Random House Sales Led By Bestsellers & eBooks

Random House’s revenues for the first half of 2011 earlier were €787 million, down slightly from the company’s revenues in 2010 for the same period which hit €791 million, according to Bertelsmann, the group that owns the publisher. The earnings before interest and taxes (EBIT) was €69 million, up from €40 million. The publisher attributed this favorable EBIT to strong U.S. performance. According...