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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Publishers Did Marginally Better in 2016

Four of the five large publicly held trade publishers managed to improve their operating margins in 2016 over 2015, despite generally weak revenue performances. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-03-31 00:00:00 UTC ]
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Sales, Earnings Fell at PRH in 2016

The lack of a mega-bestseller was one factor in the 9.6% drop in revenue at Penguin Random House in 2016; earnings in the year fell 3.6% compared to 2015. Operating margins, however, improved to 16.0% in 2016, up from 15.0% in 2015. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-03-28 00:00:00 UTC ]
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The $100 million wall: Digital media’s scale struggles

For venture-backed digital publishers, getting to $100 million in annual revenue is the holy grail, but one few will achieve. The post The $100 million wall: Digital media’s scale struggles appeared first on Digiday. Continue reading at Digiday

[ Digiday | 2017-03-27 00:00:00 UTC ]
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AMI to Buy Us Weekly

The celebrity magazine sells for $100 million after Tronc deal falls through. The post AMI to Buy Us Weekly appeared first on Folio:. Continue reading at Folio Magazine

[ Folio Magazine | 2017-03-16 00:00:00 UTC ]
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John Kerry signs memoir deal with Simon & Schuster

Former US Secretary of State John Kerry is publishing his memoir with Simon & Schuster. Continue reading at The Bookseller

[ The Bookseller | 2017-03-10 00:00:00 UTC ]
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Milo Yiannopoulos's 'Dangerous': a Timeline

All our coverage of the controversy surrounding former Breitbart pundit Milo Yiannopoulos's book 'Dangerous,' which was slated for publication by Simon & Schuster, until it was cancelled after video surfaced in which the author appeared to condone pedophilia. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-02-23 00:00:00 UTC ]
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S&S US cancels Yiannopoulos book

Simon & Schuster US has cancelled its planned publication of Dangerous by controversial far-right commentator Milo Yiannopoulos. In a brief statement, the publisher said the decision to cancel the book had been made by S&S and its Threshold Editions imprint "after careful... Continue reading at The Bookseller

[ The Bookseller | 2017-02-21 00:00:00 UTC ]
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Milo Yiannopoulos book deal cancelled following outrage over child abuse comments

Simon & Schuster pulls forthcoming autobiography, titled Dangerous, for which it had reportedly paid a $250,000 advanceSimon & Schuster has cancelled the publication of Milo Yiannopoulos’ book, and his fellow Breitbart employees have reportedly threatened to quit if he is not fired.A... Continue reading at The Guardian

[ The Guardian | 2017-02-21 00:00:00 UTC ]
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Simon & Schuster Cancels Milo Yiannopoulos's Book

After enduring withering criticism since it was revealed in late December that it planned to publish a book by controversial Breitbart editor Milo Yiannopoulos, Simon & Schuster said late Monday that it has canceled the release of 'Dangerous.' Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-02-20 00:00:00 UTC ]
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S&S global sales down 10% in fourth quarter

Simon & Schuster saw global revenues fall by 10% to $209m (£167.05m) during the fourth quarter of 2016, according to results released by parent company the CBS Corporation. Continue reading at The Bookseller

[ The Bookseller | 2017-02-17 00:00:00 UTC ]
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Sales Slipped, Profits Rose in 2016 at S&S

Revenue for the year at Simon & Schuster was $767 million, down 1.8% from 2015. Operating income increased 4.4%, to $119 million. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-02-15 00:00:00 UTC ]
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Kickstarter Hits $100 Million Mark for Publishing Projects

Since its launch in 2009, Kickstarter has raised over $100 million for publishing projects, $21 million of which was raised last year. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-02-03 00:00:00 UTC ]
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Memoir of soldier who killed Osama bin Laden to S&S

Former Navy Seal Robert O’Neill, the decorated special operations soldier who fired the shots that killed Osama bin Laden in May 2011, will publish his memoir with Simon & Schuster in April. Continue reading at The Bookseller

[ The Bookseller | 2017-02-03 00:00:00 UTC ]
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Hillary Clinton to release children's book and essay collection with S&S

Simon & Schuster will this autumn publish a picture book version of Hillary Clinton's 1996 non-fiction title It Takes A Village.  Continue reading at The Bookseller

[ The Bookseller | 2017-02-02 00:00:00 UTC ]
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S&S Nabs Hillary Clinton's Personal Essays

Simon & Schuster has acquired world rights in all formats to a yet-to-be-titled new book by Hillary Rodham Clinton that will reflect on her experiences during the 2016 presidential election. The book is slated to publish under the S&S trade imprint in fall 2017. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-02-01 00:00:00 UTC ]
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Roxane Gay pulls S&S book in protest over Yiannopoulos

Feminist author Roxane Gay has pulled the publication of her forthcoming book with Simon & Schuster, How to Be Heard, in response to the US publisher's reported $250,000 book deal with far-right commentator Milo Yiannopoulos. Continue reading at The Bookseller

[ The Bookseller | 2017-01-27 00:00:00 UTC ]
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S&S moves to reassure authors after Milo Yiannopoulos controversy

Simon & Schuster’s US chief executive Carolyn Reidy has moved to reassure authors that the publisher will not “support, condone” or publish “hate speech” following the Milo Yiannopoulos controversy. Continue reading at The Bookseller

[ The Bookseller | 2017-01-25 00:00:00 UTC ]
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Jones departs S&S triggering department restructure

Toby Jones has left his role as Simon & Schuster’s group marketing and publicity director after 18 months. Continue reading at The Bookseller

[ The Bookseller | 2017-01-21 00:00:00 UTC ]
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Alt-writing: how the far right is changing US publishing

Rightwing writers, ranging from conservative to lunatic fringe across all genres, have long been a lucrative books market. Will the new era see it grow?He compares feminism to cancer, called transgender people “retarded” and once labelled a BuzzFeed reporter a “thick-as-pig-shit media Jew”. So... Continue reading at The Guardian

[ The Guardian | 2017-01-18 00:00:00 UTC ]
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Publishers Encounter Political Storms in Turn to Right

Milo Yiannopoulos, an editor at the conservative news site Breitbart News, received a six-figure publishing contract from Threshold Editions, a conservative imprint at Simon & Schuster. The move prompted criticism from some of Simon & Schuster’s authors and calls for a boycott. Continue reading at The New York Times

[ The New York Times | 2017-01-10 00:00:00 UTC ]
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