Bloomsbury Confident despite Potter's Retirement; PUBLISHING

The Birmingham Post (England), April 2, 2008 | Go to article overview

Bloomsbury Confident despite Potter's Retirement; PUBLISHING


Book publisher Bloomsbury said yesterday it was confident it had a strong pipeline of new titles to boost trading in the post Harry Potter era.

The final instalment in the adventures of the child wizard saw 2.65 million copies sold in UK bookshops on the first day of release in July.

The contribution from Harry Potter and the Deathly Hallows meant Bloomsbury's pre-tax profits jumped to pounds 17.9 million in 2007 from pounds 5.2 million a year earlier.

Khaled Hosseini's The Kite Runner and A Thousand Splendid Suns were also big sellers as group revenues doubled to pounds 150.2 million last year.

Established Bloomsbury authors with new books coming include David Guterson, whose Snow Falling on Cedars sold more than one million copies, as well as Margaret Atwood, Justin Cartwright, Anne Michaels and Ben Schott.

The paperback edition of Harry Potter and the Deathly Hallows will also be published in July, while fans can buy box sets of all seven books in the series by JK Rowling.

Bloomsbury added: "Sales across the group in the first quarter have been encouraging and we are looking to build on this through the rest of the year. …

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Bloomsbury Confident despite Potter's Retirement; PUBLISHING
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