News Corp: HarperCollins And Amazon Ink A Multiyear Publishing Deal |
| April 16, 2015 | April 2015 Bond Updates |
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The new deal for print as well as digital titles will allow HarperCollins to set the retail prices for its e-books. This is a positive development for the publisher primarily due to the pricing power that it will have over its titles. Book publishing revenues have grown at a steady pace in the recent past and now account for close to 20% of News Corp's overall revenues. We continue to believe that higher e-book sales will drive segment revenues in the coming years. |
| View more at: http://www.forbes.com/sites/greatspeculations/2015/04/15/news-corp-harpercollins-and-amazon-ink-a-multiyear-publishing-deal/ |
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