SHARE
COPY LINK

EXPO

‘Millennium’ books keep making millions

Revenues stemming from Stieg Larsson's Millennium trilogy of crime novels continue to pour in, bringing in nearly 100 million kronor ($14.8 million) in the last year.

'Millennium' books keep making millions

Moggliden, the company set up to receive income related to the sale of books by the late Swedish crime writer, has reported revenues of 91 million kronor for the last fiscal year, the Expressen newspaper reported.

The continued success of the Millennium books, which sold tens of millions of copies and spawned Hollywood and Swedish-produced films, has generated a total of 288 million kronor in profits in the last three years, including 82.4 million in the last fiscal year.

While revenues for the last year remained strong, they decreased substantially compared to the 135.5 million kronor generated the previous year.

“Sales of the books has peaked and have levelled off somewhat,” Stieg Larsson’s brother Joakim told the paper, adding that the books were first published seven years ago.

“There will also be income, but not at the same levels. They will likely be at a much lower level in the future.”

The late author’s brother and father, who together manage Moggliden and the Stieg Larsson estate, have decided to take 10 million kronor in dividends from the company to support causes championed by the late author.

“Eight million of it will go to the Steig Larsson foundation and the remaining two million to the magazine Expo’s foundation,” Joakim told Expressen.

Stieg Larsson founded Expo in 1995 to investigate the far-right and neo-Nazi movements in Sweden. Larsson was on his way to work at the magazine when he died from a heart attack heart attack in 2004.

The Millennium trilogy books have sold a total of 73 million copies worldwide and have most recently been published in Kazakhstan, Expressen reported.

Joakim Larsson said that next year he and his father plan to give away 45 million kronor of Millennium proceeds to charity.

The Local/dl

Follow The Local on Twitter

Member comments

Log in here to leave a comment.
Become a Member to leave a comment.

EXPO

France pulls 2025 World Expo bid over cash worries

France has withdrawn its bid for Paris to host the 2025 World Expo citing financial risks as the country gears up to organise both the Olympics and Rugby World Cup.

France pulls 2025 World Expo bid over cash worries
AFP

The decision was revealed by the Journal du Dimanche newspaper on Sunday after Prime Minister Edouard Philippe announced it in a letter to organisers onFriday.

Philippe said the French bid for the event, which sees nations from around the world showcase their achievements, was being called off due to “adjustments in public finances” as the country seeks to slash its deficit.

France has not hosted a world expo since 1900, a year after a similar show saw Paris unveil its Eiffel Tower.

President Emmanuel Macron had previously given his backing to the plan, saying it would give France a chance to “contribute to new global ambitions”.

Three other countries remain in the running: Russia, which would host the event in the city of Yekaterinburg; Japan, bidding for the city of Osaka, and Azerbaijan, which would hold it in the capital Baku.

The successful host country will be announced on November 15.

Paris regional chief Valerie Pecresse denounced the decision to drop the French bid as “rushed”, complaining the prime minister had “unilaterally decided that the economic model won't allow it”.

Philippe said in his letter that the plans did not have adequate contingency plans for what would happen if attendance was lower than expected.

He also expressed concern about a shortage of private partners signing up.

France is already preparing to host two major international events in theform of the 2023 Rugby World Cup and the Summer Olympics in Paris a year  later.