Profits Rebound at Simon & Schuster Even As Sales Decline 4.5 Percent

CBS reported strong third quarter results after the close of the market on Tuesday, but sales at their Simon & Schuster unit fell 4.5 percent, down $10 million to $210 million, as OIBDA rose $1 million to $39 million. CBS said "strong growth in digital book sales was more than…

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