Bloomsbury’s last party year
It was a very good year for Bloomsbury Publishing, the U.K. originator of the Harry Potter series. In just-released 2007 results, the firm’s profits more than doubled, to nearly ₤18-million. As Reuters reports, Bloomsbury’s 2008 profits are expected to drop by ₤10-million. CEO Nigel Newton says he’s still feeling bullish, though: he tells Reuters, “We have a clutch of strong titles coming out this year, including … a new Margaret Atwood novel, and the Deathly Hallows coming out in paperback.” We could have sworn, though, that Atwood’s book had in fact been delayed until 2009….
It’s just delayed in the US, no? To avoid the election?