Monday, July 31, 2006

LexisNexis and Thomson Gale -- At Your (Private) Service

Reed Elsevier and the Thomson Corp. -- two cornerstone defendants in the UnSettlement -- "pointed to digital initiatives" as factors in their growth, Publishers Weekly reported. (PW, of course, is itself owned by Reed Elsevier.)

In the first half of 2006, total revenue at Reed rose 8%, and operating profit surged 16%, to $632 million. The numbers were similar at Thomson: six-month revenue growth of 7%, operating profit increase of 16%, to $447 million.

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