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John Grisham
Random House sees 'Fifty Shades' of profit, thanks to E.L. James
Random House sees 'Fifty Shades' of profit, thanks to E.L. James

Publishing giant Random House posted record profits last year, Publisher's Weekly reports. Thanks to E.L. James' "Fifty Shades" trilogy, revenue at the Bertelsmann-owned publisher exceeded $420 million in 2012 -- up a staggering 75% from the year before. The erotic tale of a college student and a millionaire with a taste for bondage, "Fifty Shades of Grey" and its sequels "Fifty Shades Darker" and "Fifty Shades Freed," sold over 70 million copies between March and December of 2012, accounting for -- believe it or not -- one out of every 10 books Random House sold in print or online. According to the Guardian, about 50% of these sales were...

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