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Today
Lagardere announced results for the fourth quarter and full year, with quarterly publishing sales flat at €799 million. For the year, sales were €2.87 billion, up 2.2 percent as reported and 1.9 percent on a like-for-like basis. EBITDA grew 34.7 percent to €295 million and recurring EBIT gained 14 percent to €593 million. In the US, sales at Hachette Book Group for the year were up 7 percent, boosted by books including The Wild Robot by Peter Brown, The Housemaid by Freida McFadden, and Eruption by James Patterson and Michael Crichton. In a statement, ceo David Shelley said that the …
Deal of the Day
Sunday Times-bestselling author of THE SEVENTH FLOOR David McCloskey's THE PERSIAN, in which a Persian agent for the Mossad who has been captured by Iranian security forces is compelled to confess his experiences as a spy, which involve not only the security of nations, but revenge, deceit, and the power of love and forgiveness in a world of lies, to Star Lawrence at Norton, in a major deal, in a two-book deal, for publication in fall 2025, by Lisa Erbach Vance at Aaron Priest Literary … read more
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