Simon & Schuster reported flat sales of $189 million for the second quarter — which represents a bit of forward movement, after sales had declined modestly in each of the previous three quarters. As usual, parent company CBS commented that “continued growth in digital book sales was offset by lower print book sales.” OIBDA was $21 million, “back to normal” in comparison to last year’s $9 million, which reflected some of the settlement of the ebook pricing case, and helped “as the more profitable digital book sales continued to grow.” Total digital revenues (including audio) were 29 percent for the […]
