Book sales at HarperCollins are having a positive impact on its parent company. News Corp’s total revenues for its fiscal 2015 second quarter reached $2.28 billion, up 2 percent from Q2 last year.
According to the media conglomerate, its book publishing business and digital real estate services segments helped drive this growth.
“Our digital personality has evolved quickly, with realtor.com having given us a new and influential platform, digital subscribers on the rise at our news mastheads, robust growth at REA, and healthy e-book sales at HarperCollins,” stated Robert Thomson, News Corp.’ CEO. “The vision we outlined for the company is becoming a reality, and while we have much work ahead, the foundations we have laid over the past 18 months put us in a strong position for enduring success and increased shareholder value.”