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...

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Bibliographic Details
Published in:Bookseller no. 5356; p. 6
Main Author: Neilan, Catherine
Format: Article
Published: Bookseller Media Ltd 10/31/2008
Subjects:
Online Access:View this record in EBSCOhost
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        Publishing & economics
        Pound sterling
        U.S. dollar
        International business enterprises
        Economic conditions in Great Britain, 1997-
        United Kingdom
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          Publishing & economics
          Pound sterling
          U.S. dollar
          International business enterprises
          Economic conditions in Great Britain, 1997-
      ab: 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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    language: English
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