News Briefs

June 2006
Book Publishing Report;6/12/2006, Vol. 31 Issue 22, p5
Trade Publication
The article features news briefs in publishing. Borders Group Inc. of Ann Arbor, Michigan, corrected an error in the calculation of gross margin within its international segment, specifically in the Books etc. division. The correction, which relates to fiscal 2005, will be reflected in results for first quarter fiscal 2006. American publishers lost $52 million from the piracy of books and journals in China in 2005, according to Pat Schroeder, president of the Association of American Publishers.


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