S&S Squeezes Out a Q3 Profit Despite Sales Decline

Profits rose by $1 million at Simon & Schuster in the third quarter of 2019 over the comparable period in 2018, despite a 9% drop in sales. In last year's third quarter, Bob Woodward's 'Fear' drove strong sales for the publisher. Continue reading at 'Publishers Weekly'

[ Publishers Weekly | 2019-11-12 05:00:00 UTC ]
News tagged with: #sales decline #profits rose #$1 million #simon schuster #9% drop #bob woodward

Other Publishing stories related to: 'S&S Squeezes Out a Q3 Profit Despite Sales Decline'


Christie appointed DK's interim sales director

DK has appointed an interim sales director after Ian Moore has decided to leave the business to start a new life with his family in Cornwall. Continue reading at The Bookseller

[ The Bookseller | 2017-11-18 00:00:00 UTC ]
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Templar children's book profits to be donated to food banks

Bonnier Publishing imprint Templar Books and author Duncan Beedie have entered into a partnership with food bank organisation The Trussell Trust to publish Beedie’s third picture book. Continue reading at The Bookseller

[ The Bookseller | 2017-11-16 00:00:00 UTC ]
More news stories like this | News stories tagged with: #book profits #food banks #picture book


Bookstore Sales Fell Again in September

According preliminary figures released by the U.S. Census Bureau, bookstore sales declined 6.5% this September, compared to September 2016. The decline followed a 10.9% drop in bookstore sales in August. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-11-15 00:00:00 UTC ]
More news stories like this | News stories tagged with: #census bureau #9% drop #bookstore sales


'Bad Dad' sales go mad at top of bestseller chart

David Walliams’ Bad Dad (HarperCollins) has accelerated by 21% in volume week-on-week for its second week in the Official UK Top 50 number one spot, selling 112,672 copies through Nielsen BookScan’s Total Consumer Market. Continue reading at The Bookseller

[ The Bookseller | 2017-11-15 00:00:00 UTC ]
More news stories like this | News stories tagged with: #bad dad #bestseller chart #david walliams #bad dadharpercollins #nielsen bookscan


With Selleck Set to Retire, S&S Revamps Sales

Simon & Schuster announced that its executive v-p for sales and marketing, Michael Selleck, will retire at the end of the year. With his departure, a number of changes are being made to the publisher's sales and distribution structure. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-11-14 00:00:00 UTC ]
More news stories like this | News stories tagged with: #executive v- #michael selleck #distribution structure


The Mass Merchandiser Channel Helps Lift Unit Sales 1%

At outlets that report to NPD BookScan, unit sales of print books were 1% higher in the week ended Nov. 5, 2017, than in the comparable week in 2016. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-11-10 00:00:00 UTC ]
More news stories like this | News stories tagged with: #print books #1% higher


Bertelsmann group profit nearly €700m at nine-month mark

Bertelsmann, the majority owner of Penguin Random House, has reported a 6.4% year-on-year rise in its group profit to almost €700m for the first nine months of 2017. Continue reading at The Bookseller

[ The Bookseller | 2017-11-10 00:00:00 UTC ]
More news stories like this | News stories tagged with: #nine-month mark #majority owner #group profit


NAIBA Comes Out Against Direct Sales

The board of the New Atlantic Independent Booksellers Association has issued a two-part statement to publishers saying the practice of direct sales to consumers, both individuals and institutions, is undermining booksellers. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-11-10 00:00:00 UTC ]
More news stories like this | News stories tagged with: #direct sales


Quarto adjusts to lower profits after solid second-half

International illustrated publisher the Quarto Group has said that despite a solid second-half trading it expects full-year adjusted profit before tax for 2017 to be "significantly lower" than board projections. Continue reading at The Bookseller

[ The Bookseller | 2017-11-10 00:00:00 UTC ]
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Quarto Says Profits Will Miss 2017 Target

The Quarto Group issued its second profit update of 2017, stating this morning that despite improved sales in the second half of the year, the publisher’s pre-tax profits will be “significantly lower than board expectations.” Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-11-09 00:00:00 UTC ]
More news stories like this | News stories tagged with: #pre-tax profits #improved sales #significantly lower


Time Warner, AT&T deal contingent on CNN sale: report

AT&T’s proposed $85-billion purchase of Time Warner Inc., which owns CNN, HBO and Warner Bros. studios, is encountering resistance from the U.S. Department of Justice. For months, the Dallas telecommunications giant has been confidently predicting that it would finalize the takeover of Time... Continue reading at Los Angeles Times

[ Los Angeles Times | 2017-11-09 00:00:00 UTC ]
More news stories like this | News stories tagged with: #time warner #owns cnn #warner bros #encountering resistance #confidently predicting


Publishing Sales Down at Salem Media

Third quarter sales in Salem Media Group's publishing division, which includes Regnery Press and two self-publishing businesses, fell 20.7%, compared to the third quarter of 2016. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-11-09 00:00:00 UTC ]
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Sales, Earnings Rise at HarperCollins

Revenue at HarperCollins rose 3% in the quarter ended September 30, compared to the same quarter a year ago. Earnings at the publisher, according parent company News Corp, increased 4%. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-11-09 00:00:00 UTC ]
More news stories like this | News stories tagged with: #earnings rise


B&N Unveils New Apps and New Holiday Sales Strategy

Barnes & Noble's holiday sales strategies rest on new interactive apps, a new Nook model, special edition titles, and a streamlined approach to toys and gifts. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-11-08 00:00:00 UTC ]
More news stories like this | News stories tagged with: #interactive apps #barnes noble #streamlined approach


Print, Audio Drive Gains at S&S in Q3

Simon & Schuster saw sales of print books post gains while sales of downloadable audio rose about 25% in the third quarter ended September 30, 2017. E-book sales fell again. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-11-03 00:00:00 UTC ]
More news stories like this | News stories tagged with: #simon schuster


ST report on Waterstones sale 'sensible enough', says Daunt

A story in yesterday's Sunday Times reporting that N M Rothschild corporate financiers have been asked by Waterstones owner Alexander Mamut to explore a £250m sale of the chain has been described as "sensible enough" by the chain's m.d. James Daunt. Continue reading at The Bookseller

[ The Bookseller | 2017-10-31 00:00:00 UTC ]
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Amazon sales rise 34% in third quarter

Amazon has reported a 34% rise in sales to $43.7bn (£33.41bn) for the three months ending September 30th, with the recent acquisition of Whole Foods Market contributing $1.3bn (£0.99bn) to that total. Continue reading at The Bookseller

[ The Bookseller | 2017-10-28 00:00:00 UTC ]
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US Industry Sales for Half of 2017: Looking Good, So Far

Showing upticks for both adults and children's/YA book sectors, the news looks good for the first half of 2017–if adjustments don't change things. The post US Industry Sales for Half of 2017: Looking Good, So Far appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2017-10-27 00:00:00 UTC ]
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'Exceptional' Pottermore returns to profit

Pottermore, the digital content business set up to support J K Rowling’s Harry Potter output, has doubled sales and returned to profit, after what was described as an “exceptional year”. Continue reading at The Bookseller

[ The Bookseller | 2017-10-27 00:00:00 UTC ]
More news stories like this | News stories tagged with: #pottermore returns #exceptional year