Briefly Noted | Quercus looks to life after Larsson – FT.com
Lots to read in this article but two particlar notes:
1) Digital revenue now 11% or total revenue
2) ‘non-Larsson’ titles revenue rose 83%
In a sign diversification is working, Quercus on Monday reported that turnover from “non-Larsson” titles rose by 83 per cent year-on-year and now comprise an estimated 80 per cent of total revenues. Full results will not be released until later in the year.
Ebook sales rose from 3 per cent to 11 per cent of total revenues in 2011, and Quercus plans to further boost digital sales to more than one-third of total turnover within the next three years