TITLE

Scholastic's Q1 Growth 75% w/Potter (5%Without); Corporate Loss Not Erased

PUB. DATE
October 2007
SOURCE
Book Publishing Report;Oct2007, Vol. 32 Issue 10, p9
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports that the sales of the seventh and last installment of the Harry Potter book series "Harry Potter and the Deathly Hallows" was the major contributing factor in the revenue gained by Scholastic Inc. for its first quarter financial performance in 2008. According to the company's public release, the last installment posted $240 million, which likely gained 5% company-wide growth. The revenue gained by the book publishing company was 75% to $589.9 million.
ACCESSION #
27232225

 

Related Articles

  • Harry Potter Had Predictable Effect on Some Categories While Returns Rise.  // Book Publishing Report;Oct2007, Vol. 32 Issue 10, p11 

    The article reports that the release of the seventh and final installment of the Harry Potter book series "Harry Potter and the Deathly Hallows" in July 2007 has boosted the sales performance of the children/young adult category in the U.S. in July 2007. The success, however, did not lift as...

  • Muggles mob bookstores. Zeitchik, Steven // Daily Variety;7/23/2007, Vol. 295 Issue 78, p1 

    The article reports that the book "Harry Potter and the Deathly Hallows," by J.K. Rowling, has grabbed the spotlight over movies and video games. A reported 8.3 million copies were sold in its first 24 hours of release in the U.S. Since publishers sell books to wholesalers and retailers for a...

  • Keeping Harry Potter Secure.  // Library Journal;5/1/2007, Vol. 132 Issue 8, p13 

    The article reports on the mandates set forth by the Scholastic publishing group for library use and distribution of "Harry Potter and the Deathly Hallows" prior to its release date of July 21, 2007. Comments by an anonymous librarian describe common treatment of popular books surrounding...

  • AAP: July Offers Hard Comparisons to Harry Potter.  // Book Publishing Report;Oct2008, Vol. 33 Issue 10, p11 

    The article offers comparison to Harry Potter books in the U.S. Both children's cover and the audiobooks categories ascertained gradual slowdown in their alikes due to the record-breaking sales of both "Harry Potter and the Deathly Hallows" and its accompanying audiobook version. Though net...

  • AAP July Sales Report.  // Publishers Weekly;9/10/2007, Vol. 254 Issue 36, p8 

    The article reports on the sales performance of publishing companies in July 2007. The release of the Harry Potter book and "Deathly Hallows" resulted in an 504 percent increase in children's hardcover sales for the month. The audiobook "Deathly Hallows," from Random House, also gave a big boost...

  • The Final Chapter. Kung, Michelle // Entertainment Weekly;2/16/2007, Issue 921, p10 

    The article discusses the book "Harry Potter and the Deathly Hallows," the final book in the Harry Potter book series by J. K. Rowling. The effect of the book series on its American publisher, Scholastic, is discussed. It is suggested that the film adaptation of the book "Harry Potter and the...

  • Forthcoming Final Installment Fuels Harry Potter Mania.  // American Libraries;May2007, Vol. 38 Issue 5, p14 

    This article reports on the growing anticipation of libraries across the U.S. for the impending July 21, 2007 release of the book "Harry Potter and the Deathly Hallows," by J. K. Rowling. Many libraries plan to host parties, featuring food, games, and movies, all leading to the release of the...

  • Despite 'Hallows,' Booksellers Still Cautious. Milliot, Jim // Publishers Weekly;8/27/2007, Vol. 254 Issue 34, p13 

    The article discusses the increase in the sales reported by Barnes & Noble (B&N) for the second quarter of 2007. Sales of "Harry Potter and the Deathly Hallows" provided the expected lift to second-quarter sales, but it was difficult to determine if the increase in the period was anything more...

  • Publishers' Sales Off for Year.  // Publishers Weekly;2/16/2009, Vol. 256 Issue 7, p6 

    The article reports on the financial performance of publishers in the U.S. in 2008. Sales for the 81 publishers that report their revenue to the Association of American Publishers fell 2.4 percent to $10.6 billion. The decline in children's hardcover was not unexpected, given the huge sales of...

Share

Read the Article

Courtesy of VIRGINIA BEACH PUBLIC LIBRARY AND SYSTEM

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics