ViacomCBS reported fourth quarter and full-year earnings on Wednesday afternoon, with sales at Simon & Schuster hitting an all-time high of $901 million for the year, up almost 11 percent from $814 million a year ago. With S&S now classified as discontinued operations, due to the pending sale to Penguin Random House, the parent company did not provide their usual commentary. Sales for the quarter were $252 million, well up from $215 million last year (and still ahead of the $235 million recorded two years ago). Adjusted OIBDA looks to have been $41 million — the company did not explicitly […]
