Michelle Obama book boosts Bertelsmann revenues

Former US First Lady Michelle Obama’s best-selling autobiography helped boost revenue last year at German media giant Bertelsmann to the highest in more than a decade.

Bertelsmann’s Penguin Random House sold nearly 10 million copies of Becoming, the account of Ms Obama’s journey from Chicago’s south side to the White House. That helped lift Bertelsmann’s total sales to €17.7bn, the highest since 2007.