Booksquare

As promised, we have checked out the earnings of another book publisher (something tells us we won’t be doing this too often). Your instincts are correct: the entire article is as dreary as the title suggests. We suggest you skim until you see the words HarperCollins. Something about bestsellers fueling growth. It appears the book industry is not going down the drain, but we do ask that you continue to spend your reading dollars freely (and if you need ideas, please ask. We have no opinions we don’t want to share.).

• News Corporation Reports Third Quarter Operating Income of $838 Million, a 22% Increase, on Revenue Growth of 19%