Posted: 06 November 2007 at 11:33pm | IP Logged | 4
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"How well they're doing" is relative. Most of their books would still have been canceled when I started in the Bizniz. A decade or two of diminished expectations have caused people now to rejoice over sales that would have been deemed dismal failures not so very long ago. *****
Numbers and profits are two different things. I may be selling two hundred thousand issues and taking home one penny a piece, or I could be selling fifty thousand issues and taking home five cents a piece. Which would you rather have?
I have tried and tried to find operating margin information from the 1980s and have been unable to find anything. If anyone can find this, I would love to see it.
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