The Penguin Group worldwide suffered a 41 per cent fall in profits in 2004. Its parent company Pearson saw an improvement in results both for the Financial Times and for its core educational business, fuelling probably unfounded rumours that Pearson might be looking to sell the 70-year-old publisher. Read more
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Do genre writers receive adequate respect from the literary establishment?
‘Everything's upside down. They assume that to do something that appeals to a huge audience is somehow easier than to do something that appeals to a tiny audience. Because we do a book a year people think you just crank a handle and out it comes. All my peers are smart, intelligent, well-informed, interested in the world; everybody puts in a huge amount of effort. It's not easy to do. Read more