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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Self-publishing Goes Big Time

If it wasn’t clear before that self-publishing is transforming the book industry, Pearson’s $116 million acquisition of self-publishing vendor Author Solutions Inc. should wipe away any lingering uncertainty. The purchase of Author Solutions—which has 1,600 employees, has published 150,000... Continue reading at Publishers Weekly

[ Publishers Weekly | 2012-07-20 00:00:00 UTC ]
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Rhea Halford leaves S&S

Simon & Schuster’s commissioning editor for sport, Rhea Halford, has left the company... Continue reading at The Bookseller

[ The Bookseller | 2012-07-17 00:00:00 UTC ]
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S&S snaps up self-published McGuire

Simon & Schuster has snapped up a two-book deal from self-published author Jamie McGuire in a... Continue reading at The Bookseller

[ The Bookseller | 2012-07-12 00:00:00 UTC ]
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Bertrams grows revenue 32.5%

Bertrams like-for-like revenue has risen 4.3% in the last three quarters as its total sales... Continue reading at The Bookseller

[ The Bookseller | 2012-07-10 00:00:00 UTC ]
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S&S launches online crime community

Simon & Schuster has launched new microsite The Dark Pages, intended to be an online crime... Continue reading at The Bookseller

[ The Bookseller | 2012-06-20 00:00:00 UTC ]
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S&S sign Sam Warburton books

Welsh rugby captain Sam Warburton has signed a two-book deal with Simon & Schuster. The... Continue reading at The Bookseller

[ The Bookseller | 2012-05-22 00:00:00 UTC ]
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Kimmage wins 2012 British Sports Book title

Simon & Schuster's Engage: The Fall and Rise of Matt Hampson by Paul Kimmage has been... Continue reading at The Bookseller

[ The Bookseller | 2012-05-22 00:00:00 UTC ]
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Publisher Settles in E-book Price Fixing Case

Simon & Schuster becomes the latest publisher to settle an antitrust claim by a team of states, while Macmillan, Penguin, and Apple fight on. Continue reading at PC World

[ PC World | 2012-05-18 00:00:00 UTC ]
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Two from Robert Ryan for S&S

Simon & Schuster has signed two historical thrillers from Sunday Times-bestselling author and... Continue reading at The Bookseller

[ The Bookseller | 2012-05-11 00:00:00 UTC ]
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"Fantastic" first quarter for S&S

Simon & Schuster has revealed a 14% increase in like-for-like book sales in the UK, including... Continue reading at The Bookseller

[ The Bookseller | 2012-05-11 00:00:00 UTC ]
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Sainsbury's ups profit and market share

Sainsbury's has reported a 6.8% rise in total sales in its preliminary results for the year... Continue reading at The Bookseller

[ The Bookseller | 2012-05-09 00:00:00 UTC ]
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Digital revenues up 64% for S&S US

Digital revenues for Simon & Schuster US climbed 64% in the first quarter of the year, while... Continue reading at The Bookseller

[ The Bookseller | 2012-05-03 00:00:00 UTC ]
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Yes, people still read: ebook sales by UK publishers grew 54 percent in 2011

All hail the ebook! Seriously, if it weren't for this marvelous literary development, try saying with a straight face that you wouldn't at least take pause before adding a new title to your collection. Numbers are in from The Publisher's Association -- a group of 120 companies across the trade... Continue reading at Engadget

[ Engadget | 2012-05-02 00:00:00 UTC ]
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Midson launches consultancy

Colin Midson, until recently an editor at Simon & Schuster, has launched a book... Continue reading at The Bookseller

[ The Bookseller | 2012-04-26 00:00:00 UTC ]
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S&S takes two on Melissa Nathan shortlist

Two titles from Simon & Schuster have made the shortlist for the Melissa Nathan Award for... Continue reading at The Bookseller

[ The Bookseller | 2012-04-23 00:00:00 UTC ]
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Apple denies it conspired to raise ebook prices

Apple Inc. says the accusation that it conspired with major book publishers to raise the price of ebooks is untrue.Apple spokesman Tom Neumayr says that, contrary to allegations in lawsuits by the Justice Department and 15 states, Apple fostered innovation and competition by introducing its... Continue reading at Crains New York

[ Crains New York | 2012-04-14 00:00:00 UTC ]
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S&S signs world for Elliott Wright

Simon & Schuster has signed world rights in two novels by début author Susan Elliott... Continue reading at The Bookseller

[ The Bookseller | 2012-04-13 00:00:00 UTC ]
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Australia pondering joining ebook lawsuit bandwagon

If Apple, Hachette, HarperCollins, Macmillian, Penguin and Simon & Schuster thought they only had to contend with a federal ebook lawsuit in the US, they'd better think again. Australia's Competition and Consumer commission is inviting local businesses to raise formal concerns as it weighs... Continue reading at Engadget

[ Engadget | 2012-04-12 00:00:00 UTC ]
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U.S. files price-fixing lawsuit over eBook pricing

The U.S. filed an antitrust lawsuit against Apple Inc., Hachette SA, HarperCollins, Macmillan, Penguin and Simon & Schuster in New York district court, claiming collusion over eBook pricing. Continue reading at Los Angeles Times

[ Los Angeles Times | 2012-04-11 00:00:00 UTC ]
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