Making Connections
November 7: HarperCollins reports on a “lousy quarter”, as last year’s sales fell 6% and earnings dropped 21% in the first quarter, and in the
period ended September 30 this year sales fell 11.5%, to $330 million,
and operating income plunged 52.8%, to $36 million.
November 13: Judith Regan files a $100 million lawsuit against her former employers, CEO Jane Friedman and parent company News Corp., accusing the parties of “willfully, systematically and maliciously
defaming Regan” on 24 causes of action.
Sometime before the end of 2007: Settlement in the works.