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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E-book discounts appearing at Amazon following publisher settlement

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After the DoJ Settlement

On September 5, federal judge Denise Cote approved a deal between the Department of Justice and three publishers (Hachette, HarperCollins, and Simon & Schuster) to settle claims of ebook price fixing. What happens now? Continue reading at Publishers Weekly

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[ The Christian Science Monitor | 2012-08-31 00:00:00 UTC ]
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