Bloomsbury hoping JK Rowling will weave more magic
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By Staff
But now the publishers are facing a big dent in sales without any new adventures of the boy wizard. The company is banking on Rowling's new book, 'Tales of Beedle the Bard', which they hope will be a big hit for Christmas when it is released in December.
Bloomsbury's profits fell by almost a fifth to 42m pounds in the first six months of the year, but cost cutting and a lower tax bill meant profits rose six per cent to 3.5m pounds.
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Story first published: Monday, September 1, 2008, 15:05 [IST]
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