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Biggest one-day sale in history is loss-leader

23 July 2007

News Review does not usually deal with the same subject in successive weeks, but we have just witnessed the biggest one-day sale of any book in history with Harry Potter and the Deathly Hallows and it is worth reflecting on how this blockbusting saga affects the book world.  Read more

Penguin in trouble

7 March 2005

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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