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November 6, 2013By Michael Cader

Record Earnings for Simon & Schuster

November 6, 2013By Michael Cader

With regular sales relationships re-established with Barnes & Noble in August, Simon & Schuster turned in a strong third quarter. Sales of $224 million were up 7 percent from an unusually soft $210 million a year, and OIBDA hit a new third-quarter record high of $43 million, up from $39 million in 2012. Simon & Schuster ceo Carolyn Reidy notes that “we had a lot of wind behind our back going into the quarter” from a variety of established books (including the Cassandra Clare City of Bones movie tie-in) plus “some nice strong titles that did even better than we […]

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Filed Under: Earnings Reports, Publishers

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