Faber & Faber enjoys story of its success as profits jump
Friday 04 October 2013
It is a far cry from the spartan poetry of TS Eliot but booming sales of Tom Bower’s juicy biography of X Factor impresario Simon Cowell have helped push Faber & Faber’s profits up fourfold.
The book publisher, which dates back to 1929, hailed a “record result” with a pre-tax profit of £2.1 million on sales of £20 million in the year to March.
Other hits included Michael Frayn’s novel Skios, PD James’s thriller Death Comes to Pemberley and 1,227 QI Facts to Blow Your Socks Off, a spin-off of the highbrow TV quiz show starring Alan Davies and Stephen Fry.
Chief executive Stephen Page said he was building “a 21st century incarnation” of Faber as it diversifies with a creative writing school, a business that sells books on behalf of other publishers, and Drama Online. The families of TS Eliot and Faber founder Geoffrey Faber still own the firm.
- 1 The BBC has just done more to eradicate ‘terrorism’ than all our wars since 9/11
- 2 Dog thinks owner is drowning in lake, dives in and tries to pull him out
- 3 Thank heavens for Louise Mensch and her foul-mouthed tweets to world leaders
- 4 Saudi preacher who 'raped and tortured' his five -year-old daughter to death is released after paying 'blood money'
- 5 Phil Neville backtracks on Tomas Rosicky 'I'd smash him' comments from Match of the Day 2
Saudi preacher who 'raped and tortured' his five -year-old daughter to death is released after paying 'blood money'
Greece elections: Greek PM Alexis Tsipras takes aim at 'neo-liberal' Europe as country gears up for prolonged austerity battle
Auschwitz liberation 70th anniversary: Woman sent to three Nazi death camps describes surviving gas chamber
Prince Philip set to be knighted by Australia: Celebrate by reading his greatest gaffes
New York snow: Winter Storm Juno downgraded as 'one of the largest snowstorms in history' fails to show
'We would evict Queen from Buckingham Palace and allocate her council house,' say Greens
French court convicts three over homophobic tweets, in case hailed as a 'significant victory' by LGBT rights campaigners
Greece elections: Syriza and EU on collision course after election win for left-wing party
British Muslim school children suffering a backlash of abuse following Paris attacks
Islamic history is full of free thinkers - but recent attempts to suppress critical thought are verging on the absurd
Leaked documents show Ukip leaders approve NHS privatisation once it becomes more 'acceptable to the electorate'
iJobs Money & Business
£30000 - £32000 per annum + benefits : Ashdown Group: A highly successful, int...
£18000 - £20000 per annum: Recruitment Genius: This rapidly expanding business...
£25 - 28k + Bonus: Guru Careers: An In-house / Internal Recruiter is needed to...
Negotiable: Recruitment Genius: A Tax Assistant is required to join a leading ...