TITLE

Harlequin Challenged by Soft Mass Market In Third Quarter

PUB. DATE
November 2004
SOURCE
Book Publishing Report;11/8/2004, Vol. 29 Issue 43, p4
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article focuses on the financial performance of Harlequin Enterprises Ltd., the romance fiction publisher owned by Toronto-based newspaper and publishing company Torstar Corp. Revenues were $111.5 million, down 12% from the $125.5 million reported in the third quarter of the financial year 2003. Operating profit plunged 55%, from $29.7 million in the same period in 2003 to $19.12 million for the third quarter. Despite of the slashed revenues and earnings, the company had some successes this year, including the repackaging of two books by author Nora Roberts.
ACCESSION #
15112564

 

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