Strong Finish for S&S Sales rose 7 percent in the fourth quarter for Simon & Schuster, to $252.5 million, helped by the Oprah-powered YOU: On a Diet, and operating income increased by the same percentage, to $38.9 million (including a bad debt allocation against the AMS bankruptcy). Parent company CBS records full fiscal-year sales at Simon & Schuster of $807 million, up 6 percent from $763.6 million in fiscal 2005, attributed to stronger frontlist and “higher distribution fee income.” Operating income was $68.5 million for the year, up four percent from $66 million in 2005. Since this marks the first […]
