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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Profits Up Nearly 13% At Simon & Schuster

An increase in operating efficiencies, higher backlist sales, and lower returns drove double-digit earnings increases. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-02-12 00:00:00 UTC ]
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Ebook sales falling for the first time, finds new report

Research by the Bookseller shows that sales for the ‘big five’ UK publishers dropped in 2015Ebook sales for the UK’s five biggest publishers fell in 2015, according to a new report in the Bookseller, collectively declining 2.4%, to 47.9m units. It is the first drop in numbers of books sold in... Continue reading at The Guardian

[ The Guardian | 2016-02-03 00:00:00 UTC ]
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Egmont, Andersen and S&S lead Branford Boase longlist

Egmont, Andersen Press and Simon & Schuster each have three books on the longlist for this year’s Branford Boase award. Continue reading at The Bookseller

[ The Bookseller | 2016-02-03 00:00:00 UTC ]
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Selberg pens vlogging fiction series for MCB

Ingrid Selberg, the former m.d. of Simon & Schuster’s Children’s Division, is teaming up with Emma Young to write a middle-grade fiction series about vloggers for Macmillan Children’s Books. Continue reading at The Bookseller

[ The Bookseller | 2016-02-02 00:00:00 UTC ]
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2015 market growth underpinned by colouring, courgettes and YouTubers

Regular readers of The Bookseller will be aware of the three trends driving the print renaissance: adult colouring books, clean eating titles and psychological thrillers. Thus far in 2015, total sales are up 6% year on year through Nielsen BookScan, with a good deal of that down to 2015 breakout... Continue reading at The Bookseller

[ The Bookseller | 2015-12-14 00:00:00 UTC ]
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Playster All-Media Subscription Service Debuts in U.S.

The multi-content subscription service, in beta since 2014, has gone live. It offers tiered access to books, TV/film, music and video games, and has partnerships with such publishers as HarperCollins and Simon & Schuster. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-12-10 00:00:00 UTC ]
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Corbett leaves S&S after restructure

Simon & Schuster has restructured its marketing and publicity teams, with communications director Hannah Corbett leaving the publisher after 13 years. Continue reading at The Bookseller

[ The Bookseller | 2015-11-20 00:00:00 UTC ]
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Declining E-Book Sales Hit Home

Softening sales for digital books have impacted the bottom lines at HarperCollins and Simon & Schuster, according to both companies' recent earnings reports. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-11-06 00:00:00 UTC ]
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Sales, Earnings Up at Simon & Schuster

Revenue at the Big Five house increased 2% in the third quarter, rising to $203 million. Bestselling adult titles in the quarter included 'The Survivor' by Vince Flynn and Kyle Mills, and this year's Pulitzer Prize-winner for fiction, Anthony Doerr's 'All the Light We Cannot See.' Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-11-03 00:00:00 UTC ]
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Gompertz Joining Skyhorse as Editorial Director

Skyhorse Publishing has named Mark Gompertz group editorial director, effective November 9. Gompertz, who was most recently at Hearst Magazines, had a long tenure at Simon & Schuster. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-10-26 00:00:00 UTC ]
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S&S nabs German star

Simon & Schuster has bought world rights (excluding Germany) in These Days of Ours, a new novel by Juliet Ashton, and will publish in June 2016. Ashton, who was previously published by Sphere in the UK, is a superstar in Germany, where she has shifted more than 100,000 copies for... Continue reading at The Bookseller

[ The Bookseller | 2015-10-15 00:00:00 UTC ]
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eCampus Continues to Expand

The 16-year-old virtual campus bookseller is on target for $100 million in revenue this year. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-10-02 00:00:00 UTC ]
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Up, up and away?

It may not have quite the same resonance as William Goldman’s infamous line about the movie business—“nobody knows anything”—but Carolyn’s Reidy’s comment, made at a recent Book Industry Study Group meeting held in New York, that “the more we know, the more we have to learn” is an excellent... Continue reading at The Bookseller

[ The Bookseller | 2015-09-25 00:00:00 UTC ]
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Trump Signs for New Book with S&S

Simon & Schuster's Threshold Editions will publish a new, untitled book by Donald Trump October 27. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-09-21 00:00:00 UTC ]
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How to Write a Roger Federer Think Piece

It has been a bit more than nine years since David Foster Wallace delivered “Federer as Religious Experience,” the Magna Carta of what has become one of the most popular genres in sports journalism: the Roger Federer think piece. The now-classic essay, penned for the short-lived New York Times... Continue reading at Slate

[ Slate | 2015-09-11 00:00:00 UTC ]
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Sales Down, Profits Up at Simon & Schuster

Simon & Schuster posted an 8.6% increase in operating income in the second period of 2015 over the same period in 2014 while revenue fell 5.6%, to $199 million. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-08-05 00:00:00 UTC ]
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Jones and Profile agree to split

Profile’s publishing director Mike Jones is to leave the company at the end of this week, by mutual consent. Jones joined Profile from his role as non-fiction publishing director at Simon & Schuster almost exactly a year ago in July 2014. The publisher said it was “very sorry” to make the... Continue reading at The Bookseller

[ The Bookseller | 2015-07-14 00:00:00 UTC ]
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S&S buys Australian debut

Simon & Schuster has bought a "unique" debut from an Australian author. S&S ssistant fiction editor Carla Josephson bought UK, Commonwealth & ANZ rights in All These Perfect Strangers by Australian prize-winning author Aoife Clifford from Rebecca Ritchie and Clare Forster at Curtis... Continue reading at The Bookseller

[ The Bookseller | 2015-06-27 00:00:00 UTC ]
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Global Publishing Leaders 2015: Simon & Schuster

Simon & Schuster was founded in New York City in 1924 by Richard L. Simon and M. Lincoln ("Max") Schuster. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-06-26 00:00:00 UTC ]
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Sick of P&L Statements, Literary Editor Quits, Gets Web Kudos

Sarah Knight was sick of commuting, P&L statements and eating salad at her desk at Simon & Schuster, so she quit to freelance and seek happiness. The post Sick of P&L Statements, Literary Editor Quits, Gets Web Kudos appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2015-06-22 00:00:00 UTC ]
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