Online retailers such as Amazon, Tesco and Waterstone’s are still selling books, while Bloomsbury has its own website, he says.
Audio books are doing well and e-books are coming into their own, but prior to the lockdown some 79% of its income came from print sales.
The Harry Potter publisher has just raised £8.4mln as a cash buffer to get it through the coronavirus crisis and wants permission to pay its final dividend in shares as a scrip issue.
If approved, it will be the 25th year running it has increased the payout, said Newton.
Published at Wed, 22 Apr 2020 14:44:00 +0000-Bloomsbury Publishing PLC says it still has routes to market even with bookshop shutdowns