Fifty Shades Sees Publisher In Rude Heath

Random House has said the Fifty Shades trilogy - its fastest-ever selling series - helped boost its revenue by more than 20% last year.

The publisher sold more than 70 million copies of EL James' erotic novels in print, audio and e-book format in English, German and Spanish.

Its popularity helped the company report a record financial year for 2012, with revenues up 22.5% at 2.1bn euros (£1.78bn).

"The world's leading trade publishing group harnessed the power of its content portfolio, most notably the Fifty Shades trilogy," the publisher's parent company Bertelsmann said in a statement.

Random House said it published 28 UK number one bestsellers and almost a quarter of all titles on the Sunday Times bestseller list last year.

It also named Lee Child's A Wanted Man, Rod Stewart's autobiography and Private Games by James Patterson as popular titles.

But despite strong sales at Random House, Bertelsmann's profit rose only slightly, to 619m euros (£525m), from 612m euros the year before.

The German media group also warned of a possible fall in earnings looking ahead.

"Given the low overall economic growth in the euro region... and increased investments, we expect a stable or slightly declining business performance in 2013," said chief executive Thomas Rabe.

Last year, Bertelsmann and Pearson announced plans to merge Random House and Penguin to create the world's leading publisher.

If approved by regulators, the deal is expected to be finalised later this year.

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