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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S&S bags Lynda Bellingham in two-book fiction deal

Written By: Graeme Neill Publication Date: Fri, 28/10/2011 - 10:53 Actress and “Loose Women” co-presenter Lynda Bellingham has signed a two-book deal with Simon & Schuster to write commercial women's fiction. Publishing director Suzanne Baboneau signed the deal with Gordon Wise at Curtis... Continue reading at The Bookseller

[ The Bookseller | 2011-10-28 00:00:00 UTC ]
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Meredith Increases Dividend by 50% and Authorizes a $100 Million Stock Repurchase

This story first appears on FOLIO: sister site, minonline. Meredith Corp. chairman/CEO (since July 2004) Steve Lacy announced that the board of directors approved a $1.02-to-$1.53 per-share increase in the quarterly dividend paid to investors and authorized the repurchase of $100 million of... Continue reading at Folio Magazine

[ Folio Magazine | 2011-10-27 00:00:00 UTC ]
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Authors to Get Sales Data From Three Big Publishers

Simon & Schuster, Random House and the Hachette Book Group said they would allow authors to access book sales data online, a service Amazon began providing last year. Continue reading at The New York Times

[ The New York Times | 2011-10-20 00:00:00 UTC ]
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Kate Manning moves from HC to Hot Key

Written By: Graeme Neill Publication Date: Mon, 17/10/2011 - 09:18 Hot Key Books has hired HarperCollins' head of children's sales as its new sales and marketing director. Kate Manning will join the publisher on 2nd January 2012 and will be responsible for a fiction list comprising between 30... Continue reading at The Bookseller

[ The Bookseller | 2011-10-17 00:00:00 UTC ]
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Global woes unlikely to hit US business at Frankfurt

Written By: Charlotte Williams Publication Date: Mon, 10/10/2011 - 08:43 Leading US publishers are looking forward to this week's Frankfurt Book Fair, with both Simon & Schuster and Hachette bringing more editors than they did last year. Hachette US chairman and c.e.o. David Young will be... Continue reading at The Bookseller

[ The Bookseller | 2011-10-10 00:00:00 UTC ]
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Digital sales 'could be 15%' by year's end

Written By: Charlotte Williams Publication Date: Fri, 07/10/2011 - 14:39 Independent publishers are predicting that ebook sales may make up as much as 15% of their total sales by the end of 2011, as FutureBook's Digital Census reveals that a quarter of UK publishers now have ebook sales which... Continue reading at The Bookseller

[ The Bookseller | 2011-10-07 00:00:00 UTC ]
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Quercus sees sales drop but profits rise

Written By: Philip Jones Publication Date: Tue, 27/09/2011 - 10:33 Quercus saw an inevitable downturn in sales in the first half of 2011 after its Stieg Larsson enhanced 2010 numbers, but still managed to increase profit, improve its cash position, grow digital sales seven-fold and pay its... Continue reading at The Bookseller

[ The Bookseller | 2011-09-27 00:00:00 UTC ]
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Simon & Schuster to publish Country Life titles

Written By: Graeme Neill Publication Date: Thu, 22/09/2011 - 08:48 Simon & Schuster has signed a deal with Country Life magazine to publish a new series of tie-in books, beginning this autumn with Curious Observations: A Country Miscellany. The book will comprise writings, articles and... Continue reading at The Bookseller

[ The Bookseller | 2011-09-22 00:00:00 UTC ]
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Philippa Gregory to write YA

Written By: Graeme Neill Publication Date: Thu, 15/09/2011 - 08:30 The Red Queen author Philippa Gregory is turning her hand to young adult fiction for the first time, after signing a deal with Simon & Schuster. Ingrid Selberg, director of children's publishing at S&S UK, and Jon... Continue reading at The Bookseller

[ The Bookseller | 2011-09-15 00:00:00 UTC ]
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Jobs' biography to include shock resignation

Written By: Bookseller Staff Publication Date: Thu, 25/08/2011 - 07:10 Apple c.e.o. Steve Jobs' authorised biography, which is published by Little, Brown this November, is set to include the story of Jobs' shock resignation from the technology company on Wednesday night. The book, written by... Continue reading at The Bookseller

[ The Bookseller | 2011-08-25 00:00:00 UTC ]
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Canavan hits one million milestone for Orbit

Written By: Charlotte Williams Publication Date: Thu, 11/08/2011 - 15:15 Fantasy author Trudi Canavan has become the latest writer to top the landmark figure of one million print book sales through UK Nielsen BookScan. Total sales through Nielsen BookScan to the week ending 6th August 2011 are... Continue reading at The Bookseller

[ The Bookseller | 2011-08-11 00:00:00 UTC ]
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Granta hits iBookstore

Written By: Benedicte Page Publication Date: Wed, 10/08/2011 - 15:07 Granta Publications has put its books onto the iBookstore, with all digitised titles from Granta Books and Portobello now made available. Marketing and digital development director Iain Chapple said: "We are committed to... Continue reading at The Bookseller

[ The Bookseller | 2011-08-10 00:00:00 UTC ]
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Digital sales double at S&S, international "booming"

Written By: Graeme Neill Publication Date: Wed, 03/08/2011 - 09:20 Digital sales more than doubled at Simon & Schuster in its second-quarter but did not offset the decline in print. However, the publisher reported an increase in profits of 12% off the back of the shift to digital and... Continue reading at The Bookseller

[ The Bookseller | 2011-08-03 00:00:00 UTC ]
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Print book sales decline in first half of 2011

Written By: Charlotte Williams and Philip Stone Publication Date: Fri, 08/07/2011 - 09:55 Print sales across the book market have dropped by 3% in the first six months of 2011, compared to the same period last year, with Jamie Oliver the bestselling author over the period, ahead of Julia... Continue reading at The Bookseller

[ The Bookseller | 2011-07-08 00:00:00 UTC ]
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WHS sales drop 4% like-for-like

Written By: Lisa Campbell Publication Date: Thu, 07/07/2011 - 09:02 WH Smith’s like-for-like sales have dropped 4%, but the bookseller remains "confident" about its final year results, it said today. In the 18 weeks to 2nd July, WHS total group sales decreased by 1% and like-for-like sales... Continue reading at The Bookseller

[ The Bookseller | 2011-07-07 00:00:00 UTC ]
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S&S title to examine Arab spring

Written By: Graeme Neill Publication Date: Fri, 10/06/2011 - 10:44 BBC Middle East editor Jeremy Bowen is to write a book on the recent uprisings in the Middle East for publication in autumn 2012 by Simon & Schuster. Editorial director Mike Jones bought UK and Commonwealth rights excluding... Continue reading at The Bookseller

[ The Bookseller | 2011-06-10 00:00:00 UTC ]
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Publishers Make a Plan: A ‘One Stop’ Book Site

In starting Bookish.com, Simon & Schuster, Penguin Group USA and Hachette Book Group hope to provide one-stop shopping for books and information about authors. Continue reading at The New York Times

[ The New York Times | 2011-05-07 00:00:00 UTC ]
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Book Publishers, AOL To Launch New Book Recommendation Site [MediaMemo]

Three big publishers and AOL are set to launch Bookish, a "new digital platform for readers". Hachette Book Group, Penguin Group, and CBS' Simon & Schuster are backing the new site, which is supposed to launch this summer; AOL will promote the property and handle ad sales. A press release... Continue reading at AllThingsD

[ AllThingsD | 2011-05-06 00:00:00 UTC ]
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Media Decoder: Plaintiffs Drop Suit Over Jimmy Carter Book

A $5 million lawsuit against Simon & Schuster over a book by former President Jimmy Carter was dropped by the plaintiffs on Thursday, three months after it was filed. The plaintiffs in the class-action suit had argued that Mr. Carter's "Palestine: Peace Not Apartheid," about the Arab-Israeli... Continue reading at The New York Times

[ The New York Times | 2011-05-06 00:00:00 UTC ]
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Digital helps lift profit at Simon & Schuster

Written By: Graeme Neill Publication Date: Wed, 04/05/2011 - 09:30 Digital sales were worth 18% of Simon & Schuster's total global sales in its first quarter as its revenues increased 2% to $155m. Digital revenue more than doubled to $27.9m (£16.9m) from the first quarter in 2010, with... Continue reading at The Bookseller

[ The Bookseller | 2011-05-04 00:00:00 UTC ]
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