ViacomCBS reported second quarter results on Thursday morning, with sales at Simon & Schuster rising off of last year’s pandemic decline, when sales fell $18 million, down to $200 million for the period. As a discontinued operation ahead of the DOJ’s review of the sale to Penguin Random House, actual results were not available when this report was first published, pending the filing of their full 10-q with the SEC. We’ll update after the filing. (For now, VIAC reported net earnings net of tax for all discontinued operations — of which S&S is just one component — of $41 million, […]
