Scholastic cuts losses, looks forward to more Potter

The Scholastic Corporation, US publisher of J.K. Rowling's Harry Potter series, has reported a net loss of US$ 7.7 million for the quarter that ended February 26, 2007, compared to a US$15.5-million loss for the same period last year.
March 22, 2007
About The Author
Gary Rusak is a freelance writer based in Toronto. He has covered the kids entertainment industry for the last decade with a special interest in licensing, retail and consumer products. You can reach him at garyrusak@gmail.com

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