Bloomsbury sees higher profits thanks to reading 'ray of sunshine'
24/03/2021 | news | business | 41
The Harry Potter publisher expects a jump in profits after books provided a "ray of sunshine during dark year".
1
24/03/2021 13:20:07 8 5
bbc
BBC take that good news article down immediately !! ;-)))
2
24/03/2021 13:21:14 14 2
bbc
Good to hear. Even better to here they've paid back support too. Now we shall sit back and await the relentless stream of negativity.
3
MVP
24/03/2021 13:24:04 4 17
bbc
These profits just show how much the public is over charged for books.

How many more people would have picked up a book and improved their mind during the pandemic if the publishers had charged a fairer price for books?
4
24/03/2021 13:34:10 20 3
bbc
Are you just one of these people who can never see anything in a positive light?

It's hardly a massive profit, it probably adds a few pence to each individual sale, hardly enough to make a difference to how many people picked up a book.

The whole point of a company is to make a profit.

Stop moaning, look in the mirror, laugh at your ridiculous negativity and you might find peace in life.
5
24/03/2021 13:35:35 5 1
bbc
And here comes that negativity. So people aren't allowed to make a fair return? What fair price would you propose - 50p per book?
6
24/03/2021 13:57:23 5 2
bbc
And when Amazon do just that, they're undercutting everyone and need taxing out of existence. Make your mind up.
36
25/03/2021 09:03:32 0 0
bbc
Amazon Unlimited is like a lending library, you pay for the service and read as much as you like of eligible books without further charges.
3
MVP
24/03/2021 13:24:04 4 17
bbc
These profits just show how much the public is over charged for books.

How many more people would have picked up a book and improved their mind during the pandemic if the publishers had charged a fairer price for books?
4
24/03/2021 13:34:10 20 3
bbc
Are you just one of these people who can never see anything in a positive light?

It's hardly a massive profit, it probably adds a few pence to each individual sale, hardly enough to make a difference to how many people picked up a book.

The whole point of a company is to make a profit.

Stop moaning, look in the mirror, laugh at your ridiculous negativity and you might find peace in life.
3
MVP
24/03/2021 13:24:04 4 17
bbc
These profits just show how much the public is over charged for books.

How many more people would have picked up a book and improved their mind during the pandemic if the publishers had charged a fairer price for books?
5
24/03/2021 13:35:35 5 1
bbc
And here comes that negativity. So people aren't allowed to make a fair return? What fair price would you propose - 50p per book?
3
MVP
24/03/2021 13:24:04 4 17
bbc
These profits just show how much the public is over charged for books.

How many more people would have picked up a book and improved their mind during the pandemic if the publishers had charged a fairer price for books?
6
24/03/2021 13:57:23 5 2
bbc
And when Amazon do just that, they're undercutting everyone and need taxing out of existence. Make your mind up.
7
MVP
24/03/2021 13:59:31 2 10
bbc
I've just looked at the Bloomsbury website.

It says "we are unfortunately unable to mail print formats of the Annual Report & Accounts for the financial year ending 29 February 2020 unless you are a shareholder and had specifically opted to receive a printed copy of the Report prior to 18 June 2020. We apologise for any inconvenience this may cause."

And they are supposed to be a publisher?
8
24/03/2021 14:15:01 15 4
bbc
People with poor grammar and punctuation are not commenting on this story. Fancy that!
12
24/03/2021 14:45:32 3 17
bbc
Perhaps they are too busy earning a living and keeping the country going. Book readers think they are intelligent and abover eveyone else but they are not. They are just consuming someone elses hard work and believe that the author's talent will somehow be absorbed into themselves.
9
24/03/2021 14:27:18 15 2
bbc
Books are BRILLIANT.

So far, I've read about 30 during lockdown.

But no doubt anti-intellectuals will be along shortly, to attack knowledge. Or to complain about "woke" authors, or some such far right twaddle.
10
24/03/2021 14:29:16 22 1
bbc
Time spent reading is never wasted.
11
24/03/2021 14:45:00 15 6
bbc
I don't know about that. Having read a few rants from the far right on HYS I'd have to disagree!
10
24/03/2021 14:29:16 22 1
bbc
Time spent reading is never wasted.
11
24/03/2021 14:45:00 15 6
bbc
I don't know about that. Having read a few rants from the far right on HYS I'd have to disagree!
8
24/03/2021 14:15:01 15 4
bbc
People with poor grammar and punctuation are not commenting on this story. Fancy that!
12
24/03/2021 14:45:32 3 17
bbc
Perhaps they are too busy earning a living and keeping the country going. Book readers think they are intelligent and abover eveyone else but they are not. They are just consuming someone elses hard work and believe that the author's talent will somehow be absorbed into themselves.
14
24/03/2021 15:29:52 10 0
bbc
Cheer up. Books are excellent. And book publishing contributes to national GDP (look it up if you don't know what that means).

Down with anti-intellectuals.
15
24/03/2021 15:35:54 10 0
bbc
Dear oh dear oh dear you really are suffering from lockdown syndrome, think you need to get out and have a long walk put in those 10k steps then come back and read a book like Ken Follett’s The Pillars Of The Earth or Cixin Liu’s Remembrance of Earth’s Past Trilogy, both books are literally worlds apart, pure escapism to calm a troubled mind??
16
24/03/2021 15:47:01 10 0
bbc
have you not heard of fiction? what's that got to do with intellectualism? escapism, enjoyment, imagination.... no doubt all lost on you. The most puerile comment I've seen on HYS for a long while
21
24/03/2021 17:12:43 7 0
bbc
"They are just consuming someone elses hard work"

So reading is a waste of time, but you accept that writers put a lot of effort in...

Say "Hi" to Big Billy Goat Gruff for me, when he's finished chasing you around your bridge!
28
24/03/2021 19:41:23 6 0
bbc
What a sad point of view. I have been a avid reader even when I was busy earning a living. I don't think my intelligence is higher than average, (never checked). I read an author's work because I believe he/she may have something to say, or maybe just for shear escapism and just for fun.
13
24/03/2021 15:17:12 15 1
bbc
Is there much better enjoyment than a good book, while somewhere warm and comfy?
For me, it has to be a physical book - it feels more involving than a digital alternative.
23
24/03/2021 17:18:53 9 0
bbc
"it feels more involving than a digital alternative."

Absolutely, but we've already moved house once to make room for even more books :-)

So e-books do have their place, but I'm really looking forward to being able to get to Hay-on-Wye to buy more real books from real bookshops I can browse through!
12
24/03/2021 14:45:32 3 17
bbc
Perhaps they are too busy earning a living and keeping the country going. Book readers think they are intelligent and abover eveyone else but they are not. They are just consuming someone elses hard work and believe that the author's talent will somehow be absorbed into themselves.
14
24/03/2021 15:29:52 10 0
bbc
Cheer up. Books are excellent. And book publishing contributes to national GDP (look it up if you don't know what that means).

Down with anti-intellectuals.
12
24/03/2021 14:45:32 3 17
bbc
Perhaps they are too busy earning a living and keeping the country going. Book readers think they are intelligent and abover eveyone else but they are not. They are just consuming someone elses hard work and believe that the author's talent will somehow be absorbed into themselves.
15
24/03/2021 15:35:54 10 0
bbc
Dear oh dear oh dear you really are suffering from lockdown syndrome, think you need to get out and have a long walk put in those 10k steps then come back and read a book like Ken Follett’s The Pillars Of The Earth or Cixin Liu’s Remembrance of Earth’s Past Trilogy, both books are literally worlds apart, pure escapism to calm a troubled mind??
12
24/03/2021 14:45:32 3 17
bbc
Perhaps they are too busy earning a living and keeping the country going. Book readers think they are intelligent and abover eveyone else but they are not. They are just consuming someone elses hard work and believe that the author's talent will somehow be absorbed into themselves.
16
24/03/2021 15:47:01 10 0
bbc
have you not heard of fiction? what's that got to do with intellectualism? escapism, enjoyment, imagination.... no doubt all lost on you. The most puerile comment I've seen on HYS for a long while
17
24/03/2021 15:48:52 7 3
bbc
Lets hope sales of Nineteen Eighty-four have been going up and encouraging readers to see the dangers of keeping this last year going on any further.
18
MVP
24/03/2021 16:24:53 4 8
bbc
Last year, Bloomsbury asked staff to take pay cuts of over £700,000. I wonder why this has not been mentioned in this story?

And it is hardly good news for the book buying public that they have been over charged to this extent.
24
24/03/2021 17:21:15 6 0
bbc
Which competitor do you work for?
19
24/03/2021 16:24:53 13 0
bbc
I have read at least 1 book per week during the last year. many classics included along with thrillers and others.The charity shops will do well when they reopen.
20
MVP
24/03/2021 16:31:13 3 10
bbc
Apart from Harry Potter there is little in the Bloomsbury back catalog of any note. It is all self help manuals and cookery books.

I would prefer to support a publisher that genuinely cares about promoting new talent rather than pandering to the whims of the stock markets to make ever increasing profits.
22
24/03/2021 17:15:18 13 0
bbc
No-one -makes- you buy Bloomsbury books, oh miserable one!

There are a lot of small presses out there nowadays producing all sorts of interesting stuff from new authors, as real books....
12
24/03/2021 14:45:32 3 17
bbc
Perhaps they are too busy earning a living and keeping the country going. Book readers think they are intelligent and abover eveyone else but they are not. They are just consuming someone elses hard work and believe that the author's talent will somehow be absorbed into themselves.
21
24/03/2021 17:12:43 7 0
bbc
"They are just consuming someone elses hard work"

So reading is a waste of time, but you accept that writers put a lot of effort in...

Say "Hi" to Big Billy Goat Gruff for me, when he's finished chasing you around your bridge!
20
MVP
24/03/2021 16:31:13 3 10
bbc
Apart from Harry Potter there is little in the Bloomsbury back catalog of any note. It is all self help manuals and cookery books.

I would prefer to support a publisher that genuinely cares about promoting new talent rather than pandering to the whims of the stock markets to make ever increasing profits.
22
24/03/2021 17:15:18 13 0
bbc
No-one -makes- you buy Bloomsbury books, oh miserable one!

There are a lot of small presses out there nowadays producing all sorts of interesting stuff from new authors, as real books....
13
24/03/2021 15:17:12 15 1
bbc
Is there much better enjoyment than a good book, while somewhere warm and comfy?
For me, it has to be a physical book - it feels more involving than a digital alternative.
23
24/03/2021 17:18:53 9 0
bbc
"it feels more involving than a digital alternative."

Absolutely, but we've already moved house once to make room for even more books :-)

So e-books do have their place, but I'm really looking forward to being able to get to Hay-on-Wye to buy more real books from real bookshops I can browse through!
18
MVP
24/03/2021 16:24:53 4 8
bbc
Last year, Bloomsbury asked staff to take pay cuts of over £700,000. I wonder why this has not been mentioned in this story?

And it is hardly good news for the book buying public that they have been over charged to this extent.
24
24/03/2021 17:21:15 6 0
bbc
Which competitor do you work for?
25
24/03/2021 17:23:43 10 0
bbc
Yes, itis very encouraging that the public has continued to read throughout the lockdowns. The Reading Agency and World Book Day have both promoted reading. Bloomsbury has capitalised on the international success of the Harry Potter books. Penguin, Pearson and Harper Collins are well placed to move into a new reading market in the UK and abroad. Second-hand books sales are growing as well.
26
24/03/2021 18:11:53 9 0
bbc
One of our greatest gifts being able to read. Let's hope this is a sign that reading books, manuals, even magazines once again becomes a popular source of entertainment. However the written word presents itself embrace it.
27
24/03/2021 19:17:13 4 6
bbc
Be careful Bloomsbury, Labour will be demanding that you pay a windfall tax for profiteering during the pandemic.
33
25/03/2021 08:21:17 1 0
bbc
As opposed to Tory book burning ?
12
24/03/2021 14:45:32 3 17
bbc
Perhaps they are too busy earning a living and keeping the country going. Book readers think they are intelligent and abover eveyone else but they are not. They are just consuming someone elses hard work and believe that the author's talent will somehow be absorbed into themselves.
28
24/03/2021 19:41:23 6 0
bbc
What a sad point of view. I have been a avid reader even when I was busy earning a living. I don't think my intelligence is higher than average, (never checked). I read an author's work because I believe he/she may have something to say, or maybe just for shear escapism and just for fun.
29
bdp
24/03/2021 20:18:28 4 9
bbc
To think they might have made more profits if the book Industry actually started to pay for adverts like every other area of commercial society has to. Instead of relying of free publicity and plugging especial on the BBC that should not be advertising at all.
37
25/03/2021 09:09:42 0 0
bbc
So the BBC can't have business pages, because any mention of a company -must- be advertising...

And I'm sorry to ruin your rant a second time, but publishers do spend a lot of money on advertising, just like other businesses!

But rant away, and I'll carry on laughing.
30
JCB
25/03/2021 07:04:50 2 1
bbc
'Reader's Bill of Rights'

1. The right to not read

2. The right to skip pages

3. The right to not finish

4. The right to reread

5. The right to read anything

6. The right to escapism

7. The right to read anywhere

8. The right to browse

9. The right to read out loud

10. The right to not defend your tastes”

- Daniel Pennac
31
JCB
25/03/2021 07:09:39 3 0
bbc
Books allow you to immerse yourself in everything possible or impossible, without getting your feet dirty or becoming collateral damage.
32
25/03/2021 08:21:11 4 1
bbc
Escapism
34
25/03/2021 08:53:45 1 1
bbc
Kerygma.
27
24/03/2021 19:17:13 4 6
bbc
Be careful Bloomsbury, Labour will be demanding that you pay a windfall tax for profiteering during the pandemic.
33
25/03/2021 08:21:17 1 0
bbc
As opposed to Tory book burning ?
38
25/03/2021 09:13:00 0 0
bbc
Fahrenheit 451, anybody? :-)
32
25/03/2021 08:21:11 4 1
bbc
Escapism
34
25/03/2021 08:53:45 1 1
bbc
Kerygma.
35
25/03/2021 09:00:32 4 1
bbc
I read all the time, have done since I was 7. Summer a bit less, more time outside, more to do. This winter TV was so abysmal I spent more time reading than usual. Made me realise how much TV I used to have in the background without really watching it (Breakfast etc. just background noise). Now turning off TV when reading, better quality of life.
3
MVP
24/03/2021 13:24:04 4 17
bbc
These profits just show how much the public is over charged for books.

How many more people would have picked up a book and improved their mind during the pandemic if the publishers had charged a fairer price for books?
36
25/03/2021 09:03:32 0 0
bbc
Amazon Unlimited is like a lending library, you pay for the service and read as much as you like of eligible books without further charges.
29
bdp
24/03/2021 20:18:28 4 9
bbc
To think they might have made more profits if the book Industry actually started to pay for adverts like every other area of commercial society has to. Instead of relying of free publicity and plugging especial on the BBC that should not be advertising at all.
37
25/03/2021 09:09:42 0 0
bbc
So the BBC can't have business pages, because any mention of a company -must- be advertising...

And I'm sorry to ruin your rant a second time, but publishers do spend a lot of money on advertising, just like other businesses!

But rant away, and I'll carry on laughing.
33
25/03/2021 08:21:17 1 0
bbc
As opposed to Tory book burning ?
38
25/03/2021 09:13:00 0 0
bbc
Fahrenheit 451, anybody? :-)
39
25/03/2021 12:53:35 1 0
bbc
A comfy chair, a cup of coffee and a good book. Bliss.
40
25/03/2021 16:12:04 0 0
bbc
E-Books much better
41
25/03/2021 18:15:07 0 0
bbc
They make you look cultured when you put them on a shelf behind you for zoom meetings.