Stephenie Meyer

Random House, Hachette Cash In on Bestsellers

Two of the largest publishing houses -- Random House and Hachette -- have demonstrated again that when authors like Stephenie Meyer or Stieg Larsson become big phenomenons, big sales -- and big profits -- are the result. But when a phenomenon starts to wane, red ink can start creeping into the black.

As 'Twilight' Fades, Hachette Sees Its Sales Darken

Profits at Lagardere, the parent of the Hachette Book Group, may have been buoyed for years by Stephenie Meyer's novels, but unlike vampires, the series' high sales couldn't last forever. With no new books from Meyers' first-quarter earnings dropped 6.5% from this point in 2009.