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As other publishing houses post record losses, consolidate and lay off employees, Harlequin - the king (or is it queen?) of romance - has something to brag about. Revenues at the romance imprint of Torstar rose 2.2% while operating profit rose from 11.2% in 2008, Publisher's Weekly reports.
And get this: sales were strong in the dreaded fourth quarter, in which revenue jumped 19%.
I guess there's something to be said for pure escapism.
Read more here.
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