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November 2, 2018By Michael Cader

Simon & Schuster Sales and Profits Gain on FEAR and More

November 2, 2018By Michael Cader

Bob Woodward’s FEAR helped lift Simon & Schuster’s sales in the third quarter to $240 million, up $12 million from a year ago, following two flat quarters. Operating income continued its steady rise, at $51 million for the quarter, $3 million higher than a year ago. In what ceo Carolyn Reidy called, “A great quarter,” adult publishing was up 6.5 percent (with other top titles including Reese Witherspoon’s Whiskey In A Teacup); children’s publishing rose 7 percent, aided by the Netflix adaptation of Jenny Han’s To All the Boy’s I’ve Loved Before; and audio was up 15 percent. Adding to recent […]

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