J.K. Rowling’s Pottermore sees profit in current fiscal year


Steady income: People wearing Harry Potter costumes gather for a global fan event to preview the film written by British author J. K. Rowling ‘Fantastic Beasts and Where to Find Them’ in London. In addition to her royalties from books and films, Rowling has retained e-book and audio book publishing rights to the Harry Potter books, which she sells through Pottermore.com. — EPA

FRANKFURT: Pottermore, J.K. Rowling’s digital publishing company, expects to turn a profit in its current fiscal year, buoyed by rising sales of audio books and new e-books that build on the nearly 20-year-old Harry Potter franchise, the company said.

Launched as a fan community site in 2012, Pottermore has evolved from a self-publishing site for one of the world’s most popular authors into a firm that sells increasing volumes of e-books and audio books via partnerships with online retailers.

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