Quote:
Originally Posted by Nate the great
The Guardian is reporting:
Bloomsbury’s profits have dropped so much in the past year that they’re going to reprint the series with new covers. I give it 18 months before Rowling is bullied into allowing ebooks. |
Bullied how? Rowling is already a billionaire from Harry Potter sales. What can they do to get her to relent?
(I'd try to amass statistics demonstrating the number of younger readers reading ebooks, and do my best to convince her she was depriving the audience she wrote the books for of opportunities to read the books in another format they liked.)
And Bloomsbury is recapitulating Scholastic. The US President of Scholastic resigned several years back because revenues and profits were way down. Why? Because the then next Harry Potter book was late, and the revenues would not count in that year's results, leading to a huge blip in their financials.
If all your eggs are in one basket...
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Dennis