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Technology pays off for HarperCollins

By mike, Mar 31 in blog with 0 comments

New technology has helped the British arm of Rupert Murdoch’s publishing company, HarperCollins, post its highest revenue figures in three years, says a report released in London.

Turnover for the business rose 4.7 per cent to STG254 million ($A389 million) in the year ending June 2011, with the sales of e-books up sevenfold, reported the Evening Standard newspaper.

HarperCollins, which also has accounts in Australia, have attributed the results partly to experimentation with e-books and other media applications which have started ‘to bear fruit’.

While pre-tax profits for the latest cycle halved to STG14 million, the 2010 results were buoyed by a one-off gain following the resolution of a legal dispute with Lord of the Rings author JRR Tolkien’s estate.

Source: www.bigpond.com

About the author

Mike Andrew has been working with the Internet and small business for over 12 years. Mike has been a keynote speaker at conventions and seminars and conducted social media training sessions all over the world. Mike has an extensive media background having worked in electronic media for over 30 years. Mike specialises in social media and Internet marketing strategy, SEO techniques and search engine marketing campaigns. His articles appear on numerous blogs around the web as well as national magazines.