Bloomsbury’s profits rise as latest ‘Crescent City’ novel tops charts | World News – Business Standard ...Middle East

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Bloomsbury’s profits rise as latest ‘Crescent City’ novel tops charts | World News – Business Standard
Bloomsbury Publishing forecast annual profit and revenue “significantly ahead” of market expectations on Wednesday, partly buoyed by robust sales of the latest fantasy title in the Crescent City series by Sarah J. Maas.   Shares in the FTSE Small Cap firm rose about 9 per cent to a record high of 534 pence in early trade.   The publisher has benefited from the popularity of fantasy fiction around the world in recent years as readers increasingly pick up novels by popular authors in the genre such as Maas and J.K. Rowling.   Bloomsbury, best known for picking up Rowling’s Harry Potter series in 1997 after it was rejected by a dozen other publishers, said Maas’ novel “House

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