From Publishers Weekly:
HarperCollins finished the fiscal year ended June 30, with a $10 million decline in revenue, compared to fiscal 2016. However, parent company News Corp reported that the publisher saw a 7.5% increase in earnings. Revenue slipped to $1.64 billion, from $1.65 billion in fiscal 2016 , but EBITDA (earnings before interest, taxes, depreciation, and amortization) increased to $199 million, up from $185 million in the prior year.
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The expansion of HC’s global footprint also added to sales. Murray said between now and the end of the calendar year foreign-language sales will represent about 10% of the company’s total revenue
Sales of digital audio had double-digit gains in the year, Murray said, helping to offset another stretch of e-book declines.
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Murray said the continued decline in e-books isn’t a major concern at the moment, noting that in the North American market gains in print book sales made up for the drop in e-book sales.
Link to the rest at Publishers Weekly