Bloomsbury Publishing: Surging Profits Amid Lockdowns
Bloomsbury Publishing has achieved unprecedented profits in the past year, largely due to a surge in reading during the COVID-19 lockdowns.
The renowned publisher, famous for the Harry Potter series, reported a 14% increase in sales, totaling £185 million, with profits rising by over 20% to reach £19.2 million by the end of February.
According to Chief Executive Nigel...