JK Rowling recorded a disastrous drop in profits due to the Covid-19 pandemic. The author ofHarry Potter, currently at the heart of various controversies around gender issues, about which she has publicly displayed her opinion, faces a drastic reduction in income. The state of its finances, relayed by the press, is the proof!
JK Rowling’s finances impacted
JK Rowling is not only the novelist behind the story of‘Harry Potter, she is also a shrewd businesswoman. The writer has thus created his own production company, Brontë Film and TV, in 2012. But it turns out that between the Covid-19 pandemic (and perhaps also her controversial remarks about trans people), the British author recorded a sharp drop in income. According to our colleagues from Deadline, she suffered a fall 74% of its profits! The fault, among others, with the stopping of the representations of Harry Potter and the Cursed Child in theaters during confinement.
Still according to our colleagues, Brontë Film and TV’s pre-tax profit was 1.8 million pounds (2.04 million euros) between March 2021 and March 2022, compared to 6.9 million pounds (7.8 million euros) during the same period the previous year. A loss of profit that adds to the controversy that JK Rowling has faced for several years, the British author being accused of transphobia. The various calls for a boycott of her work (films, novels and video games combined) launched by the LGBTQ + community and its supporters will undoubtedly not help the novelist to raise the bar.
In its earnings report, Brontë Film and TV explained its decline in profits by “declining revenue streams and profit shares from theater productions that were shut down for much of the period [financière] due to Covid restrictions“.
It remains to be seen whether the year 2023 will be more profitable for him!
Source: Hitek : actualité geek et tests high tech by hitek.fr.
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