Simon & Schuster purchased by private equity firm KKR for $1.62 billion

Simon & Schuster has been sold to the private equity firm KKR, months after a federal judge blocked its purchase by rival publisher Penguin Random House because of concerns that competition would shrink the book market Continue reading at 'ABC News'

[ ABC News | 2023-08-08 02:22:18 UTC ]

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Global revenues dip at S&S but UK business sees 'turning point'

Simon & Schuster’s global revenues for 2019 fell 1% to $814m, with a 7% decline in operating income, parent firm ViacomCBS has said. Continue reading at The Bookseller

[ The Bookseller | 2020-02-20 22:25:14 UTC ]
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Sales, Earnings Down in 2019 at S&S

A tough fourth quarter where earnings were hurt by, among other factors, the tariffs on books manufactured in China contributed to a 7% drop in profits in 2019 at Simon & Schuster. Revenue in the year fell 1%. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-02-20 05:00:00 UTC ]
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Remembering Alice Mayhew

On a bookshelf alongside the dining-room table, I maintain a narcissistic shrine consisting of first-edition copies of my eight books. Four of them were published by Alice Mayhew, the legendary editor at Simon & Schuster who died earlier this week at the well-disguised age of 87. And those... Continue reading at Literrary Hub

[ Literrary Hub | 2020-02-06 00:28:27 UTC ]
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Remembering Alice Mayhew, Legendary Editor

On a bookshelf alongside the dining-room table, I maintain a narcissistic shrine consisting of first-edition copies of my eight books. Four of them were published by Alice Mayhew, the legendary editor at Simon & Schuster who died earlier this week at the well-disguised age of 87. And those... Continue reading at Literrary Hub

[ Literrary Hub | 2020-02-06 00:28:27 UTC ]
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Actual cancel culture: White House threatens John Bolton about impending book.

Because they have nothing to hide about anything, the White House has issued some kind of threat—according to CNN’s Jake Tapper—in a formal letter to former National Security Adviser John Bolton, whose forthcoming memoir from Simon & Schuster contains first-hand accounts of Donald Trump... Continue reading at Literrary Hub

[ Literrary Hub | 2020-01-29 17:43:05 UTC ]
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Concern for children's book market as The Book People fails to find buyer

Trade figures have said the failure of The Book People to find a buyer, leading to 155 redundancies, could have ramifications for the children's book market.  Continue reading at The Bookseller

[ The Bookseller | 2020-01-14 05:00:29 UTC ]
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German book market posts small 2019 rise

Even though the holiday season was below par, Germany’s book market narrowly avoided another major disappointment and finished the year on a positive note. Overall sales were up in 2019 by 1.4% in value. In volume they followed a recent pattern and were down marginally, by 0.4%. Continue reading at The Bookseller

[ The Bookseller | 2020-01-08 18:34:07 UTC ]
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Publishing Stocks Fell in 2019

After beginning 2019 with 10 companies, the Publishers Weekly Stock Index was down to only eight members at the close of the year, losing Barnes & Noble and Simon & Schuster. The remaining companies saw their combined stock price decline by 9%. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-01-03 05:00:00 UTC ]
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Susan Orlean: ‘We Expect Librarians to Be Everything to Everybody’

This week on The Maris Review, Susan Orlean joins Maris Kreizman to discuss her latest book, The Library Book, now available in paperback from Simon & Schuster. On how fire has shaped California: Maris Kreizman: A chilling thing that I realized when we first talked about the book is that you... Continue reading at Literrary Hub

[ Literrary Hub | 2019-12-19 09:48:21 UTC ]
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Bertelsmann to take full control of Penguin Random House

Germany-based media and services company Bertelsmann says it will buy the 25% of publisher Penguin Random House that it doesn't already own for $675 million Continue reading at ABC News

[ ABC News | 2019-12-18 11:47:31 UTC ]
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BookScan Reports 'Fifty Shades of Grey' Is Bestselling Book of the Decade

E.L. James’s irresistibly salacious novel 'Fifty Shades of Grey' is the bestselling book in the U.S. book market over the past decade according to NPD BookScan. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-12-18 05:00:00 UTC ]
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S&S sees revenues slide by 9% to $217m

Worldwide revenues at Simon & Schuster have dipped by 9% to $217m for the third quarter of 2019, from $240m for the same period last year, parent firm CBS has revealed. Continue reading at The Bookseller

[ The Bookseller | 2019-11-12 05:24:03 UTC ]
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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 ]
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Val Kilmer is releasing a memoir (!!!)

Stop whatever it is you’re doing and pay attention to me because I have, just this morning, stumbled upon some joyous, and potentially game-changing, literary news: Val Kilmer is releasing a memoir. Yes, friends, according to Publishers Weekly, Simon & Schuster will publish I’m Your... Continue reading at Literrary Hub

[ Literrary Hub | 2019-10-25 16:13:04 UTC ]
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In Frankfurt: Spain’s New Translation Grants and Market Data

Ramping up activities for its 20201 turn as Frankfurt's Guest of Honor, Spain launched expanded translation funding and presented book market statistics at the fair. The post In Frankfurt: Spain’s New Translation Grants and Market Data appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2019-10-18 07:33:50 UTC ]
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To Sell More Books, S&S Hits the Road

The S&S Selects PrePub Tour sends authors of books due out next season from Simon & Schuster’s five adult imprints across the country to schmooze with literary tastemakers around the country. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-10-18 04:00:00 UTC ]
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Frankfurt Notes: Ukrainian and Indian Book Market Presentations

Insights into stresses on the Ukrainian cultural industies are on stage, as are aspects of the book buisiness in India this week at Frankfurter Buchmesse. The post Frankfurt Notes: Ukrainian and Indian Book Market Presentations appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2019-10-14 04:30:44 UTC ]
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Prosser Succeeds Goldstein at S&S

Simon & Schuster has promoted Julia Prosser to v-p and director of publicity of the S&S imprint. Prosser succeeds Cary Goldstein, who is leaving the publisher to become head of curation at media start-up WaitWhat. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-09-30 04:00:00 UTC ]
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Simon & Schuster lands Brearley '#MeToo reckoning for mothers'

Simon & Schuster has landed “the #MeToo reckoning for mothers” by writer and activist Joeli Brearley about new mums being pushed out of their jobs. Continue reading at The Bookseller

[ The Bookseller | 2019-08-28 20:40:58 UTC ]
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BIBF buoyant for UK, but US publishers face trade tariff problems

UK publishers at the Beijing International Book Fair last week saw typically buoyant rights trading, as the country's book market boom continues in 2019, with double-digit growth at the half-year stage. Continue reading at The Bookseller

[ The Bookseller | 2019-08-27 09:09:20 UTC ]
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