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 ]

Other news stories related to: "Profits Rise Again at Simon & Schuster"


Book Sales Were Sluggish in January

Sales of adult fiction fell 5.7% in the month—the main factor in driving down total sales by 0.7% at the companies that report results to the Association of American Publishers’ StatShot program. Continue reading at Publishers Weekly

[ Publishers Weekly | 2025-03-27 04:00:00 UTC ]
More news stories like this


S&S UK and International CEO Ian Chapman Stepping Down

After 25 years with Simon & Schuster, the company's UK and International publisher and CEO, Ian Chapman, is to step down in May. The post S&S UK and International CEO Ian Chapman Stepping Down appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2025-02-17 18:48:19 UTC ]
More news stories like this


What Are Book Blurbs, and How Much Do They Matter in Publishing?

An announcement from Simon & Schuster’s publisher left the literary community wondering whether blurbs, the little snippets of praise on a book jacket, are all they’re cracked up to be. Continue reading at The New York Times

[ The New York Times | 2025-02-04 19:45:15 UTC ]
More news stories like this


Simon & Schuster imprint will no longer ask authors to obtain blurbs for their books

Publisher says expecting authors, agents and editors to secure blurbs can create ‘an incestuous and unmeritocratic literary ecosystem that often rewards connections over talent’When you buy a new book, you can usually expect to see praise from other authors emblazoned on its cover. A writer... Continue reading at The Guardian

[ The Guardian | 2025-01-31 17:27:59 UTC ]
More news stories like this


Why Simon & Schuster’s Flagship Imprint Won’t Require Blurbs Anymore

In a decision some might call “stunning” or a “tour-de-force,” new S&S publisher Sean Manning has decided to no longer require authors to obtain blurbs for their books. Here’s why. Continue reading at Publishers Weekly

[ Publishers Weekly | 2025-01-30 05:00:00 UTC ]
More news stories like this


S&S Launches Audio Imprint Simon Maverick, Helmed by Jason Pinter

Simon & Schuster has announced a new audio-first imprint, Simon Maverick, focused on self-published authors. Former Polis Books publisher Jason Pinter is the imprint’s VP and editorial director. Continue reading at Publishers Weekly

[ Publishers Weekly | 2025-01-09 05:00:00 UTC ]
More news stories like this


Book Publishing M&A in 2024: An Active, but Not Seismic, Year for Deals

Though there were no billion-dollar deals along the lines of private equity firm KKR’s 2023 sale of RBmedia and purchase of Simon & Schuster, the year did produce a number of notable acquisitions that indicate a few developing trends. Continue reading at Publishers Weekly

[ Publishers Weekly | 2025-01-03 05:00:00 UTC ]
More news stories like this


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 ]
More news stories like this


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 ]
More news stories like this


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 ]
More news stories like this


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 ]
More news stories like this


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 ]
More news stories like this


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 ]
More news stories like this


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 ]
More news stories like this


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 ]
More news stories like this


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 ]
More news stories like this


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 ]
More news stories like this


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 ]
More news stories like this


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 ]
More news stories like this


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 ]
More news stories like this