Since I decided to write a book about our story and while I find literary depth and context, I’ve been trying to learn about book publishers.
I find this story amazing:
Scholastic Pockets $240 Million from Potter
By Jim Milliot — Publishers Weekly, 9/20/2007 7:21:00 AMHarry Potter and the Deathly Hallows came through for Scholastic in the first quarter ended August 31, helping to drive up revenue 75%, to $586.9 million. Hallows, along with the six previous Potter titles, contributed sales of $240 million in the period, propelling revenue in the children’s book publishing and distribution segment to $342.5 million from $112.6 million. The huge influx of sales resulted in an operating profit in the segment of $2.7 million in the quarter, compared to an operating loss of $67.3 million last year. For all of Scholastic, the company had a loss of $2.8 million compared to a $46.9 million loss in last year’s first quarter.
More here.