Harry Potter publisher Bloomsbury posts highest earnings since 2008 - Business Insider

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Harry Potter publisher Bloomsbury posted its highest earnings since 2008, saying that people are shunning streaming and turning to books during lockdown

Bloomsbury credited its performance to the success of bestsellers including Reni Eddo-Lodge's "Why I'm No Longer Talking to White People about Race," Sarah J. Maas' "Crescent City: House of Earth and Blood," and Kiley Reid's "Such A Fun Age."

The paperback edition of "Harry Potter and the Philosopher's Stone" was the fifth-bestselling children's book of 2020 to date, 23 years after it was first published, it added.that there had been "a real uptake in reading" during lockdown, and that people were perhaps "tired of watching streamed movies which they binged on to begin with.

Sales of both adult and childrens' books grew by roughly equal amounts, it added. Cook books sold well as more people cooked at home, and sales of wildlife books also rose.

 

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