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"

Amazon's customers get credits from ebook antitrust settlement

Customers of Amazon.com Inc. found credits in their inboxes Tuesday from the settlement of an antitrust lawsuit over ebook prices. Amazon, in a Customer FAQ posting on its website, said the credits are partial refunds and will be applied automatically to the accounts of those eligible: people... Continue reading at Silicon Valley Business Journal

[ Silicon Valley Business Journal | 2014-03-26 00:00:00 UTC ]
More news stories like this

Lansens signs two with S&S

The Girls author Lori Lansens has moved from Virago to Simon & Schuster for a new two-book... Continue reading at The Bookseller

[ The Bookseller | 2014-03-07 00:00:00 UTC ]
More news stories like this

How the Meat Industry Keeps Chicken Prices High

This essay is excerpted from The Meat Racket: The Secret Takeover of America’s Food Business, by Christopher Leonard, published by Simon & Schuster. Continue reading at Slate

[ Slate | 2014-03-04 00:00:00 UTC ]
More news stories like this

Meat Industry 1, Obama Administration 0

This essay is excerpted from The Meat Racket: The Secret Takeover of America’s Food Business, by Christopher Leonard, published by Simon & Schuster. Read another excerpt from The Meat Racket, about how Tyson keeps chicken prices high. Continue reading at Slate

[ Slate | 2014-03-04 00:00:00 UTC ]
More news stories like this

Authors on the Air March 4, 2014: Jaron Lanier

Jaron Lanier, author of "Who Own the Future" (Simon & Schuster, 9781451654974), will appear on the "Colbert Report" on Tuesday, March 4. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-03-04 00:00:00 UTC ]
More news stories like this

Job Moves: February 26, 2014

After 34 years at Simon & Schuster, sales rep Michael Carley will be retiring on April 22. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-02-26 00:00:00 UTC ]
More news stories like this

Authors on the Air February 18, 2014: Su Meck

Su Meck, author of "I Forgot to Remember: A Memoir of Amnesia" (Simon & Schuster, 9781451685817), will appear on the "Diane Rehm Show" on Wednesday, February 19. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-02-18 00:00:00 UTC ]
More news stories like this

S&S buys Johnny Rotten memoir

Simon & Schuster has signed the world rights to a new autobiography by Sex Pistols singer... Continue reading at The Bookseller

[ The Bookseller | 2014-02-14 00:00:00 UTC ]
More news stories like this

O'Reilly Donating Millions to Tech Education

O'Reilly Media and Safari Books Online are donating over $100 million in "educational content and tools" to K-12 schools across the U.S. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-02-04 00:00:00 UTC ]
More news stories like this

Simon451 Unveils College Writing Contest

Simon & Schuster's new science fiction imprint, Simon451, has launched a writing contest for college students. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-01-31 00:00:00 UTC ]
More news stories like this

Amazon Posts A (Small) Profit

Total sales in Amazon’s fourth quarter in 2013 rose 20% over the last quarter of 2012, hitting $25.59 billion, while net income rose to $239 million from $97 million in last year’s final period. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-01-30 00:00:00 UTC ]
More news stories like this

Simon & Schuster Expands Library E-Book Program

After entering the library ebook market last April with a pilot, Simon & Schuster is expanding its program to more libraries, and adding OverDrive as a vendor. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-01-16 00:00:00 UTC ]
More news stories like this

IBM's Watson For Business: The $1 Billion Siri Slayer

IBM is unveiling their new Watson for Business on Thursday, a $1 billion project devoted to bringing big data to every educational institution, pharmaceutical firm, and publishing house in America--and they're offering more than $100 million in venture capital to developers.IBM is announcing the... Continue reading at Fast Company

[ Fast Company | 2014-01-09 00:00:00 UTC ]
More news stories like this

Good Enterprises Wants S&S to Keep Selling its Books

Christine Shubert, the trustee overseeing the Chapter 7 proceedings of Good Enterprises, has asked the bankruptcy court to give Good Books’ distributor, Simon & Schuster, the authority to continue to sell the company’s titles. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-01-06 00:00:00 UTC ]
More news stories like this

S&S Keeping 'Duck Dynasty' Title on Shelves

Despite the controversy stirred up Wednesday afternoon by critical remarks of "homosexual behavior" by Duck Dynasty patriarch Phil Robertson in a GQ interview, Simon & Schuster has no plans to pull Phil Robertson's bestselling book, Happy, Happy, Happy. The title has sold nearly 600,000... Continue reading at Publishers Weekly

[ Publishers Weekly | 2013-12-19 00:00:00 UTC ]
More news stories like this

S&S Teams With HuffPo, AARP on Memoir Contest

Simon & Schuster has teamed with AARP and The Huffington Post on a contest open to memoirists 50 and older. Continue reading at Publishers Weekly

[ Publishers Weekly | 2013-12-18 00:00:00 UTC ]
More news stories like this

Simon & Schuster Fires Up “Hot Bed” Tumblr for New Adult Fiction

Simon & Schuster has launched a new social media community, The Hot Bed, to promote the "New Adult" genre complete with a "chili chart" to gauge hotness. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2013-12-08 00:00:00 UTC ]
More news stories like this