TITLE

Lack of Bestsellers, Narnia Run-Up Causes HarperCollins Q1 Drop

PUB. DATE
November 2006
SOURCE
Book Publishing Report;11/13/2006, Vol. 31 Issue 44, p1
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the financial performance of HarperCollins for the first quarter of fiscal year 2007, ended September 30. HarperCollins division posted a 6.2% revenue drop, while operating profit for the book unit fell 21.4% to $55 million in the period. The decline was due to the smaller number of best sellers in quarter one of 2007, as well as the lack of the run-up to "Chronicles of Narnia" movie.
ACCESSION #
23123939

 

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