Via the Bookseller, "Quercus Publishing has set out to reach annual sales of £20m in three years, as it aims to grow from a small publisher to a medium-sized one. Results put out today showed that the company saw sales rise a massive 140% in 2007, with trade sales up by 194%, thanks to its two prize winning authors, Stef Penney and Peter Temple." The company's chief executive, Mark Smith, said: "This has been a transformational year for Quercus, with both our Contract and Trade Divsions contributing handsomely to revenue growth of 140% over the prior year. The board believes that Quercus is now well placed for further growth and over the next three years the group will continue to evolve, build the publishing programmes..." etc. That last part, about the publishing programmes, is very good news for us readers, as Quercus produces some jolly good books by authors including Michael Walters, Colin Cotterill, Adrian Hyland, Martin Walker and many others (see Euro Crime or Petrona for reviews).
I can, incidentally, exclusively reveal that Mr Smith is a very forward-thinking person, being kind enough recently to listen to a rhapsody by me on the subject of blogging, as a result of which he and his esteemed colleague Iain Miller are now in receipt of Petrona's List (for those not reading in RSS, see left-hand sidebar "great crime fiction blogs").
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