Profits down at Random House

Monday, 24 March 2008 Books+Publishing

Random House Australia'sÿparent company Bertelsmann has reported a decline in profit for 2007, but the publisher's results in Australia 'wereÿstrong in 2007 andÿin line withÿexpectations,' according to Random House Australia's managing director Margie Seale. 'In addition to an excellent international list,ÿ2007 saw significantÿgrowth in our Australian publishing program,' Seale told...