Fifty Shades of Grey Boosts Random House Earnings
Random House posted a 64 percent increase in operating profit for the first half of 2012. According to Variety, the publisher also boasted a 20 percent increase in revenue–rising to $1.2 billion.
Here’s more from the article: “The titillating [50 Shades of Grey] trilogy sold more than 30 million copies between March and June, with sales evenly divided between the trade paperback and e-book editions. The Social Network producers Michael De Luca and Dana Brunetti are producing the big-screen adaptation of Fifty Shades of Grey the first book in the trilogy, for Universal Pictures and Focus Features.”
Random House also credited the growth in eBook sales and the popularity of some of their biggest bestselling authors including George R.R. Martin (A Song of Ice and Fire series), John Grisham (Calico Joe), Gillian Flynn (Gone Girl) and Dr. Seuss (The Lorax).

These days, writers aren’t just writers: They’re social-media mavens, seasoned public speakers, and one-person publicity machines. And they still have to find time to write their books!
A bronze statue of The Lorax has been stolen from the grounds of the late Dr. Seuss‘ San Diego estate. The statue reportedly weighs 300 pounds and stands three feet tall.
The marketing team behind film adaptation of Dr. Seuss‘ The Lorax have made more than 70 deals for promotional product tie-ins.




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