Scholastic has never been in better financial shape, tip of the hat to J. K. Rowling, Harry et al.
Publishers Weekly reports that “Harry Potter and the Deathly Hallows came through for Scholastic in the first quarter ended August 31, helping to drive up revenue 75%, to $586.9 million. Hallows, along with the six previous Potter titles, contributed sales of $240 million in the period, propelling revenue in the children’s book publishing and distribution segment to $342.5 million from $112.6 million.”
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