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The National (Scotland)
The National (Scotland)
National
Hamish Morrison

Profits of JK Rowling's digital publisher plunge by 40 per cent

Harry Potter Bookseller Pottermore Publishing

JK ROWLING’S digital publisher responsible for Harry Potter e-books and audio books has seen its profits plunge by 40%.

Pottermore Publishing told The Bookseller, a trade publication for the publishing industry, pre-tax profits had fallen by 40% to £5.7 million in the 12 months to March 31, 2022 because of the “unwinding of the Covid sales bounce during lockdown”.

The firm posted “exceptional” profits in 2021, with takings up 150% to £9.5m, the publication reported.

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