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Thursday, August 7, 2008

HarperCollins doing well

HarperCollins reported fourth quarter sales of $350 million, up nearly 18 percent from $295 million a year ago, with operating income of $28 million up a third from a year ago.

In the release the company says the quarter was "led by strong sales of Bright Shiny Morning by James Frey, Stolen Innocence by Elissa Wall, an updated edition of YOU:The Owner's Manual by Michael F. Roizen and Mehmet Oz," along with "other bestsellers" -- which makes one wonder where the money came from. (Bright Shiny Morning sold less than 60,000, according to Nielson Bookscan.)

However, it is great that a publisher is flourishing in these difficult times.

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