Inside the Australian and New Zealand book industry

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Profit up, sales down for Book Depository following Amazon acquisition

The Book Depository’s pre-tax profit has surged since it was acquired by Amazon in 2011, reports the Bookseller. In its first financial statement released since the acquisition, the Book Depository recorded a pre-tax profit of £15.3 million (A$25 million) in 2012, compared to £2.9 million (A$4.7 million) in the 18 months to...

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Category: International news