdowns. The London-listed publisher, best known for picking up J.K. Rowling’s Potter series in 1997 after its rejection by a...
Balancing the Books on Delivery – the Right Approach for Retailers
Date: June 20, 2019
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