Publishers react to sterling slump.
The article reports on the difficulties multinational publishers face as the British pound depreciates against the U.S. dollar, in addition to the increasing cost of paper and declining consumer demand. The tactic of currency hedging used by some publishers is discussed. Firms mentioned include Harl...
| Publicado en: | Bookseller no. 5356; p. 6 |
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| Formato: | Artículo |
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Bookseller Media Ltd
10/31/2008
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| Acceso en línea: | Ver este registro en EBSCOhost |
| Sumario: | The article reports on the difficulties multinational publishers face as the British pound depreciates against the U.S. dollar, in addition to the increasing cost of paper and declining consumer demand. The tactic of currency hedging used by some publishers is discussed. Firms mentioned include Harlequin Mills & Boon, Simon & Schuster, and Pearson. |
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