HarperCollins Revenues Up, with 'Record' E-Book, 'Strong' Backlist Sales

Revenues in the first quarter ended September 30 for News Corp.--owner of HarperCollins, Dow Jones, newspapers around the world, digital real estate services, and more--rose 3%, to $2.58 billion, and net income more than doubled, to $144 million, from $58 million.

The company noted the book publishing revenues grew 4% in the quarter, and segment EBITDA increased 25%, "driven by record digital book sales, which grew 15%, and strong backlist performance."

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