ad 214 titles on the New York Times print and digital bestseller lists, with 15 titles, including Divergent (series) by Veronica Roth, Heaven is For Real by Todd Burpo with Lynn Vincent, Yes Please by Amy Poehler, The Heist by Daniel Silva, American Sniper by Chris Kyle with Scott McEwen & Jim De Felice and The Promise by Robyn Carr. HarperCollins sells print and digital books to a customer base that includes global technology companies, traditional brick and mortar booksellers, wholesale clubs and discount stores, including Amazon, Apple, Barnes & Noble, and Tesco. Revenues at the Book Publishing segment are affected by the timing of releases and the number of HarperCollins’ books in the marketplace, and are typically highest during the company’s second fiscal quarter due to increased demand during the end-of-year holiday season in its main operating geographies. Competition HarperCollins competes with other major publishers, such as Penguin Random House, Simon & Schuster, and Hachette Livre. Digital Real Estate Services segment This segment consists of its 61.6% interest in REA Group Limited (REA Group) and its 80% interest in Move, Inc. (Move). The remaining 20% interest in Move is held by REA Group. REA Group REA Group is a multinational digital advertising business specializing in property. REA Group operates Australia’s major residential and commercial property Websites, realestate.com.au and realcommercial.com.au, as well as European property sites and Chinese property site myfun.com. REA Group’s Australian operations include realestate.com.au and realcommercial.com.au, as well as its media and property related services business, serving the display media market and markets adjacent to property. Realestate.com.au and realcommercial.com.au together had approximately 26.1 million main site visits and 11.6 million mobile site visits on average each month for the year ended June 30, 2015. Realestate.com.au and realcommercial.com.au also record approximately 10.6 million average monthly mobile application visits based on Adobe Omniture SiteCatalyst monthly site visits for the same period. Realestate.com.au derives the majority of its revenue from its core property advertising listing products and monthly advertising subscriptions from real estate offices. Realestate.com.au offers a product hierarchy, which enables real estate agents to upgrade listing advertisements to increase their prominence on the site, as well as various targeted products, including media display advertising products for real estate agents, commercial developers, and other advertisers, such as financial institutions. Realcommercial.com.au generates revenue through three main sources, such as agent subscriptions, agent branding and listing products. The media business offers advertising opportunities on both realestate.com.au and realcommercial.com.au, as well as through mobile advertisement placements. Revenue from this business is generated primarily from agents, commercial developers, and financial institutions. REA Group’s international operations include property sites in Europe and Asia. Its Italian property site, casa.it, has approximately 9.6 million visits on average each month based on Adobe Omniture SiteCatalyst monthly site visits for the year ended June 30, 2015. REA Group also operates sites in Luxembourg and regions of France, including atHome.lu, atOffice.lu, and immoRegion.fr. These sites have approximately 1.0 million visits combined on average each month based on Adobe Omniture SiteCatalyst monthly site visits for the year ended June 30, 2015. In Asia, REA Group operates a Chinese site, myfun.com, which showcases Australian property listings to Chinese property seekers. Myfun.com has approximately 73,000 visits on average each month based on Adobe Omniture SiteCatalyst monthly site visits for the year ended June 30, 2015. As of June 30, 2015, REA Group’s other assets included a 19.9% interest in Asia’s iProperty Group Limited, which had operations primarily in Malaysia, Indonesia, Hong Kong, Thailand, Macau, and Singapore. Move Move, which the company acquired in 2014, is a major provider of
news corp - class b (NWS:NASDAQ GS)
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