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HarperCollins’ Revenue Decreased Nearly 20 Percent Last Quarter

hclogod.gifIn an earnings report for the quarter that ended March 31st, 2009, News Corporation reported that HarperCollins’ revenue had declined by nearly 20 percent compared to last year. While the company release blamed “the weakening retail market,” it also recorded a $30 million charge resulting from the company’s massive layoffs and consolidation earlier this year.

The release noted that “Act Like a Lady, Think Like a Man” by Steve Harvey and “The Graveyard Book” by Neil Gaiman had posted strong sales for the company, with seven books reaching number one on The New York Times bestseller list during the quarter.

CEO Rupert Murdoch reflected on his company’s overall performance: “Our third quarter results directly reflect the continuing weakness of the global economic climate … We continued to make necessary operational adjustments to ensure our businesses are performing at optimum levels. We are working daily to increase market share and strengthen our core businesses, even in this very challenging environment.”

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Lauren Berger Writes New Book for Young People Entering "Real World"

Lauren Berger Welcome to the Real WorldCareer Expert, Lauren Berger, releases her second book, Welcome to the Real World: Finding Your Place, Perfecting Your Work, and Turning Your Job Into Your Dream Career (Harper Business), on April 22nd. In this book, Berger shares everything she wishes someone told her after graduation. Her book is the essential guide to anyone starting their first, second, or third job. She encourages readers to be fearless, step outside of their comfort zones, and go after what they want.