Profits Rise Again at Simon & Schuster

Since ebooks first became a meaningful part of a publisher’s business in 2009, results at Simon & Schuster have followed a familiar pattern—a decline in revenue but an increase in earnings. Between 2009 and 2011, total sales at S&S dipped 0.7%, but adjusted operating income has jumped 84%. Margins at the company improved from 5.8% in 2009 to 10.8% last year. And despite revenue falling by almost $100 million since 2007, S&S’s earnings and operating margins are almost the same as they were five years ago. Continue reading at 'Publishers Weekly'

[ Publishers Weekly | 2012-02-17 00:00:00 UTC ]

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Penguin Random House to Distribute Boom! Studios Following Acquisition

Penguin Random House will distribute all titles published by Boom! Studios, which it acquired this August, starting next July, taking over distribution to the bookstore trade from Simon & Schuster and to the direct market from Diamond Comic Distributors. Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-12-11 05:00:00 UTC ]
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Amazon Expects a Strong Finish to 2024

Third quarter results exceeded expectations at Amazon, and the company expects a strong fourth quarter, forecasting that total sales will rise between 7% and 11% over last year’s final period, to as much as $188.5 billion. Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-11-01 04:00:00 UTC ]
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Book Publishing Sales Stayed Hot in August

In the adult trade segment, total sales were up nearly 12% for the month over 2023 at publishers that report to the Association of American Publishers’ StatShot Program. Religious presses were up a hefty 47.4%, and digital audio showed a 38.8% increase. Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-10-29 04:00:00 UTC ]
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Which One of You Sent Me Lonesome Dove in the Mail? Or: Tackling the Great American Western

It was a random day in August when a trade paperback copy of Lonesome Dove showed up in the mail from Simon & Schuster. It didn’t come with a press release or a note, and I’m still not sure who sent it to me (I’ve asked a few S&S publicists and it remains a mystery!), […] Continue reading at Literrary Hub

[ Literrary Hub | 2024-10-10 11:50:25 UTC ]
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Simon & Schuster Australia Acquires Affirm Press

Continuing its international expansion, Simon & Schuster's Australian arm acquires Affirm Press, a 14-year-old independent publisher. The post Simon & Schuster Australia Acquires Affirm Press appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2024-08-26 15:00:02 UTC ]
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S&S Australia Agrees to Acquire Affirm Press

The agreement to buy the Melbourne-based independent publisher is Simon & Schuster's second overseas acquisition since it was bought by KKR late last year. Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-08-26 04:00:00 UTC ]
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Book Deals: Week of August 12th, 2024

Simon & Schuster will publish Bob Woodward’s latest White House tell-all, Hachette takes women’s health advocate Tamsen Fadal’s Menopause guide, and more. Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-08-09 04:00:00 UTC ]
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Ziff Davis Acquires Tech Publisher CNET for Over $100M

Digital media company Ziff Davis acquired tech publisher CNET from its parent company, Red Ventures, for more than $100 million, according to reporting from The New York Times. The acquisition confirms an Axios report from January, which found that Red Ventures had been... Continue reading at AdWeek

[ AdWeek | 2024-08-06 10:53:30 UTC ]
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Kim Shannon Joins S&S as SVP of Sales

Shannon comes to Simon & Schuster from Penguin Random House’s the Knopf Doubleday Publishing Group. She succeeds the late Gary Urda, who died suddenly on June 24. Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-07-31 04:00:00 UTC ]
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If You’re Going to Platform Extremists You Should At Least Check Their Facts

On June 21st, Threshold, a conservative imprint of Simon & Schuster, announced a new book deal with New York Times bestselling author and entrepreneur and noted conspiracy theorist Vivek Ramaswamy. Although it’s rumored that Donald Trump passed him over for the role of running mate, Vivek... Continue reading at Literrary Hub

[ Literrary Hub | 2024-07-09 13:34:08 UTC ]
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Book Deals: Week of July 8, 2024

Bestselling author Mary Alice Monroe sells a new souther epic to Morrow, Hillary Clinton’s new memoir goes to Simon & Schuster, and more. Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-07-05 04:00:00 UTC ]
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S&S Names Wibke Grutjen Global Chief of Marketing and Communications

Wibke Grutjen moves from Hachette Book Group to Simon & Schuster in early August to lead S&S' marketing and communications teams. The post S&S Names Wibke Grutjen Global Chief of Marketing and Communications appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2024-06-26 21:24:22 UTC ]
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S&S Partners with Media Company Pave Studios

Pave Studios, launched this spring and active primarily in the podcasting space, has formed a book publishing arm and signed co-publishing and distribution agreements with Simon & Schuster. Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-06-26 04:00:00 UTC ]
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Gary Urda, SVP of Sales at Simon & Schuster, Dies at 59

Urda died unexpectedly the morning of June 24 after collapsing at the gym. S&S CEO Jonathan Karp called him "was a quintessential sales executive, with a deep knowledge of our industry." Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-06-24 04:00:00 UTC ]
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Arnaud Nourry’s Les Nouveaux Éditeurs in Deal With S&S

Arnaud Nourry's independent publishing collective in France opens with a first-look arrangement with Jonathan Karp's Simon & Schuster. The post Arnaud Nourry’s Les Nouveaux Éditeurs in Deal With S&S appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2024-06-12 17:28:13 UTC ]
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Barnes & Noble Education Cuts Loss on Small Sales Gain

Barnes & Noble Education has released preliminary financial results that showed company revenue rising 1.5% in the fiscal year ended April 27, 2024, and net loss falling to $63 million, from $90 million a year ago. Total sales were $1.57 billion. B&NE expects to receive final approval... Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-05-28 04:00:00 UTC ]
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Simon & Schuster’s Adam Rothberg to Retire

The senior v-p of corporate communications for S&S will retire at the end of July, ending a 35-year career with the company. Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-05-13 04:00:00 UTC ]
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Simon & Schuster To Acquire the Netherlands’ VBK

'Our shared goal is to expand the audience for our authors and their books,' says S&S CEO Jonathan Karp in announcing the VBK acquisition. The post Simon & Schuster To Acquire the Netherlands’ VBK appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2024-05-06 21:39:31 UTC ]
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Mirchandani Leads Simon & Schuster UK’s Summit Books

Revived in the States earlier this year, Simon & Schuster's imprint Summit Books is being introduced in the UK, Australia, and New Zealand. The post Mirchandani Leads Simon & Schuster UK’s Summit Books appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2024-04-17 22:51:28 UTC ]
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With Sarah J. Maas Sales Booming, Bloomsbury Ups Its Financial Forecast

As 'House of Flame and Shadow' hits number one in numerous markets around the world, publisher Bloomsbury predicts that total sales for the company will increase by 10% over last year. Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-02-14 05:00:00 UTC ]
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