The Bookseller reports that Random House Group UK is understood to have made 45.3m pounds in operating profits in 2006 – marking a 5% lift on the previous year (43m pounds). Annual turnover is understood to have leaped 8% in the period, from 250m pounds to 271m pounds, following organic growth and the acquisition of BBC Books. Chief executive Gail Rebuck said: “Last year  was a surprisingly strong year, characterized by diversification with the acquisition of BBC Books and the growth of our non-fiction publishing; [and] innovation with a range of very successful new authors and investment in our future growth.”
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Starting July 16, workshop your novel in-progress with a published author! Erika Mailman's course will function as a workshop, with the emphasis on sharing your work for review and providing critiques for your peers. By the end of this class you'll have up to 75 pages of you novel workshopped and developed patterns to improve your writing. Register now!