Anthropic payout piles pressure on UK ministers in AI copyright row Tech The publishing industry has urged ministers to force AI companies to license copyrighted content after Anthropic agreed a record $1.5bn (£1.1bn) settlement over its use of pirated books to train AI models. Dan Conway, chief executive of the Publishers Association, told City AM the agreement should serve as a warning to AI developers operating in [...]
Booktok boosts Bloomsbury again as Sarah J Mass tops bestseller lists Media Bloomsbury has been buoyed by the success of its fantasy-romance list as online discourse fuels mass interest in the books. Sarah J Maas topped bestseller lists again this year with the paperback launch of House of Flame and Shadow in June, following global success with the previous two books in the series. She has now sold [...]
Bloomsbury: Fiction sales boost Harry Potter publisher Retail Harry Potter publisher Bloomsbury said its sales last year were ahead of market expectations and driven by success in its consumer division. Analysts had expected the firm to report a revenue drop of two per cent to £333.4m, as well as a twenty per cent drop in profit before tax of £39.6m in the year ending February [...]
US hedge fund shorts British firms despite aim to ‘save’ UK market February 20, 2025 Activist investor Saba Capital has taken short positions against some key UK companies, including beloved Harry Potter publisher Bloomsbury, despite previously claiming to be the “white knight of the UK market”. The American hedge fund has taken out a 0.95 per cent short position against the £537m publisher, or a roughly £5.1m bet against it. [...]
Harry Potter keeps flying off shelves as Bloomsbury breaks records October 24, 2024 Sarah J. Maas and the still-popular JK Rowling Harry Potter books are set to help publisher Bloomsbury beat expectations, it was announced this morning. In its results for the six months to 31 August, the publishing house told markets consumer revenue was up 47 per cent to £131.3m for the half year, up from £89.4m, [...]
Bloomsbury: London’s literary hub set for £400m revamp July 21, 2024 Bloomsbury is set to get a £400m facelift thanks to a collaboration between some of the area's most influential landowners including Bedford Estates and Kimpton Fitzroy London.
Bloomsbury reckons new acquisition will be ‘game-changing’ for Harry Potter publisher May 29, 2024 The publisher behind Harry Potter books has boosted its academic publishing arm with the $83 (65m) acquisition of Rowman & Littlefield.
Bloomsbury hikes dividend as Harry Potter and Sarah J. Maas titles power profit record May 23, 2024 Consumer revenue increased 49 per cent, fuelled by literary success, in particular by sales of J. Maas's fantasy fiction books.
Numa launches first UK site in Bloomsbury as London’s hotel market picks up steam March 13, 2024 The group operates as a “fully digitalised hospitality platform” according to its website. It provides hotels, serviced apartments and hostels.
Harry Potter publisher Bloomsbury upgrades expectations once again as readers devour fantasy fiction February 14, 2024 Harry Potter publisher Bloomsbury has forecast its full year pre-tax profits to be "significantly ahead" of market expectations.