Book sales update: Big Five do well on profits

HarperCollins, Penguin Random House, and Lagardère (parent company of Hachette) have all seen increased profits in the first half of 2024, partly due to job cuts. HarperCollins profits are up 4.4 percent; Lagardère profits are up 39.5 percent; and PRH profits are up 9.5 percent. Learn more.