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Fortune

Prarthana Prakash

Books cheaper than Netflix, says Bloomsbury CEO on 'best performance ever'

Bloomsbury Netflix Nigel Newton Disney United Kingdom

A lady browsing through a book at a bookstore (Credit: ViktorCap—Getty Images)

Old-school books are making a comeback.

U.K.-based Bloomsbury Publishing reported record annual sales and profit Wednesday, crediting them to the return of hardcovers and paperbacks as a replacement for more expensive forms of entertainment.

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One subscription that gives you access to news from hundreds of sites

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