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Random House’s Strong Half-Year Results Driven By ‘Dragon Tattoo’ Sales

Mike Fleming

Anyone who doubts the potential of Sony Pictures Entertainment’s The Girl With The Dragon Tattoo need look no further than how the half-year earnings of Bertselmann and its Random House division were positively impacted by the sales of the Millennium novel trilogy by the late Stieg Larsson. Bertelsmann issued its half-year report this morning, and cited the performance by Random House as a big reason for its own record half-year results.  According to a letter sent company-wide by Random House chairman/CEO Markus Dohle, the publisher’s sales were up nearly 8%, and profit doubled to around $50 million on revenues close to $1 billion, despite a shaky economy.

The reason? Dohle singles out the sales of the Larsson trilogy, which Random House publishes in the U.S. and Germany. “Their cumulative 6.5 million-copy impact on our overall half-year figures is substantial, and Larsson’s print and digital sales continue to skyrocket,” Dohle writes in the memo. “Stieg Larsson is the first author ever to sell one million e-books on the Kindle. This additional e-book revenue and readership opportunity is just one of the many reasons we are so excited about our robust digital-publishing momentum.”

The e-book results for the half year are showing how important digital sales are becoming to the bottom line of all publishing houses. Dohle said worldwide digital sales are on course to exceed $100 million. The first half results were up 300% for Random House in the U.S. A majority of … Read More »

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Sony Starts Talks With Steve Zaillian To Script ‘The Girl Who Played With Fire’

Mike Fleming

EXCLUSIVE: Sony Pictures Entertainment has begun deal talks with Steve Zaillian to adapt The Girl Who Played With Fire, the second installment of the Millennium Trilogy of crime novels written by Stieg Larsson. Zaillian adapted The Girl With The Dragon Tattoo, which SPE puts into production this fall after director David Fincher and producer Scott Rudin end the well-publicized search for an actress to play the troubled genius computer hacker Lisbeth Salander. Like Daniel Craig, that actress will sign a deal with two options covering The Girl Who Played With Fire and The Girl Who Kicked The Hornet’s Nest. Craig is playing journalist Mikael Blomkvist.
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